XRP Price Predictions for 2020 – What Do the Experts Think?

Our overview of 2020 XRP predictions will cover the opinions of skeptics, proponents & neutral traders alike - What Could XRP Reach This Year?
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XRP is one of the most enigmatic cyptocurrency projects in the entire cryptoeconomy, to say the least.

On the one hand, no shortage of respected analysts point to problematic operations at Ripple, the backers of XRP, as suspect. Dumping XRP on retail investors, which skeptics allege is an unregistered securities offering, is one central argument here.

On the flip side, Ripple is large, has lots of money, and has leadership that’s proven adept at positioning itself and XRP toward success.

Can that positioning pan out? It remains to be seen. And then in the middle are more neutral folks who say, “XRP is tradable and it has good liquidity, so let’s trade it, up or down.”

Accordingly, our overview of 2020 XRP predictions will cover the opinions of skeptics, proponents, and neutral traders alike, all with a mind toward showing what various stakeholders think could happen for XRP price in the months ahead.

First, What’s XRP?

Right now, XRP is the third-largest cryptocurrency per market capitalization behind Bitcoin and Ethereum.

That reality shows how popular XRP already is, generally speaking. Yet the gap between XRP and those two frontrunners is pretty vast, as Bitcoin and Ethereum process considerably more economic activity than Ripple at the moment, and that dynamic doesn’t look like it’s changing any time soon.

With that said, there are also crypto veterans who still aren’t clear on what XRP is or does. To put things most simply, XRP is a cryptocurrency whose backers want it to decrease the friction and costs of transferring money between businesses and beyond.

Specifically, XRP is the keystone in Ripple’s xRapid solution, insofar as the crypto is used as a bridge currency within the tool for swapping between different currencies, e.g. in remittance transactions.

Alistair Milne: Obsolete, or $0

There are plenty of folks in the cryptoeconomy who think XRP is utterly worthless. Count British entrepreneur and investor Alistair Milne among that lot. In January 2020, Milne took offense with a comment that Ripple chief executive officer Brad Garlinghouse made to the Wall Street Journal.

“I’m bullish on BTC as a store of value, but not for payments … You don’t want to use BTC at Starbucks [because] by the time you get your coffee, it’ll be cold,” Garlinghouse had said.

In response to that remark, Milne took to Twitter and referenced the developers working on Bitcoin’s proposed second-layer scaling solution, the Lightning Network, and argued:

“Ripple staff talked to Lightning devs years ago. When they say stuff like this they are lying in the full awareness that Lightning tech makes their pointless token obsolete.”

In other words, Milne was suggesting the Ripple CEO had taken a cheap, unfair shot at Bitcoin, one that seriously understated the potential of Lightning. Accordingly, Milne clearly believes that Ripple and XRP have ultimately been rendered meaningless by Bitcoin and Lightning’s advancements.

Changelly: $0.04 to $2+

Cryptocurrency exchange Changelly is among the various crypto sites that offer price predictions, however unreliable, for consideration. This isn’t to say that Changelly will be a reliable predictor, then, but rather that the site has made a hard XRP prediction that the community can track going forward.

As such, at the start of 2020 Changelly projected:

“According to [our] service, XRP is a bad, high-risk 1-year investment option. In one year, the price of the coin may drop to $0.04. As a long-term investment … The coin price will increase gradually. So, in 2020, the coin price will be $0.46. In 2021, $0.58. The average price in 2025 will be $2.32.”

Spencer Noon: Down ~70 Percent, Maybe

In February 2020, BitMEX chief executive officer Arthur Hayes announced that the derivatives exchange was releasing a XRP/USD perpetual swap product. Hayes said:

“Is it called Ripple, XRP, or dogshit? Who knows, who cares. It’s worth more than zero so it’s time to trade the USD pair on BitMEX. Boo-Yaka-sha!”

The roll-out immediately made waves in the cryptoeconomy because of what’s happened before. For example, Spencer Noon, the director of DTC Capital, responded to Hayes’s remarks in noting that the ETH price plunged when BitMEX first launched ETH perpetual swaps in 2018. Noon estimated that a similar dynamic might occur for XRP going foward:

“Arthur pulls these antics every time a new perp swap goes live. Why? He induces public fear to get offshore [institutional] investors to pile in and short who before this never had a liquid enough forum to do so. He did the same to ETH in Aug 2018 it fell 70% in a month. Not good for $XRP.”

WalletInvestor: Down 90ish percent

Like Changelly, WalletInvestor is another website that offers cryptocurrency price predictions using Machine Learning (ML) techniques. It’s naturally an imperfect method, as WalletInvestor works solely off of past data, and the past isn’t indicative of future performance.

It’s still interesting to track WalletInvestor’s projections and how accurate they are, though. As of early 2020, the site predicted that the XRP price might plunge more than 90 percent over the course of the coming year:

“Yes. The price of XRP may drop from 0.282 USD to 0.0183 USD. The change will be -93.5091%.”

Michael Novogratz: Depends on Ripple

Michael Novogratz is one of the most prominent investors in the cryptoeconomy, having helped launch the crypto bank and venture firm Galaxy Digital. Accordingly, Galaxy has made investments all across the space, including in Ripple Laps, which is headed up by CEO Brad Garlinghouse.

To that end, it’s interesting to hear Novogratz’s thoughts on Ripple and XRP. This month, Novogratz made headlines for noting that he wasn’t presently impressed with Ripple:

“Ripple the company owns 60 billion of the coins, of the XRP … That’s a lot of it … [XRP] did underperform immensely last year … I think it will underperform immensely again this year and it’s just because of the supply.”

That comment generated a lot of attention, so shortly thereafter Novogratz took to Twitter to further clarify his thoughts on the matter:

“GLXY is a big investor in Ripple Labs. I would like to see them do well. [Brad Garlinghouse] has done a great job as ceo. I commented the XRP tokens underperformed $btc last year because Ripple owns a lot of them. I have been almost solely long $btc for the past 15 months.

… This year the broader alt market, including $XRP has outperformed $BTC. This has surprised me. That said, I see more and more large accounts getting educated and set up to be accumulators of $BTC snd believe on a risk adjusted basis it’s the best place to bet on crypto.

… The price of $XRP will be determined like all prices. If there are more buyers than sellers (and the company has a lot of control here) the price will rise. The company needs to distribute in a rational way at the same time building a real and scalable use case. I hope they do.”

Galaxy: $0.30 in Short-Term

Not to be confused with Galaxy Digital the company, “Galaxy” is a popular cryptocurrency trader on social media. Last month, the trader predicted that XRP was “looking ready” per their trading charts, which projected XRP would break $0.30 in relatively short order.

A few days later, Galaxy estimated that “750 days of bear market” were over for XRP.

NewsBTC: Up to $0.30

NewsBTC is a crypto news outlet. In recent days, its analysts have predicted that XRP could crack above $0.30 in due time:

“Ripple bulls need to gain pace above the $0.2810 resistance area to set the pace for a larger rally. In the mentioned case, the price is likely to surge towards the $0.2880 and $0.2920 levels. The next major hurdle for the bulls is near the $0.3000 handle.”

It seems like a relatively safe prediction, considering that XRP is priced at $0.275 at press time. Even still, the $0.30 price milestone isn’t a guarantee for XRP in the new year.

Cryptopotato: Between $0.31 and 0.21

Like Galaxy, Cryptopotato is another XRP trader that some Ripple stakeholders keenly track. As of early 2020, the trader projected that XRP will likely trade within the $0.21 and $0.31 range on the year:

“If the bulls can push the price above the 200-days [exponential moving average] at $0.26, the first level of resistance lies at $0.274 (1.618 Fibonacci Extension). Above this, resistance lies at $0.289, $0.30, and $0.317. Alternatively, if the sellers push XRP lower, the first level of support lies at $0.245 (January resistance). Beneath this, support lies at $0.234 (100-days EMA), $0.227, and $0.217.”

Exante: Up to $0.50

Exante is a European investment firm, and recently the company estimated that the XRP price will fare well thanks to XRP’s superior position in the cryptoeconomy:

“In the future, the stability factor may boost XRP prices over classic crypto. Predicting asset prices in the volatile crypto market is a daunting task. Think of the Bakkt trade start as an example. That said, [we believe] XRP will remain in the $0.2-$0.3 range for the next few weeks, possibly rising over $0.5 by the end of the year.”

Peter Brandt: Maybe $0.46

Peter Brandt is a classical chartist who trades many types of asset, including cryptocurrencies. In recent years, he’s gained attention for offering what he positions as neutral projections on top cryptos like BTC, ETH, and XRP.

As such, last fall Brandt estimated that XRP might be on course to rise to $0.46 according to technical indicators, specifically saying that:

“The [ongoing] diamond pattern has always been a top pattern among traditional markets. I suppose pattern might work for a bottom in crypto markets. If you want to know what a very clean diamond looks like, see $XRP … Pending a close above .3038 the diamond bottom will be completed with an initial target of .4691 $XRP.”

FXStreet John Isige: Between $0.30 and $1

John Isige is a technical analyst at FXStreet, an industry publication that provides daily insights on forex and crypto markets.

Last month, Isige estimated that XRP’s price performance in 2020 would largely depend on the price performance of bitcoin, saying:

“XRP must correct from the short term downtrend first and then shift the focus to $0.30 … Ripple’s price action in 2020 will largely depend on the movement in Bitcoin’s market. For instance, the 2020 Bitcoin halving event is expected to drive the price to highs above $20,000. The correlation between the assets will impact XRP into a bullish rally and could pull the price to levels above $1.0. However, I still believe $1.0 is a very conservative price for XRP.”

In other words, if BTC goes for a run, Isige thinks XRP will, too. A little over one month later, Isige’s colleague Tomas Salles similarly projected that an XRP price above $0.30 could be coming soon:

“XRP/USD is currently trading at $0.2785 after a first attempt at the $0.28 level. Today’s significant rise immediately followed yesterday’s move above the SMA200. Ripple’s XRP is approaching a complex zone full of resistance, a barrier that doesn’t end until it passes $0.315.”

Cointelegraph’s Michael Van De Poppe: Up to $0.473

At the start of 2020, Cointelegraph’s XRP analyst Michael Van De Poppe guessed that the XRP price might shoot up 175 percent at the time for a run toward $0.50.

“Towards the end of 2020, a bull cycle will blast XRP into new levels above $1.0 while maintaining the focus on $3.0,” Van De Poppe said.

Brad Garlinghouse: A Boon If Smaller Cryptos Wash Up

Brad Garlinghouse is the CEO of Ripple. And love it or hate it, Garlinghouse is good at his job when it comes to defending and advancing the Ripple and XRP brands.

In late 2019, Garlinghouse projected that in 2020 capital would flow from smaller, failing crypto projects to larger, more successful efforts like XRP:

“I think you’re going to continue to see consolidation. The world doesn’t need 3000+ cryptocurrencies out there, and I think the utility will bear out that there will be a migration to quality if you will.”

It’s a point that Garlinghouse isn’t backing down from. He later argued that he thought as much as 99 percent of the cryptoeconomy would eventually wash up, paving way for the advance of top projects like Ripple:

“And I think you’ll see consolidation, where there’ll be fewer than 3,000 for sure. We can argue how low that number can go. I’ve said publicly that I thought 99% would go away.”

Also, when IPO? Could affect XRP Price

In early 2020, Ripple CEO Brad Garlinghouse said that his company’s long-awaited initial public offering, or IPO, could be coming during the new year or shortly thereafter:

“In the next 12 months, you’ll see IPOs in the crypto/blockchain space. We’re not going to be the first and we’re not going to be the last, but I expect us to be on the leading side… it’s a natural evolution for our company.”

Of course, it’s possible that Ripple doesn’t launch an IPO over the next 12 months and remains a private company for the time being. Regardless, it seems clear that Ripple is set on going the IPO route, and when that IPO launches, expect bullish investors to acutely pile into XRP while the hype is on. This isn’t to say that XRP is a sure thing long-term, but rather that traders are likely to go into a frenzy if Ripple activates an IPO.

Bitlord: $224??

Let’s be frank, at no point should you think that an XRP price of $224 is possible. But in the interest of covering the most bullish end of the XRP spectrum, here you go.

Last month, crypto Twitter influencer Sir Bitlord declared their opinion that the XRP price could rise to $224. Again, this shouldn’t be considered as a reputable projection, but rather as the ceiling for XRP optimism.

Watch the Whale Alert System Just in Case

Some people have no problem with Ripple’s operations. Others find the firm’s activities very troubling.

Just in case, if you’re interested in following Ripple’s token sales in real-time, consider following the “Whale Alert” Twitter account. It tracks when XRP is sold from Ripple’s escrow account, which is must-have information for investors or would-be investors.

Regardless of whether you’re a proponent or a skeptic, the Whale Alert account will help you stay on top of when XRP is sold by official Ripple stakeholders, a key metric that is worth tracking at all times.


If the cryptoeconomy enters a bull market in 2020, then XRP will surely enjoy a boon regardless of fundamentals. With that said, Ripple has some solid collaborations currently in the works with companies like MoneyGram, but will that be enough for Ripple to reach escape velocity?

It’s an open question for now, but it’s clear that Brad Garlinghouse and the rest of Ripple’s key stakeholders won’t be letting up any time soon. Accordingly, don’t expect XRP to die any time soon. It may not be the sexiest project in the space, but it is one that has some of the biggest backers.


William M. Peaster is a professional writer and editor who specializes in the Ethereum, Dai, and Bitcoin beats in the cryptoeconomy. He's appeared in Blockonomi, Binance Academy, Bitsonline, and more. He enjoys tracking smart contracts, DAOs, dApps, and the Lightning Network. He's learning Solidity, too! Contact him on Telegram at @wmpeaster

1 Comment

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    Crypto Redeemer Reply

    Looking at its current position I think it’s going to stick around for a long time.
    Price increase is expected

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