Ripple (XRP) has had a tumultuous year in 2023, with prices almost reaching $1 but never quite hitting it. Now that 2024 has arrived, the bulls are signaling a return, and experts are making XRP price predictions for the next few years. The fundamentals, technical analysis, short-term price levels and other elements will be analyzed to determine Ripple’s potential trajectory until 2030 and beyond.

2024 started off rocky for XRP, with Ripple unlocking one billion XRP tokens and moving 80 billion of this 20% to an unknown wallet. This led to speculation about a market-wide sell-off. In addition, a notable XRP whale offloaded nearly 26 million XRP tokens, which could suggest a bearish trend in the short term.

XRP also attracted some negative attention when external hackers attempted to exploit the Partial Payments feature associated with XRP Ledger.

XRP’s trading volume has steadily increased since Jan. 18, 2024, and its 90-day trading volume is similar to the one before the peak XRP made in July 2023. However, the 90-day active address count has dropped, which could suggest a sudden surge is not on the horizon.

As of March 25, Ripple (XRP) is trading at $0.6398, with a 30-day price increase of 14.2% and a market cap that has grown to $33.96 billion, indicating a solid upward trend in value. However, there’s been a substantial decrease in core developer activity, with a 71% reduction over the same period, in contrast to the financial growth indicators.

The weekly chart of XRP resembles a foldback pattern, with the left side being a rough mirror image of the right. The idea now is to find the distance between every high-to-low and low-to-high to get hold of the expected average percentages.

The Relative Strength Index (RSI), a technical analysis tool that measures the speed and change of price movements and identifies whether the asset is oversold or overbought, makes lower highs and lower lows, hinting at a weakening momentum. The price action seems bearish, backed by the opposing sentiments surrounding possible token sell-offs.

If the dip continues, the key support levels could be at $0.547 and $0.504. But then, to gain some bullish momentum, XRP will have to breach past the $0.668 mark, which could be the immediate resistance. Even the RSI will have to cross 50 for that to happen.

The XRP price prediction for 2024 is bullish, with a target of as high as $2. However, considering the bearish sentiments and no ETF in sight, the level could go as high as the lowest estimate of 178.78%. The high could appear anytime between 230 and 294 days (the time taken for the left side RSI surge). Therefore, the more conservative XRP price prediction high for 2024 is $1.17, preferably by June. Also, as the projected low is 76.16%, we can expect the next low or B2 to be at $0.28. The projected ROI from the current level is 108%.

The XRP price prediction for 2025 is very bullish. Provided B2 or the XRP price prediction low holds for 2024, we can extrapolate the next high in 230 days by 407.22%. This price percentage might not be too wishful if, by the end of 2024, an XRP ETF launches or the $1 price level is breached. Therefore, the XRP price prediction for 2025 could be at $1.42. Note that this is a conservative estimate, and the final price will depend on the low charted by XRP in 2024. If XRP respects the crucial support level of $0.504, per the short-term analysis, the 2025 high could be $2.57. Provided XRP moves to the bull market phase by 2025, the low in 2025 could either be at $1.17, the high of 2024, or $0.94, the previous high made in 2023. The projected ROI from the current level is 356% max.