Ripple is a payment protocol that was created in 2004. In 2012, it was renamed OpenCoin.
xCurrent provides fast cross-border transactions for banks. XRP tokens are the core cryptocurrency of Ripple.
Ripple has established several strategic partnerships with major financial institutions to improve access to modern financial technology and speed up international transactions. However, this comes with some risks such as potential data security issues and volatility.
The current price of Ripple on 12/23/2024 is $2.16800.
Experts expect a significant growth in the price of Ripple XRP by the end of 2024, reaching $0.75 - $0.86.
Most XRP price predictions point to Ripple price growing to $1 by mid-2025, reflecting bullish expectations.
The price forecasts for the period from 2026 to 2030 are mixed. The expected prices for 2026 range from $0.85 to $2.27. However, the price is also expected to be in the range of $0.15 to $0.40 by 2030. At the same time, a promising upward trend is expected from 2026 to 2030, with prices rising from $0.68 in 2026 to around $3.50 by 2030.
The forecast highlights the potential of XRP due to Ripple’s high technological level and its ability to develop a smart economy through the creation of digital assets and smart contracts.
XRPUSD: According to the Elliott Wave analysis, the XRPUSD pair is expected to fall within the last wave of the compound corrective wave to reach the bottom level of 1.897 during this week, and it will be appropriate to look for short trades for the pair, with the take profit level set at 1.897.
