🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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When Will XRP Break the All-Time High of 3.40 USD?
Ripple's XRP token has surpassed the $1.6 mark over the weekend and is currently trading at $1.51. It has increased by nearly 4.2% in daily trading and attracted strong bullish sentiment on the chart. Another breakthrough from here could push its price above $1.70, reaching a new high for the year. This alternative currency took over three years to reach $1 after slipping off the charts in November 2021. Now XRP is attracting optimistic sentiment, can it break the all-time high of $3.40 during the ongoing price surge? The leading alternative coin reached its ATH of $3.40 in January 2018 and took nearly seven years to reclaim the lost glory. In this article, we will highlight the temporary timeframe when XRP could break the all-time high of $3.40. When will XRP break the all-time high of $3.40? The CoinCodex cryptocurrency price prediction and data analysis platform has painted an optimistic picture for Ripple's native token XRP. According to forecasts, XRP will surpass the $3.40 mark, and this milestone will be achieved in the long term. The latest price prediction indicates that XRP will surpass its all-time high (ATH) in April 2029. That is five years from today and is considered a long-term investment.
The estimated average trading price of XRP in 2029 is projected to be around $3.90. It could also reach a new ATH of $5.10 in the same year. This represents a potential return on investment (ROI) of about 243% from the current price of $1.51. Therefore, a $1,000 investment could potentially turn into $3,430 if the prediction is accurate. "The forecast for 2029 shows that XRP will experience significant growth, with an expected range of fluctuation from $1.425315 to $5.10. Investors can expect a potential ROI of 243.48%, in line with price prospects for the year," according to the prediction.