TL
R;
Itās safe to say that the Trump-induced rally after his decisive win in the 2024 US presidential elections benefited some assets more than others. XRP stood quietly below $0.6 but on the hopes that the SEC lawsuit will finally be resolved during a more favorable administration and better regulations, it skyrocketed within several weeks to almost $3.
However, its run was halted there and Rippleās native cross-border token even slipped below $2 on a couple of occasions. It now stands at around $2.15, which is more than 35% away from its January 7, 2018 all-time high of $3.4.
With just a few days left in 2024, it seems highly unlikely that this record will fall by January 1. But, what are XRPās chances for a new all-time high in 2025? Well, ChatGPTās answer was quite bullish, actually.
In the first part, the AI chatbot indicated that numerous analysts and forecasts envision XRP going to $4.5 in H1 of 2025, driven by āfactors such as increased adoption and favorable regulatory develpoments.ā Furthermore, the AI tool asserted that the asset could shot up to $7 if the aforementioed factors align with better market conditions and investor sentiment.
Nevertheless, it also had a second part to its answer, suggesting that āXRP may underperform in 2025 as investors might shift their focus to newer cryptocurrencies, potentially impacting its growth prospects.ā
ChatGPTās rival also outlined XRPās spectacular price growth at the end of 2024 and highlighted three probable scenarios for the asset for the next year. The conservative one sees XRP stabilizing between its current level and $3. The more optimistic one foresees a price rally to uncharted territory of $4.44 and $5.25.
The more outrageous prediction indicates a run toward $8 by the end of 2025. Such a price tag would put XRPās market capitalization at roughly $500 billion, which would make it the second-largest by that metric if ETHās stays the same.
Perplexity mentioned essentially the same factors that could propel a price rally for XRP, including better regulatory landscape in the US, bullish market sentiment across the entire crytpo fieled, and growing institutional adoption. The last part could be fastlaned if the upcoming SEC administration approves a Ripple ETF, just like it did with BTC and ETH in 2024.
The post ChatGPT Weighs in: Can Ripple (XRP) Finally Hit New All-Time High in 2025? appeared first on CryptoPotato.
R;- XRP went on a wild ride at the end of 2024 but still came short when it was a matter of breaking above $3 and potentially reaching a new all-time high.
- Will that finally change for the asset in 2025? Hereās ChatGPTās answer.
Can XRP Break Above $3.4 in 2025?
Itās safe to say that the Trump-induced rally after his decisive win in the 2024 US presidential elections benefited some assets more than others. XRP stood quietly below $0.6 but on the hopes that the SEC lawsuit will finally be resolved during a more favorable administration and better regulations, it skyrocketed within several weeks to almost $3.
However, its run was halted there and Rippleās native cross-border token even slipped below $2 on a couple of occasions. It now stands at around $2.15, which is more than 35% away from its January 7, 2018 all-time high of $3.4.
With just a few days left in 2024, it seems highly unlikely that this record will fall by January 1. But, what are XRPās chances for a new all-time high in 2025? Well, ChatGPTās answer was quite bullish, actually.
In the first part, the AI chatbot indicated that numerous analysts and forecasts envision XRP going to $4.5 in H1 of 2025, driven by āfactors such as increased adoption and favorable regulatory develpoments.ā Furthermore, the AI tool asserted that the asset could shot up to $7 if the aforementioed factors align with better market conditions and investor sentiment.
Nevertheless, it also had a second part to its answer, suggesting that āXRP may underperform in 2025 as investors might shift their focus to newer cryptocurrencies, potentially impacting its growth prospects.ā
And Perplexity Saysā¦?
ChatGPTās rival also outlined XRPās spectacular price growth at the end of 2024 and highlighted three probable scenarios for the asset for the next year. The conservative one sees XRP stabilizing between its current level and $3. The more optimistic one foresees a price rally to uncharted territory of $4.44 and $5.25.
The more outrageous prediction indicates a run toward $8 by the end of 2025. Such a price tag would put XRPās market capitalization at roughly $500 billion, which would make it the second-largest by that metric if ETHās stays the same.
Perplexity mentioned essentially the same factors that could propel a price rally for XRP, including better regulatory landscape in the US, bullish market sentiment across the entire crytpo fieled, and growing institutional adoption. The last part could be fastlaned if the upcoming SEC administration approves a Ripple ETF, just like it did with BTC and ETH in 2024.
The post ChatGPT Weighs in: Can Ripple (XRP) Finally Hit New All-Time High in 2025? appeared first on CryptoPotato.
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