One of the most popular cryptocurrencies – Ripple – is feeling the pressure, but is preparing for explosive growth. The confrontation between the US Securities and Exchange Commission (SEC) and Ripple (XRP) has not yet come to an end. And if earlier this greatly affected the price of XRP, now the situation is not so obvious. At the end of 2020, while the litigation with the SEC was gaining momentum, the XRP rate fell to a local low of $0.17. In early April 2021, Ripple updated its three-year high of $1.11 when the court allowed the company to review internal SEC documents.
On May 4, the Ripple exchange rate fell sharply, as the SEC threatened XRP holders with a lawsuit. The Commission opposes investors joining the case for the recognition of XRP securities. However, the decline did not last long, as the company appointed a former US treasurer to its board of directors.
How should Ripple investors behave in such uncertain circumstances? Will the Ripple rate rise or fall? Let’s take a look at the predictions of experts.
Ripple (XRP) prediction 2021 and 2022: have some faith in the victory
TradingBeasts expects the average price of XRP to remain in the range of $1.73-1.79. The site’s analysts predict an uptrend, which is a good sign for traders. The maximum price will reach $2.24 in December 2021. The minimum price will not fall below $1.47.
According to experts from Wallet Investor, the average price of XRP will fluctuate around $1.5 until December, when the rate will reach $1.84. A strong uptrend is not expected, the average price will remain at a good level. The maximum price of Ripple will always be around the $1.8 mark, and in December it will exceed $2. The minimum bet will not fall below $1.1.
The Ripple price prediction from Crypto Ground cannot be called promising. Nevertheless, the XRP rate will grow. By 2022, the price will reach $1.92.
Our own Ripple (XRP) price prediction
The prediction from our experts on this site may shock traders with an overly optimistic nature. It is expected that by the middle of the year the price may reach $4.77, and at the end of 2021 – $5.
Long prediction analysts do not expect a sharp increase in XRP. During the year, the XRP/USD exchange rate will be subject to high volatility. Although Ripple will exceed $2 by the end of 2021, the coin’s exchange rate will experience numerous ups and downs.