Here is When XRP is Expected to Reach $3.55, $5.33 and $7.76

Prominent non-custodial crypto exchange Changelly has analyzed the price outlook for XRP in the future, projecting when the digital asset will likely hit $3.55, $5.33, and $7.76.

The platform revealed this in its latest report on XRP price. In the report, the Changelly team first highlighted XRP’s astronomical surge from late 2017 to early 2018 and the subsequent retracement that plagued the crypto asset after the $3.31 high in January 2018.

Changelly emphasized that the market-wide bull run in 2021 helped XRP regain some of the lost values from the retracement. However, XRP failed to reclaim the $3.31 high or hit new highs due to the legal pressure from the SEC’s lawsuit against Ripple and its executives.

Now, XRP has rid itself of this legal pressure, standing out as the only altcoin with regulatory clarity in the U.S. Amid this bullish footing, Changelly has come up with projections of XRP’s future price.

XRP Price Predictions

At the time of writing, XRP is currently changing hands at $0.6728. Changelly forecasted that the asset will end this year with a value of $0.7405, marking a 10% increase from its current price and an impressive 118% surge from $0.3389, the value it started the year with.

In addition, the crypto exchange platform asserted that, like this year, XRP would record a slow but gradual price uptick next year. They predict a minimum price of $0.9666 for XRP in 2024, an average price of $0.9934, and a maximum price of $1.12. 

Should this materialize, XRP holders might not see the asset clinch $2 next year. The analysts at Changelly believe XRP would not even hit $2 in 2025. They set this price target for the next three years, in 2026. 

Projected Dates for $3.55, $5.33 and $7.76 Targets

The analysts do not think XRP will hit a new all-time high beyond $3.31 until 2027. Notably, they set a maximum price of $3.55 for XRP in 2027, marking a new peak. Interestingly, the report further asserts that XRP could break above the $5 threshold in 2028, hitting a maximum price of $5.33.

Furthermore, the Changelly analysts present a more optimistic price target for XRP in 2029, predicting that the digital asset could witness a maximum price of $7.76 this year. This price represents a 1,053% increase from XRP’s current price.

Meanwhile, the report shares insights into XRP’s current price outlook. Data confirms that the XRP market is overwhelmingly bullish, at 91%. Moreover, over the past 30 days, XRP has had a 53% win rate, with 16 green days. The asset is up 17% over the past week, currently sitting above the 50-day and 200-day SMAs.