GetEx Insider
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Written by GetEx Insider
on February 18, 2019

XRP Price Prediction 2019-2020: how high can Ripple go?

This article gives an overview of the origins of Ripple coin (XRP) and experts’ predictions of its price for the following five years.

Launched in 2012, Ripple is one of the most frequently used cryptocurrencies around the globe due to its fast transactions (up to 1500 per second) and well-designed code which provides for the coin’s safety.

Conceived for transactions between banks and financial institutions, XRP immediately shot to prominence and now ranks among the top three digital coins by its capitalization, despite a low per-token price.

Ripple constantly expands its operations through profitable partnerships, implementing its technology on behalf of big corporations or even charitable works. As it’s pragmatically possible to pay with Ripple, and a number of banks have adopted the coin, a strong future is not unrealistic. So will ripple take off in 2019?


What is Ripple

Ripple was conceived as a means of payment to speed up bank transactions which otherwise required 3 to 5 working days, minimum. The concept of such a specific protocol was generated in 2005 and 5 years later, in 2012, the company issued its own token XRP or Ripple.

The project is similar to Bitcoin in only one way - it is based on the technology of decentralization data. Otherwise, its architecture is entirely different from a typical blockchain. Furthermore, in contrast to other cryptocurrencies launched as an alternative method of payment to replace fiat money, XRP is aimed to provide for better asset exchange which implies almost immediate transactions and low commission. Consequently, the target audience of Ripple is comprised mainly by banks and international payment systems.

Furthermore, the company’s protocol allows operations with various currencies (whether fiat or crypto) which highly increases the capacity of the project.

The commission for transactions via the Ripple network is fixed (0.00001 XRP) to avoid congestion because of unnecessary operations, as in the case of BTC. As for the token itself, it was released in a limited number of 10 billion under a plan to attract investment capital.


History of Ripple

Ripple coin and logo

The company got off to a flying start, with noteworthy first investors such as Google Ventures and Andreessen Horowitz. The initial clients were American banks: Fidor Bank, Cross River Bank, and CBW Bank all signed with Ripple in 2014. That same year the company started working with the Earthport payment system providing services for 65 countries. In 2015 other payment systems got involved: Western Union decided to experiment with this promising new protocol followed by the Commonwealth Bank of Australia.

May 2015 saw Ripple Labs being fined by FinCEN for violating bank-secrecy laws, demonstrating the need for operational improvement. That resulted in Ripple Lab introducing a transaction monitoring process monitoring transactions via AML.

In 2015 - 2017 Ripple opened up offices in global financial centres Sydney, London, Luxembourg, Mumbai and Singapore. Organizations such as the National Bank of Abu Dhabi started integrating XRP. In June 2016 Ripple obtained a BitLicense from the New York State Department of Financial Services among four other companies. In August of that year, Ripple brought together a consortium of Asian banks to discuss partnerships.

Today Ripple is integrated into hundreds of payment systems and banks including American Express, MoneyGram, UniCredit, International Foreign Exchange, Cambridge Global Payments, and UniPay.


XRP price chart


As the graph shows, Ripple price has risen significantly in recent years, due to the company’s integration into the world’s leading payment systems and the ongoing polishing of its technology. Ripple has acquired a lot of partners and investors on its journey to revolutionize international payments.


Ripple Price Prediction for 2019 by Crypto Experts

1. Investing Haven

Investing Haven, a crypto prediction website, has published a positive projection for 2019 Ripple price, expecting the coin to hit a historical maximum of 20 USD, as it has significant potential for growth:

“Ripple’s long-term chart shows a ‘pixel perfect’ rising channel. Our forecast is that Ripple will hit at least once again the top of this channel, maybe even twice, depending on how much of potential they will materialize.”

“If, and that’s a big IF, all assumptions we made will materialize (institutional money flowing primarily to Ripple’s XRP token, Ripple’s tech solutions converging and using XRP, Ripple’s continued growth without chasing revenue to reach network effects) we see Ripple hitting twice the higher side of this channel in the next few years.”

“As a base case forecast, we see one touch to the upper side of Ripple’s long-term rising channel with a price forecast of $20. So we are confident that our Ripple price forecast of $20 for 2019 will be hit, and consider this the base case scenario.”

2. BitDegree

Another optimistic forecast is made by BitDegree, the world’s first blockchain-powered online education platform:

“They’ve made some huge partnerships, they’ve got large global banks testing their tech, and they’re clearly working hard to deliver their promises. My prediction, as I mentioned earlier, is that Ripple will bounce back to its high of 3+ dollars per XRP. BUT, I believe it relies on faith and confidence is restored in the entire crypto market first.”

BitDegree explains their high expectations by emphasizing Ripple’s achievements over recent years, such as developing a cross-border payment format that is being implemented by big corporations around the globe, lowering the time of transaction to 4 seconds and reducing transaction fees to an insignificant 0.00001XRP. These times and fees are far superior to competitors. However, there is a factor that might impede any projected growth:

“Ripple goes against the values of cryptocurrency. They’re meant to be decentralized so that no one company or organization has total control, but Ripple Labs are holding over 50% of the entire Ripple XRP supply. So this can have a negative impact on the Ripple price prediction.”

3. Roman Guelfi-Gibbs

Another positive outlook is given by Roman Guelfi, also called Roman Guelfi-Gibbs, a very reputable crypto expert:

“2019 is all about achieving bigger milestones for Ripple. The market starts observing an influx of projects, other currencies might eventually take a backseat and 2019 is the time when XRP market will sway above all.”

4. CoinSwitch

CoinSwitch, the world’s largest cryptocurrency exchange, and converter has published a more detailed analysis concerning the price of Ripple for the year to come:

“Ripple may open the market with the rate of $ 0.78 and may reach till $1.10 till the middle of 2019. Next year, it may be having independent trading platforms and investment routes like bitcoin and Ethereum, closing the rate to around $1.20 by the end of 2019. It might give tough competitions to other currencies like Litecoin and Dash. XRP has already come up with Codius, which can help the developers write smart contracts and decentralized applications, Xring, which enables people to invest in XRP related startups. Cobalt is something which is expected to be launched in 2019, which is aimed at decreasing the transaction time from 4 seconds to 1 second. XRP even plans on distributing 2 billion tokens to the Indian economy. XRP fans even argue that if XRP would have been enlisted in Coinbase during its peak, it could have overtaken Ethereum.”

5. GlobalCoinReport

GlobalCoinReport predicts Ripple’s price target taking into account its market capitalization:

“Ripple (XRP)is not saturated by 100% (as like many other cryptos). Just imagine where the coin would go if it reaches the 100% saturation. Ripple’s market capitalization sits at around $20 billion currently, in case the currency marks $29 billion for market cap, and then if we divide the coins in circulation that could make it possible for Ripple (XRP)to hit $10-$15 price easily.”

In short, crypto enthusiasts and analysts almost unanimously praise the prospects of Ripple development and predict a growth in price in 2019. Let’s see what they forecast over a longer period. Will ripple go up in the next 5 years?


Ripple Price Prediction for 2020

CoinSwitch sees crypto as a potential rival for securities and predicts quite a bright future for XRP:

“It looks like 2020 will be the year for cryptocurrencies and Ripple is predicted to be one of the leading cryptocurrencies in the world with a high amount of supply. The first quarter will be very volatile as all of the currencies would experience ups and lows. Cryptocurrencies might give a competition to the stock markets and commodity markets in the near future. It is likely that by 2020, Ripple's partners like American Express and Lian Lian Group might be officially linked in order to complete Chinese card payments. By the end of 2020, Ripple would be around $1.40-1.50.”

UsLifed, a crypto prediction website, believes that in 2020 the price of Ripple will go sky-high:

“I expect 2020 a magical year where the crypto market will reach to its all-time high. You believe it or not but we strongly believe that by the end of 2020 XRP will reach to around $22.79 with the supply tokens 38,739,145,924. Hence Ripple will have a lifetime high market capital of $88.28 billion dollars.”


Ripple Price Forecast for the next 5 years

Some experts have pointed to a projected value of $4.52 in 2023. They suggest this growth based on recently-divulged partnership plans with a number of European and Latin American banks and payment systems. That integration would boost development of the underlying XRP and Ripple technology, (and naturally the price of the asset).

According to CryptoGround, Ripple price will grow steadily for the coming five years, as can be seen from the following graph:


XRP price forecast


Any projections of XRP’s future price must consider several factors. Ripple’s integration into payment systems and its partnerships with banks globally, the XRP market cap, development of its technology and the behaviour of investors and market players. Most crypto experts speak positively of Ripple’s development prospects in the coming years, with some even predicting that it will overtake Bitcoin by 2030.

Period XRP Price Forecast
Best Case Scenario Worst Case Scenario
2019 $20 $1.20
2020 $22.79 $1.40
2025 $4.52 $2.10


*Please, bear in mind that this price prediction is based on the data collected from different sources and shall not be considered as an investing parameter. Any user shall do their own research before making a decision to invest. The price predictions featured in the article were gathered from the public domain and are shown here as average statistics.

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