2024

Dark

<div class="finbold">
 <p class="paragraph">Although the larger part of the cryptocurrency sector has started to slow down its gains, the bullish sentiment is still overwhelming, and many crypto traders and investors are wondering about the future <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> performance of XRP, specifically by the end of this year.</p>
 <p class="paragraph">In this context, Finbold has taken advantage of the recent advances in the field of artificial intelligence (AI) and machine learning, deploying several most popular platforms with the goal of finding the general ranges in the XRP 2024 price prediction.</p>
 <h2 class="wp-block-heading" id="h-ai-xrp-2024-price-prediction">AI XRP 2024 price prediction</h2>
 <p class="paragraph">So, how high will XRP go in 2024 in the eyes of AI? According to some <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> forecasting algorithms, the XRP token will continue to increase its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> throughout this year and towards its conclusion, possibly hitting $0.770305 by December 31, 2024, as per data on March 14.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Cryptocurrencies <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>d in cents set to reach $1 in April&nbsp; <span class="self-center text-xs text-slate-500">1 hour ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Brace for strong Solana correction; Here’s why <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Robert Kiyosaki’s new bubble warning: Boomer generation is about to get nailed <span class="self-center text-xs text-slate-500">5 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Revealed: How many times Bitcoin declared dead in 2024 <span class="self-center text-xs text-slate-500">19 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <figure class="wp-block-image"><img decoding="async" width="1443" height="487" src="https://cdn.thebittimes.com/images/2024/03/14/2af546f0334846ca7802cb0e915f3e47.webp" alt="XRP 1-year price prediction. " class="wp-image-161169" srcset="https://cdn.thebittimes.com/images/2024/03/14/2af546f0334846ca7802cb0e915f3e47.webp 1443w, https://cdn.thebittimes.com/images/2024/03/14/2af546f0334846ca7802cb0e915f3e47.webp 300w, https://cdn.thebittimes.com/images/2024/03/14/2af546f0334846ca7802cb0e915f3e47.webp 1024w, https://cdn.thebittimes.com/images/2024/03/14/2af546f0334846ca7802cb0e915f3e47.webp 768w" sizes="(max-width: 1443px) 100vw, 1443px">
  <figcaption class="wp-element-caption"><em>XRP 1-year <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> <a rel="noopener noreferrer nofollow" title="predict" href="https://thebittimes.com/tag/predict.html">predict</a>ion. Source: CoinCodex</em>
  </figcaption>
 </figure>
 <p class="paragraph">In other words, XRP could grow its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> by 13.85% by that time, compared to its current value at the time of publication – provided that the forecasts, relying on its historical <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> trends, technical <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> (TA) indicators, and various chart patterns, indeed, come true.</p>
 <p class="paragraph">Meanwhile, the fourth model of the OpenAI revolutionary product ChatGPT, called GPT-4, has offered a possible price target for XRP by the end of 2024 that falls somewhere in the area of $1, based on the multidimensional analysis. Specifically, according to GPT-4:&nbsp;</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“While it’s challenging to pinpoint an exact price without specific end-of-2024 predictions from the citations, a conservative yet optimistic analysis might suggest the potential for XRP to approach or exceed the $1 mark by the end of 2024, assuming continued positive development and market sentiment.”</p>
 </blockquote>
 <p class="paragraph">Furthermore, Claude 3 Opus, the latest AI model by Anthropic, predicts the price of XRP to reach a range of $0.80 to $1.20 by the end of 2024, taking “into account the expected price drop in August 2024 and the overall long-term bullish outlook,” as the chatbot observed.</p>
 <h2 class="wp-block-heading" id="h-xrp-price-prediction-after-lawsuit">XRP price prediction after lawsuit</h2>
 <p class="paragraph">It is also worth mentioning that the crypto community is still waiting for the final outcome of the legal battle between the United States Securities and Exchange Commission (SEC) and blockchain company Ripple over selling XRP, which the regulator argues is a security.</p>
 <p class="paragraph">And while Judge Analisa Torres ruled in July 2023 that retail sales of XRP did not constitute securities sales, the judgment regarding the damages that Ripple will have to pay over its institutional trades is still pending, and XRP could react in accordance with the result, although specific figures are elusive.</p>
 <h2 class="wp-block-heading" id="h-xrp-price-analysis">XRP price analysis</h2>
 <p class="paragraph">As for its price so far in 2024, XRP has advanced by nearly 9%, and most of these gains occurred in the last month, during which it has climbed by 29.29%, as well as growing 9.51% across the previous week, but consolidating in the past 24 hours during which it has declined by 0.67%, currently trading at $0.6766.&nbsp;</p>
 <figure class="wp-block-image"><img decoding="async" width="928" height="495" src="https://cdn.thebittimes.com/images/2024/03/14/604174fde79abab41e365e0c621979d6.webp" alt="XRP 30-day price chart. S" class="wp-image-161167" srcset="https://cdn.thebittimes.com/images/2024/03/14/604174fde79abab41e365e0c621979d6.webp 928w, https://cdn.thebittimes.com/images/2024/03/14/604174fde79abab41e365e0c621979d6.webp 300w, https://cdn.thebittimes.com/images/2024/03/14/604174fde79abab41e365e0c621979d6.webp 768w" sizes="(max-width: 928px) 100vw, 928px">
  <figcaption class="wp-element-caption"><em>XRP 30-day price chart. Source: </em><em>CoinMarketCap</em>
  </figcaption>
 </figure>
 <p class="paragraph">It is also worth mentioning that pseudonymous crypto analyst <em>Dark Defender</em> has recently observed XRP’s breakout above critical resistance, suggesting that “April will be hot,” and that the token could rally to $1.88 and even $5.85 during the next month, as Finbold reported.</p>
 <figure class="wp-block-image"><img loading="lazy" decoding="async" width="900" height="506" src="https://cdn.thebittimes.com/images/2024/03/14/9d0ce7b90494007963d2ed4690f3d8f2.webp" alt="XRP price action analysis." class="wp-image-161166" srcset="https://cdn.thebittimes.com/images/2024/03/14/9d0ce7b90494007963d2ed4690f3d8f2.webp 900w, https://cdn.thebittimes.com/images/2024/03/14/9d0ce7b90494007963d2ed4690f3d8f2.webp 300w, https://cdn.thebittimes.com/images/2024/03/14/9d0ce7b90494007963d2ed4690f3d8f2.webp 768w" sizes="(max-width: 900px) 100vw, 900px">
  <figcaption class="wp-element-caption"><em>XRP price action analysis. Source: </em><em>Dark Defender</em>
  </figcaption>
 </figure>
 <p class="paragraph">Ultimately, XRP could truly reach any of the price goals set by the above AI platforms, but the actual figures are difficult to predict and will depend on the asset’s further strength and relevant developments, so doing one’s own research before investing is critical.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ai-predicts-xrp-price-for-end-of-2024-tbt82534.html">https://thebittimes.com/ai-predicts-xrp-price-for-end-of-2024-tbt82534.html</a></p>

AI predicts XRP price for end of 2024

Table of Contents

TheBitTimes

Other articles published on Mar 14, 2024

Nigerian Authorities Extend Detention of Binance Executives

Identity verification startup, Youverify raises $2.5m pre-series A

Ether.fi Unveils Game-Changing DeFi Roadmap: Introducing Liquid and Cash

Unstructured Data Firm Raises $40 Million to Transform AI Data Processing

Promising Digital Crypto Banking Tools Provider, Vault, Plans for $180M Revenue by 2025

Ride-hailing platform, inDrive raises $150m from General Catalyst to fuel growth and innovation

Join our free newsletter for daily crypto updates!