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) is not over yet. And if this used to have a huge impact on the price of XRP, the situation is not so obvious now. In late 2020, as the lawsuit with the SEC gained traction, the XRP price 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 filings.
On May 4, Ripple’s price fell sharply when the SEC threatened XRP holders with a lawsuit. The Commission does not allow investors to join the XRP Securities Recognition Process. The decline didn’t last long, however, as the company appointed a former U.S. treasurer to its board of directors.
How should ripple investors behave in such uncertain circumstances? Will the Ripple price rise or fall? Let’s take a look at the predictions made by experts.
Ripple (XRP) 2021 and 2022 Prediction: Trust Something in Victory
TradingBeasts expects the average price of XRP to stay in the $ 1.73 to $ 1.79 range. The site’s analysts predict an upward trend, which is a good sign for traders. The maximum price will hit $ 2.24 in December 2021. The reserve price will not go below $ 1.47.
According to experts at Wallet Investor, the average price of XRP will fluctuate around $ 1.5 through December, when the price reaches $ 1.84. A strong upward trend is not to be expected, the average price will remain at a good level. Ripple’s max price will always be around the $ 1.8 mark and exceed $ 2 in December. The minimum bet will not go below $ 1.1.
Crypto Ground’s ripple price prediction can’t be called promising. Even so, the XRP rate will go up. By 2022, the price will reach $ 1.92.
Our own Ripple (XRP) price prediction
Our experts’ prediction on this page may shock traders with an overly optimistic nature. The price is expected to reach $ 4.77 by mid-year and $ 5 by the end of 2021.
Long prediction analysts do not expect the XRP to rise sharply. During the year, the XRP / USD exchange rate will be subject to high volatility. Although Ripple will surpass $ 2 by the end of 2021, the exchange rate of the coin will see numerous ups and downs.