<a href="https://finbold.com/cryptocurrency/xrp/" rel="noopener noreferrer nofollow">XRP</a> remains one of the most closely watched <a href="https://finbold.com/cryptocurrencies" rel="noopener noreferrer nofollow">cryptocurrencies</a> in the market as investors monitor the ongoing legal dispute between Ripple and the United States Securities and Exchange Commission (<a href="https://finbold.com/topic/sec/" rel="noopener noreferrer nofollow">SEC</a>).While XRP has generally followed the overall <a href="https://finbold.com/guides/cryptocurrency/" rel="noopener noreferrer nofollow">cryptocurrency</a> market trends, the legal case has put it in a unique position, and investors are interested in how the outcome will affect the asset. The case is projected to conclude this year, making it particularly intriguing to observe XRP’s reaction.<h2 id="header-0">XRP price 2023</h2>Meanwhile, CoinCodex, a crypto tracking platform that <a href="https://coincodex.com/crypto/bitcoin/price-prediction/" rel="noopener noreferrer nofollow">employs a self-learning machine algorithm</a>, values XRP at $0.58 on December 31, 2023, indicating a 20% increase from the price of $0.48 on July 2.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/44a2990028134e85801b0b99c6f6be8c.png" />XRP 6-month price prediction. Source: CoinCodex<h2 id="header-1">XRP price 2024 – 2025</h2>Additionally, the self-learning machine algorithm tool also compared XRP against other important technological innovations and trends. The comparison is one way of predicting where XRP’s value could head over the long term.In this line, the platform offered potential price growth scenarios for<a href="https://finbold.com/guide/how-to-buy-xrp/" rel="noopener noreferrer nofollow"> XRP</a> based on the trajectories of the internet, mobile technologies, and large tech companies such as Google (NASDAQ: <a href="https://finbold.com/guide/how-to-buy-google-stock/" rel="noopener noreferrer nofollow">GOOGL</a>) and Facebook (NASDAQ: <a href="https://finbold.com/stock/meta-stock-fb/" rel="noopener noreferrer nofollow">META</a>).<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/a95c1bc7a6eb4844a1aa684fb2897e82.png" />XRP price prediction for 2024 and 2025. Source: CoinCodexIf XRP follows the trajectory of the internet, it could trade at $0.62 in 2024 and potentially reach $0.80 by 2025, up 66% from the current valuation. If it mimics the growth of Google, it could be valued at $0.91 in 2024 and potentially hit $1.42 in 2025, a growth of almost 200%.Alternatively, if XRP mirrors the trajectory of Meta, it could potentially reach $1.83 by 2024 and $4.08 by 2025. Finally, for mobile growth, XRP could be valued at $0.61 by 2024 and $0.78 by 2025 if it took a similar path.<h2 id="header-2">XRP price drivers</h2>Indeed, the outcome of the SEC case remains a significant driver for the value of XRP. Analysts have argued that a favorable ruling for the <a href="https://finbold.com/topic/blockchain/" rel="noopener noreferrer nofollow">blockchain</a> firm could act as a <a href="https://finbold.com/guide/bull-market-definition/" rel="noopener noreferrer nofollow">bullish</a> indicator for the token, while an unfavorable outcome could have the opposite effect.An example of this can be seen in the recovery of XRP after the release of the <a href="https://finbold.com/ripples-top-lawyer-decodes-hinman-files-what-went-on-behind-the-scenes/" rel="noopener noreferrer nofollow">Hinman documents</a>, as the increasing uncertainty surrounding how these papers could aid the payment giant in its lawsuit against the SEC weighed on the asset.Apart from the legal challenges in the US, Ripple is relying on key partnerships related to its payment <a href="https://finbold.com/guides/technology/" rel="noopener noreferrer nofollow">technology</a> as a factor that could drive the valuation of XRP. For instance, CEO Brad Garlinghouse has mentioned that the company is experiencing interest from other parts of the world, with recent <a href="https://finbold.com/ceo-of-ripple-says-it-is-expanding-in-dubai/" rel="noopener noreferrer nofollow">announcements</a> of its expansion into Dubai.Despite the legal obstacles, XRP has <a href="https://finbold.com/xrp-defies-sec-headwinds-emerging-as-q2s-third-most-traded-crypto/" rel="noopener noreferrer nofollow">emerged</a> as the third most-traded cryptocurrency in terms of trading volume and market depth in Q2 2023, trailing behind Bitcoin (<a href="https://finbold.com/cryptocurrency/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>) and Ethereum (<a href="https://finbold.com/cryptocurrency/ethereum/" rel="noopener noreferrer nofollow">ETH</a>).<h2 id="header-3">XRP price analysis</h2>In recent weeks, XRP has faced overwhelming bearish sentiment as the cryptocurrency has struggled to regain the $0.50 <a href="https://finbold.com/guide/support-and-resistance/" rel="noopener noreferrer nofollow">resistance</a> level. At the time of writing, XRP is trading at $0.48, experiencing a modest daily gain of approximately 2%. However, on the weekly chart, XRP has witnessed a decline of nearly 3%.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e4ffd2dbd24c49f3903172176ecdba9b.png" />XRP seven-day price chart. Source: FinboldAccording to<a href="https://finbold.com/guide/technical-analysis/" rel="noopener noreferrer nofollow"> technical analysis</a> data obtained from TradingView, the one-day indicators present a neutral outlook with a rating of 10. The <a href="https://finbold.com/guide/moving-average/#:~:text&#61;Moving%20average%20definition,instrument%20over%20a%20specified%20period." rel="noopener noreferrer nofollow">moving averages</a> and <a href="https://finbold.com/guide/stochastic-oscillator-definition/" rel="noopener noreferrer nofollow">oscillators</a> also align with this neutral sentiment, scoring 1 and 9, respectively.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/baaf435bb73e4475b94b6c4f4e76b248.jpg" />XRP technical analysis. Source: TradingViewIn general, XRP’s growth will also likely mirror the overall market movement away from the legal dispute.Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.Read more cryptocurrency news on <a href="https://finbold.com/category/cryptocurrency-news/?utm_source&#61;CMC&amp;utm_medium&#61;social&amp;utm_campaign&#61;CMC&amp;utm_content&#61;long" rel="noopener noreferrer nofollow">Finbold.com</a>.

XRP price prediction for 2023, 2024, and 2025

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