XRP Price Prediction: All Set for New ATH With Ripple’s Big Push?

XRP Price Prediction Analysis: Can Ripple Drive the Next All-Time High

XRP has been making headlines with significant developments, including new partnerships and the launch of Ripple's stablecoin, $RLUSD. But notwithstanding all this progress, it still has not reached its all-time high of $3.84. In this article, we want to get into details regarding XRP price prediction, including its current short-term and long-term trends.

XRP Price Today and Ripple's Current Success Stories

At the moment, the value of the altcoin is set at $1.86. The coin declined by 8.50% throughout the last week, ranging from $2.03 to $1.77. Nonetheless, its market value is robust at $112.84 billion, with its daily trading volume reaching $4.69 billion.

Source: CoinMarketCap Website 

Ripple's achievement in securing conditional approval for chartering Ripple National Trust Bank and striking a significant deal with AMINA Bank has boosted the confidence of investors. Such developments have brought it closer to being used in payments between different countries.

Source: Ripple X Account 

Despite this, it is nowhere near reaching its record price of $3.84. Despite that, experts are positive about this cryptocurrency and its future expansion.

XRP Price Prediction: Can It Reach a New All-Time High Soon?

Source: TradingView Website

Support Levels: 

• $1.86: It is the crucial support level. Going below this level may indicate a bearish market.

• $1.70: A supporting level in case the market declines further.

Resistance Levels:

• $2.30: The first level of resistance. Breaking past it might result in a more substantial move.

• $2.70 - $3.00: This is a strong resistance level. If it can break through, then the target is $5

Short-Term Analysis (1-3 Months): In the short run, it appears that the price of XRP shall move with a steady escalation. This has been determined by the TD Setup 9, which indicates that it may move with increasing momentum. The price may reach $3-$5 in the coming months, keeping $1.86 as the fundamental support. If this support is sustained by the price, then a breakout may occur at $2.30.

Medium-Term (3-6 months): Talking about the medium term,it may reach $5-$7. There may be a minor correction after the initial hike. But it will surely continue to follow the positive trend, provided that the market stays in good condition.

Long Term (6+ Months): It may experience an impressive growth, reaching $13 and beyond. This would be based on a breakthrough past various resistance levels and a positive market sentiment. Others predict that it would even hit the high of $15 in the coming year, considering its adoption and Ripple’s involvement in the financial sector.

Will XRP Hit $15 in 2026?

Looking forward, experts are optimistic about the prospect of hitting $15, especially with Ripple’s increasing international reach and adoption by institutions. Technical analysis and sound market fundamentals are expected to bring substantial gains in the coming year or two.

Conclusion

Given the recent success of XRP and the favorable technical analysis signs, it seems that it is the right time to think about purchasing or holding it. The forecasts for the future are very promising, especially when it comes to the long-term prospects. Still, it is vital to note that any cryptocurrency will experience market variations. 

Disclaimer: This article contains general information and is not to be considered financial advice. Cryptocurrency investments have proven to be highly volatile. You must therefore carry out your own personal research prior to making any investments.