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Forget 2023, Here Are The Major XRP Price Predictions For 2024
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Forget 2023, Here Are The Major XRP Price Predictions For 2024

Scott Matherson
Scott Matherson
1 year ago
4 mins read
XRP price

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The official dismissal of the US Securities and Exchange Commission’s (SEC) claims against Ripple’s CEO Brad Garlinghouse and its co-founder Chris Larsen has reinvigorated predictions about the XRP price future trajectory. With the year coming to a close, some financial experts are already looking to 2024 and have made their expectations known as to the XRP price in 2024.  

XRP Price Could Go Above $1

Some financial specialists have given their thoughts on XRP’s price and factors that could ultimately affect the token’s trajectory. One of these experts happens to be Gillian Dewar, the Chief Financial Officer (CFO) of Crediful, who believes that the token could rise to as high as $1 (and even go higher)  based on certain conditions. 

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These conditions include XRP’s adoption rate and the state of the broader crypto market. Ripple uses XRP as its utility token in processing cross-border transactions for its clients. Some of these clients include global financial institutions, and Dewar believes that XRP’s adoption, among them, could have a significant impact on the token’s future price pattern. 

Rising To $2

Financial analyst Lauren Yarpei didn’t give an exact price that XRP could attain at the start of 2024, although she noted that some other financial experts project that it could rise to as high as $2 at the start of next year.

Dom Farnell, a co-founder of The Investors Center, is really bullish on the token as he labels XRP as one of the best altcoins. Although he didn’t give a timeframe, he believes that the XRP community will soon witness the token hitting a new all-time high (ATH). 

XRP Above $10

On the more optimistic side, crypto analyst Egrag Crypto believes that 2024 will be the year when the XRP price experiences parabolic growth. In an analysis posted on X (formerly Twitter), Egrag told their followers that the altcoin could explode 2,500% in 2024 which would mean that the XRP price climbs above $10.

In another prediction, Egrag has outlined a possible XRP price move to $30, which would happen sometime in the bull market.

XRP price prediction chart from Tradingview.com

XRP showing strength | Source: XRPUSD on Tradingview.com

XRP Price Between $14 And $17

Another crypto analyst puts the XRP price between $14 and $17 in the upcoming year. Like Egrag, the analyst sees the altcoin crossing the $10 dollar mark next year, something that would validate the expected 2,500% move upward.

On a longer time frame, the analyst expects XRP to climb as high as $24 around 2026-2027. Once again, validating Egrag’s prediction for the altcoin’s price.

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Sending XRP To $500

Although the prediction of Wells Fargo Manager Shannon Thorp, is on a much longer timeframe, it is important to mention that the analyst believes that the XRP price will reach $500.

Thorp uses the fact that Ripple is moving into the cross-border payments sector, and capturing a good portion of that market share will send XRP surging in no time. The analyst, however, puts the timeframe for this sometime in 2027.

Featured image from YouTube, chart from Tradingview.com
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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

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Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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