Check out other alternatives here. TRON (TRX) 10 billion tweet typo – was it a marketing scheme? However, the company decided to settle on its former and current name, Ripple. Instead of posing as an existential risk, they took a more pragmatic approach as a distributed ledger technology provider, which enables them to leverage blockchain-like technology. Nonetheless, the current value of XRP is still 100 times higher than its all-time low of $0.29233, which happened early on during its infancy stage on May 22, 2014. Earlier days Ripple had different name until 2015 that is “OpenChain”. All in all, taking everything into consideration, the price of XRP may have the potential to reach $10. XRP has the capacity to revolutionize global banking. Jesús specializes in cryptocurrency product reviews, tutorials & technical analysis. However, the XRP/USD pair corrected, exceeding the 23.6 percent Fibonacci retracement level of the latest plunge from $0.2547 swing highs to $0.2426 swing lows. Ripple went on to form partnerships and strike deals with top banks across the world and the price of XRP began increasing. They claim that they are the only enterprise blockchain company today with products with real commercial use. Ripple has the potential to become a new standard in a lot of industries. XRP has successfully sustained its position among the. Ripple is currently one of the busiest cryptocurrency firms on top of being one of the top five cryptocurrencies in the world. Please visit our Privacy Policy & Terms Of Service page to learn more. It shows the amount of confidence many people have on this project and for a good reason. however, many banks reported to have integration with XRP. XRP price prediction for 2020 – 2025 by WalletInvestor WalletInvestor has a pessimistic point of view on the future price of XRP. Another bullish Ripple price prediction was given by Cryptoground.com, who predicted the crypto to trade at  $0.348 in a year, yielding nearly 28 percent. Ripple was born back in 2004 when Ryan Fugger designed the first prototype sketch of a decentralized payment system dubbed RipplePay. Ripple surrendered its third spot following a high ranking Ripple official’s claims that XRP is not competing with stablecoins. Get expert opition on short-term and long-term xrp price prediction, and learn what will be the value of Ripple in 2025 and 2030. The coin price will drop gradually. Combine proper risk management and the necessary fundamental analysis before making an investment. This is a very attractive entry point for people who feel terrified of the prices of Bitcoin and Ethereum. But who said USD will be dethroned from this status? This American company is currently headed by Brad Garlinghouse as Chief Executive Officer and headquartered in San Francisco, California, U.S.A. Recently they have released some details of an upcoming application that will allow users to hold and spend XRP to enable people to be their bank. In doing so, it can perform much faster transactions at a fraction of the energy required to operate its network compared to Bitcoin and Ethereum. Since that time, both BTC price and XRP price have seen bullish activity with BTC reaching $12,000 and XRP reaching $0.31 in August 2020. This is not surprising considering the number and quality of partnerships Ripple has established. Got a Story tip? Jesus Cedeño is a certified doctor turned cryptocurrency expert, writer, and investor who lives in New York City. The awareness and interest in this emerging asset class would have snowballed due to these events. However, drastic price swings in crypto are nothing new. This means that we generally see a positive price movement for most altcoins when BTC price surges and the same is true when it goes the other way around. However, analysts also indicate many different scenarios where a pullback occurs after setting a new all-time high. Once again, this will initiate another bull cycle that will see XRP reaching an all-time high, gaining as much as 1575% increase of its current value or $4.60.