XRP Price Prediction $500, $100: Can XRP Reach $500 or $100 Dollars?

XRP Price Prediction $500, $100: Can XRP
         Reach $500 or $100 Dollars?
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XRP Price Prediction $500 – Quick Take
To reach $500, XRP’s market cap will be worth $24 trillion, which would be higher than the GDP of
America today. It would be incredibly impractical for XRP to reach this level. Below we’ll give our
detailed analysis on the XRP price prediction $500.

The legal battle between Ripple Labs and the SEC continues with a decision pending after final
briefs were submitted. The decision is likely due in the next few months, although certain high-
profile observers of – and participants in – the case have even suggested that its conclusion could
arrive as soon as this week.

This post will offer you the latest insights on XRP price prediction $500/ $100 that was being made
as of 29 March 2023, and its projected trend from technical and fundamental analysis to price
history.

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XRP Overview
Cryptocurrency             XRP
Ticker Symbol              XRP
Rank                       6
Price                      $0.545744
Price Change 24H           +12.02%
Market Cap                 $28,203,042,861
Circulating Supply         51,678,187,732 XRP
Trading Volume             $3,359,915,392
All Time High              $3.84
All Time Low               $0.002802

XRP Past Performance

Here is how XRP has performed over the past few years:

                   2013:    $0.028
                   2014:    $0.024
                   2015:    $0.0062
                   2016:    $0.0064
                   2017:    $2.1
                   2018:    $0.371
                   2019:    $0.19
                   2020:    $0.21
                   2021:    $0.85
                   2022:    $0.33

In 9 years since launch, 4 have been positive and 5 negative.

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What Makes Ripple (XRP) Unique?
                   Ripple enables financial services through the XRP Ledger and collaborates with traditional
                   financial services companies. XRP is the cryptocurrency that fuels the transactions through the
                   product xRapid(Just like ETH or MATIC)

                   Transaction Speeds and Costs that are competitive. Traditional overseas payments take days
                   as compared to Ripple which takes seconds.

                   XRP uses a consensus protocol with validators swiftly approving transactions. Validators could
                   be Banks and Financial Institutions. Ripple is more centralized than Bitcoin and Ethereum.

XRP ledger is used to create cryptocurrency wallets and XRP ledger can also be integrated to
      create a stablecoin.

      Ripple is a more privately-owned network as coins are released by Ripple directly unlike
      Bitcoin where coins have to be mined.

      Ripple with its open source and peer-to-peer decentralized platform can be used to transfer
      money in any form, whether it’s dollars, yen, euros, or cryptocurrencies.

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Current XRP Price Analysis
At the time of writing, XRP price is $0.545744 and has gained by 11.2%% in the past 24 hours,
making it the best-performing top-100 crypto over the past week.

XRP’s price has increased by an impressive 15.7% in the last seven days, as well as by 45.3% in the
past fortnight, as the market comes to increasingly expect a positive resolution to the Ripple-SEC
case.

With XRP’s 24-hour trading volume still elevated at over $3.3 billion, it does indeed seem that
interest in the coin remains very high, pointing to further gains in the near future.

In addition, Ripple’s latest financial report showed net sales of $226.31 million in the fourth quarter
of 2022, with the company expanding its cross-border payments solution into France, Sweden and
Africa in the same period.

Even with the lawsuit casting a shadow over XRP for the past couple of years, XRP Ledger accounts
have now risen to almost five million, up from two million back in February 2020.

All these growth points to how much Ripple could prosper if it wins its case, while it also points to
how much XRP could rise in price.

XRP’s chart shows that it has plenty of momentum right now, and its technical indicators
encouragingly suggest that it can still rise further before becoming overbought.

Its relative strength index (purple) has begun rising again after dropping to 60 a couple of days ago,
suggesting that another surge is in the works.

At the same time, XRP’s 30-day moving average (red) has begun climbing towards its 200-day
average (blue), with a crossover likely to signal further movements upwards.

Regardless, there’s little doubt that XRP will rise far beyond such a price if Ripple receives a
favorable settlement or judgment in its case with the SEC.

Having said all this, it needs to be pointed out that whales appear to be moving XRP to exchanges at
the moment, as indicated by three whale alerts within the past 24 hours. Because of this, we may
actually see a dip in the short term, at least before a decision arrives in the case.

However, the longer-term picture looks much more positive, with a Ripple victory enabling the
company to expand its business on a large scale. It’s arguably safe to say that it will sooner or later
beat its all-time high of $3.84 in the event of a victory, while some bullish analysts have predicted
double figures before the year ends.

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XRP Price Prediction $500: Factors that May Affect the
XRP Price

Top Concern: Ripple vs SEC Lawsuit

The Ripple vs SEC Lawsuit is one factor that has been an obstacle to the rise of XRP. Since 2018
when the SEC accused Ripple of selling XRP in unregistered security offering to investors in the U.S.
and worldwide, XRP has been crashing with decreasing in investor interest. If the Judge rules
against Ripple, the XRP price is certainly likely to crash and perhaps never recover again. However,
if the Judge rules in favor of Ripple, a massive pump is inevitable. As much as 2x in a matter of days.

Will Ripple win the case? As per the predictions by the top US Attorney, there is a 50% chance of
Ripple winning, in light of all the positive decisions and rulings in its favor it has been able to secure.

This includes the upholding of Ripple’s motion to exclude one of the SEC’s key expert witnesses, who
had been called upon by the regulator to testify that XRP buyers had had a reasonable expectation of
profit.

Other positive decisions include Ripple’s winning of access to important SEC emails related to a
2018 speech on whether cryptocurrencies are securities, and also the upholding of the company’s
right to use a fair notice defense.

Besides, reports say that SEC and Ripple can agree to a settlement where Ripple could agree to a
few conditions for XRP to be classified as a commodity. It means we can expect a compromise
solution from both parties.

All these developments have all helped to create optimism within the XRP and wider cryptocurrency
community, with many people expecting a decision soon.

Other factors

     Acceptance of Ripple As a Key Payment Protocol: Ripple Lab the developers of XRP have
     been working to be recognized as a key mode ofpayment protocol that can enhance
     international money transfers. Many crypto experts are of the opinion that Ripple in the
     coming future could revolutionize the transaction process worldwide. If so happens, the price
     of XRP the native of Ripple could skyrocket.

     Government Regulations: Government regulations around the world has been a key factor
     influencing the price of cryptos. If the regulations are tightened, the price dips and if there is
     some favorable decision, the price skyrockets. There government regulations will be one factor
     that could influence XRP price.

     Drop in Inflation: Inflation may fall below 6% in the next 3 months, will that pump XRP?

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XRP Price Prediction $500: Detailed Analysis
XRP is the 6th largest cryptocurrency with a market cap of over $28 billion. XRP price has suffered
for a time due to the SEC case against its parent company Ripple. Many bigger exchanges have not
listed it due to the ongoing Ripple vs SEC lawsuit.

It seems that investors everywhere are searching for “XRP Price Prediction $500.” No one knows the
future but tons of people are talking about XRP. To reach $500, XRP’s market cap will be $24
trillion. That is the size of the US GDP today and 6-7 times the market cap of Tesla today.
Mathematically and in theory this is feasible. But in reality, this looks extremely impractical:

The Global Remittance market size is about $19 Billion and lets us for argument’s sake, it rises
      to $200 Billion in say 20 years.

      There are too many players in the remittance business and it is likely that with increased
      competition from Ripple, many will offer the same services. So Ripple could be a market leader
      with the very little share.

      Assum Ripple ends with 25% of the market (highly unrealistic), and it would end with revenue
      of $50B. Assuming margins of say 50% (unrealistic again), it would end with $25 B in earnings.
      This could translate to a price of about $250.

Of course, it is just fantasy projection in reality. Businesses with these kinds of prices have to be
highly monopolistic and given cross-country regulations on money transfers, such market shares are
likely to be highly unsustainable.

In short, all these scenarios look unrealistic and far-fetched. Therefore, we would say XRP is unlikely
to reach $500. But we do believe that XRP can reach $10 or even $50. Of course, anything can
happen in the crypto market, so this is by no means a guarantee.

XRP Price Prediction $100: Can XRP Reach $100 Dollars?
To reach $100, XRP will have to rise 270x. That translates to a market cap of $5 trillion (equal to 12x
the current market cap of Tesla). At a conservative 25% per annum, XRP could reach $100 in 25
years.

It is feasible in theory, but in reality, it looks incredibly unrealistic. The global remittance market
can support a player with a 5 trillion market cap assuming a favorable regulatory environment and
competitors not coming up with similar projects.

Considering all these, we believe that $100 dollars is a theoretical possibility but the odds of it
becoming real are extremely low if not impossible, irrespective of the SEC outcomes.

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Final Thoughts
Ripple CEO Brad Garlinghouse has said on numerous occasions recently that he expects an end to
the case this year and perhaps by the summer.

XRP Price Prediction After Lawsuit Win cannot be determined accurately but it is expected that the
price of XRP could surge explosively considering the development of Ripple network with the
growing acceptance of the Ripple Payment Solution.

This will certainly be the case if Ripple does indeed secure a positive outcome in its case, something
which could soon send XRP beyond $1 and on course to recover its all-time high from 2018.

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FAQs

Is now a good time to buy XRP?

Given the gains of its past few days, XRP may potentially witness a little correction in the short term,
although its indicators still look good. Make sure to do your own research before investing in any
coin.

Where can I buy XRP?

BTCC is one of the best exchanges as it witnesses a large trading volume of the XRP. Other
exchanges for buying XRP include Binance and KuCoin.

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