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Projected Timelines for XRP 44,463% Rise to $250 and 62,288% Rise to $350

source-logo  thecryptobasic.com 07 September 2024 04:50, UTC
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Multiple entities have presented varying timelines for $XRP to skyrocket between 44,463% and 62,288% from its current price.

$XRP has been the subject of several price predictions amid the prevalent market uncertainty. Notably, $XRP initially spiked to $0.7440 earlier in the year. However, the ongoing market correction has triggered a retracement that has seen it drop below the $0.60 point and relinquish multiple support levels.

Despite the recent price struggles, ambitious predictions have persisted. Some of these predictions hinge on $XRP’s utility in cross-border payments and potential widespread adoption by leading financial institutions. A few of them also point to $XRP’s unique position as the only asset with legal clarity in the United States.

Market watchers have also spotlighted its multi-year consolidation phase from the 2018 all-time high of $3.31. For instance, in March, pundit Chad Steingraber presented $250 as $XRP’s top price for the ongoing cycle. Last month, The Block Bull, a market analyst, also predicted that $XRP could rise to a price between $190 and $250.

Timelines for $XRP to Hit $250 to $350

Amid these predictions, we recently sought inputs from several sources, including crypto exchange Changelly and AI chatbots Grok and ChatGPT, on the possible timeline for $XRP to reach prices between $250 and $350.

Interestingly, analysts at Changelly believe $XRP could eventually breach $250 in 2040, essentially 16 years from now. These analysts expect $XRP to hit a maximum price of $253.86 by October 2040. However, they further predict that $XRP could drop from this level in the following months but maintain the $200 territory.

$XRP Price Prediction 2040 | Changelly

Also, Changelly analysts believe the $300 level could price in as the maximum price by the end of 2040. Meanwhile, they believe $XRP would not be able to clinch $350 until 2050. The analysts predict a maximum price of $357 for $XRP by June 2050.

$XRP Price Prediction 2050 | Changelly

When queried, AI chatbots Grok and ChatGPT presented similar timelines. Grok, making an educated guess, emphasized that $XRP could possibly claim prices between $250 and $350 from 2026 and beyond, two years from now. For context, a $250 price would require a 44,463% increase, while a $350 target would demand a 62,288% jump.

$XRP Price Prediction | Grok

Interestingly, ChatGPT made a similar projection. The OpenAI-backed chatbot stressed that such price rallies would demand unprecedented favorable conditions. However, it predicted that should such conditions align, $XRP could reach $250 to $350 from 2026 and beyond.

$XRP Price Prediction | ChatGPT
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