XRP LONG 0.75$ and 1.15$ are on the RadarXRP price prediction, the value of XRP is predicted to drop by -2.25% and reach $ 0.479326 by July 8, 2023. According to our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 62 (Greed). XRP recorded 17/30 (57%) green days with 3.88% price volatility over the last 30 days. Based on our XRP forecast, it's now a good time to buy XRP.
XRP price today is $ 0.489242 with a 24-hour trading volume of $ 2.56B, market cap of $ 25.56B, and market dominance of 2.08%. The XRP price increased 1.12% in the last 24 hours.
XRP reached its highest price on Jan 4, 2018 when it was trading at its all-time high of $ 3.92, while XRP's lowest price was recorded on Jul 7, 2014 when it was trading at its all-time low of $ 0.002802. The lowest price since it's ATH was $ 0.113268 (cycle low). The highest XRP price since the last cycle low was $ 1.977930 (cycle high). The XRP price prediction sentiment is currently bullish, while Fear & Greed Index is showing 64 (Greed).
XRP's current circulating supply is 52.25B XRP out of max supply of 100.00B XRP. The current yearly supply inflation rate is 13.26% meaning 6.12B XRP were created in the last year. In terms of market cap, XRP is currently ranked #4 in the Layer 1 sector.
Trend bullish
higher pocs
divergence
RSI trend continuation is positive
The bullish sentiment is +86%
Comparing XRP against other important technological innovations and trends is one way of predicting where the XRP price could head over the long term. The table above shows what the XRP price would be by end of year 2024, 2025, and 2026 if its growth trajectory followed the growth of the internet, or large tech companies like Google and Facebook in their growth phase.
In the best case scenario, XRP price prediction for year 2026 is $ 9.05 if it follows Facebook growth. In case XRP would follow Internet growth the prediction for 2026 would be $ 1.037854.
XRP is currently trading above the 200-day simple moving average (SMA). The 200-day SMA has been signaling BUY for the last 48 days, since May 16, 2023.
The price of XRP is currently above the 50-day SMA and this indicator has been signaling BUY for the last 2 days, since Jul 01, 2023.
The most recent Death Cross in the Bitcoin market happened 192 days ago, on Dec 23, 2022. Meanwhile, a Golden Cross last occurred on Apr 03, 2023, which was 91 days ago.
Based on our technical indicators, XRP's 200-day SMA will rise in the next month and will hit $ 0.466289 by Aug 02, 2023. XRP's short-term 50-Day SMA is estimated to hit $ 0.461511 by Aug 02, 2023.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 53.43, which indicates that the XRP market is in a neutral position.
S1 $ 0.471781
S2 $ 0.458633
S3 $ 0.446728
R1 $ 0.496833
R2 $ 0.508737
R3 $ 0.521886
Highlights
Price has increased by 52% in the last 1 year
Outperformed 80% of the top 100 crypto assets in 1 year
Trading above the 200-day simple moving average
18 green days in the last 30 days (60%)
Has high liquidity based on its market cap
Trading on Binance
Trading with Euro
Risk Analysis
Outperformed by Bitcoin and Ethereum
Down -87% from all-time high
Yearly inflation rate is 13.26%
XRP price is positively correlated with the top 10 coins by marketcap with a value of 0.140, excluding Tether (USDT) and positively correlated with the top 100 coins by marketcap excluding all stablecoins with a value of 0.128.
Currencies that are positively correlated with XRP indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with XRP, a move in one direction for XRP would translate into a move in the opposite direction for the negatively correlated coin.
XRP Price Forecast
Date Price Change
Jul 4, 2023 $ 0.487750 -0.54%
Jul 5, 2023 $ 0.493399 0.62%
Jul 6, 2023 $ 0.473601 -3.42%
Jul 7, 2023 $ 0.493554 0.65%
Jul 8, 2023 $ 0.479326 -2.25%
Jul 9, 2023 $ 0.484505 -1.20%
Jul 10, 2023 $ 0.442919 -9.68%
Jul 11, 2023 $ 0.461829 -5.82%
Jul 12, 2023 $ 0.473853 -3.37%
Jul 13, 2023 $ 0.488465 -0.39%
Jul 14, 2023 $ 0.468111 -4.54%
Jul 15, 2023 $ 0.442248 -9.81%
Jul 16, 2023 $ 0.439206 -10.43%
Jul 17, 2023 $ 0.436434 -11.00%
Jul 18, 2023 $ 0.437612 -10.76%
Jul 19, 2023 $ 0.447480 -8.75%
Jul 20, 2023 $ 0.442908 -9.68%
Jul 21, 2023 $ 0.453327 -7.56%
Jul 22, 2023 $ 0.463789 -5.42%
Jul 23, 2023 $ 0.446259 -9.00%
Jul 24, 2023 $ 0.443146 -9.63%
Jul 25, 2023 $ 0.439622 -10.35%
Jul 26, 2023 $ 0.433597 -11.58%
Jul 27, 2023 $ 0.431139 -12.08%
Jul 28, 2023 $ 0.431371 -12.03%
Jul 29, 2023 $ 0.420295 -14.29%
Jul 30, 2023 $ 0.429755 -12.36%
Jul 31, 2023 $ 0.422158 -13.91%
Aug 1, 2023 $ 0.437131 -10.86%
Aug 2, 2023 $ 0.436228 -11.04%
