XRP Price Prediction: Motley Fool Sees Sub-$1 by 2029

Motley Fool predicts XRP below $1 by 2029 due to SEC appeals and MiCA rules. As of October 10, 2024, XRP trades at $1.43, up 0.9% with $87.9B market cap, per CoinMarketCap. Crypto Fear & Greed Index stands at 29, per CoinGecko, signaling fear.

Bitcoin leads at $76,240, up 1.9% with $1.525T cap. Ethereum follows at $2,332.51, up 1.7% and $281.4B cap. XRP ranks above BNB's $630.39 ($85B cap).

XRP Market Snapshot

XRP at $1.43 tops Solana's $85.84 ($49.4B cap) but trails USDT's $187.3B. Volume hits $3.2B daily despite selloffs, per CoinMarketCap. Whale buys slow versus Bitcoin inflows, per Glassnode.

XRP Ledger handles 1,500 TPS, but DeFi TVL lags Solana's $5.2B, per DefiLlama.

• Asset: BTC · Price (USD): 76,240 · 24h Change: +1.9% · Market Cap: $1,525.6B
• Asset: ETH · Price (USD): 2,332.51 · 24h Change: +1.7% · Market Cap: $281.4B
• Asset: XRP · Price (USD): 1.43 · 24h Change: +0.9% · Market Cap: $87.9B
• Asset: BNB · Price (USD): 630.39 · 24h Change: +1.4% · Market Cap: $85.0B
• Asset: SOL · Price (USD): 85.84 · 24h Change: +0.8% · Market Cap: $49.4B

CoinMarketCap data on October 10 shows XRP mid-pack in BTC rally.

Regulatory Risks Fuel Bearish XRP Price Prediction

Ripple fights SEC appeals after Judge Analisa Torres' July 2023 ruling that secondary XRP sales aren't securities, per SEC LR-25744. Institutional sales draw $125M penalty.

MiCA starts January 2026 with custody rules, per ESMA. Binance warns of delistings like 2020.

Motley Fool's Selena Maranjian cited these in her October 2024 analysis for sub-$1 XRP.

Competition Challenges XRP

Solana's DeFi and memes drive $49.4B cap. BNB draws on Binance's 250M users for $85B. USDC at $78.2B, per Circle, cuts XRP remittances.

XRP ATH $3.84 in January 2018, per CoinMarketCap, fell to $0.11 in March 2020. Fear & Greed 29 matches 2022 lows. RSI at 42 shows neutral momentum, per TradingView.

Bull Case for XRP Price Prediction

SEC win boosts RippleNet's 300+ institutions. XRP ETF could follow ETH approvals, per Bloomberg's Eric Balchunas. 100B supply with 40B escrow aids stability. Finder panel sees $3 in altseason.

Bear Case Matches Motley Fool

MiCA or SEC drops XRP to $0.80. Solana, BNB take payments. BTC ETFs hold $50B AUM, per Bitwise. Centralized validators deter DeFi, per Messari.

Bitcoin pullback from $76,240 hits alts.

Key XRP Catalysts

Fed cuts 50 basis points by December 2024, per CME FedWatch Tool, lift risk assets. Ripple pilots CBDCs with 20 central banks.

XRP tests $1.35 support. Hold above $1 targets $1.60 break; failure risks $1.10.