XRP, one of the prominent players among the top 10 cryptocurrencies has attracted considerable speculation due to significant whale activities. 

This event coincided with recent corrections seen in the crypto market. A whale investor has sold off 25 million XRP which contributed to uncertainty surrounding XRP’s future direction and prompted investor inquiries about its potential price fluctuations in the future. 

As of this writing, XRP’s price stands at $0.5838, with a 24-hour trading volume of $1.69 billion. XRP’s market cap went down by 1.03% amounting to $32.07 billion. In the last 24 hours, XRP has declined by 1.02%.

Looking back to January 2018, XRP has reached its ATH of $3.92. Conversely, its all-time low price was recorded in July 2014 when it traded at $0.002802. Since reaching its ATH, XRP’s lowest price has been at $0.113268, and its highest price during this period was $1.977930. 

At this stage, sentiments towards the XRP price forecast are bearish, with the Fear & Greed index indicating a reading of 71, signifying greed among market participants. 

Despite slowing down, the XRP price still stands at strong support which is near $0.58, and the triangle’s lower boundary, suggesting buying interest at these levels. In the event of a positive turnaround, XRP could surpass the prior resistance level at $0.65, targeting $0.75 and potentially even reaching $1 with a surge in bullish momentum. 

However, if the XRP price continues to decline, its price might drop below $0.57, targeting the $0.55 support zone. Any further decline to $0.50 is possible with prolonged bearish trends. 

Coingabbar’s analysis shows that the XRP price for 2030 is forecasted to reach $10 and could potentially hit $500 in $2050.