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What is the XRP prediction for the next bull market?

 


How has the XRP coin price moved in the last few weeks?

The XRP coin has long moved congruently with the price movements of other cryptocurrencies in the current bear market. The XRP price in the third quarter of 2022 was in a range between 0.30 and 0.40 US dollars. But in mid-September we saw the XRP price increase, while the other coins saw little movement.

The XRP coin surged from $0.38 to $0.53 in mid-September. This was an increase of about 30%. This was the first major increase in the XRP price since January. The reason for the increase was positive news surrounding the legal dispute between Ripple Labs and the American Securities and Exchange Commission .


In the last few days, the XRP price has increased with the increases in the Bitcoin price and other cryptocurrencies. However, this time the increase was lower than for other coins.

What caused the XRP coin to rise?

The increases in the XRP coin in recent weeks have significantly improved the forecast for the end of 2022. The XRP coin rose again to number 6 of the most valuable cryptocurrencies by market capitalization. But what were the reasons for the good performance of the XRP coin?


Litigation SEC, XRP Coin

In mid-September, some positive details emerged from Ripple's legal battle with the SEC. Ripple Labs, which as a company owns the majority of its XRP coins, received access to important documents that relieve the company. Furthermore, the SEC also seems interested in bringing the proceedings to an end. A termination of the legal dispute should result in a massive XRP increase in the future.


What is the XRP prediction in the next bull market?

After the increases in the XRP price in recent weeks, many investors are bullish on the XRP coin in the medium and long term. But what is the XRP forecast for the next bull market?


When is the next bull market?

If we look at cryptocurrency cycles, we see that every bear market is followed by a bull market. This cycle lasts about 4 years and is based on Bitcoin Halving, which takes place about every 4 years. After the next Bitcoin Halving in 2024, we should see a transition back to a bull market. So the next bull market is very likely in 2024 and 2025.

What is the XRP forecast for 2025?

Once we have established that we are in the bull market in 2025, we can look at what the XRP forecast looks like for the next 3 years. In the last bull market, the XRP price could not rise as much as in the previous bull market. In the late 2017 bull market, the XRP coin rose to an all-time high of $3.84. During 2021, the XRP price only rose to a value of $1.62. That was due to the ongoing litigation with the SEC. 


We can divide the forecast into 2 parts:


In the current bear market until the Bitcoin Halving, a rise to $2-3 dollars is quite possible as the litigation with the SEC is very likely to be over by 2024.

In the bull market after the halving, an increase by a factor of 10 is quite realistic.

If we make these two assumptions, we can take an XRP forecast of $20- $30 in 2025, the peak of the next bull market.


Is an investment in the XRP Coin worthwhile?

An investment in the XRP coin could be worthwhile this year if we look at our forecast for the next bull market. The XRP is actually probably one of the undervalued cryptocurrencies on the market and still has a huge potential for price growth. 

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