2024

Bitcoin

Opus

<div class="finbold">
 <p class="paragraph">XRP strongly retraced last week’s gains following Ripple’s second sell-off in March for a total of 240 million tokens sold. Thus, Finbold turned to Claude 3 Opus, looking for insights on the <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of XRP and what to expect next.</p>
 <p class="paragraph">Interestingly, Anthropic recently unveiled Claude 3 Opus, its new artificial intelligence (AI) model deemed a superior tool to OpenAi’s ChatGPT-4. This AI has previously engaged in a price prediction for Bitcoin (BTC).</p>
 <h2 class="wp-block-heading" id="h-xrp-price-analysis">XRP price analysis</h2>
 <p class="paragraph">In the meantime, XRP is positioned among the top 10 cryptocurrencies in the market, focused on providing crypto payment solutions.</p>
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 <p class="paragraph">The token has seen steady growth since mid-June 2022 lows of $0.291, trading in a notable uptrend since then. As of writing, XRP is <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>d at $0.62, inside of a trading range observed in the weekly chart. During this time, Ripple’s token went as high as $0.927 and now struggles to break out of this zone.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="661" src="https://cdn.thebittimes.com/images/2024/03/17/081f5c2deaa69c715108fcb9d2f74a80.webp" alt class="wp-image-161634" srcset="https://cdn.thebittimes.com/images/2024/03/17/081f5c2deaa69c715108fcb9d2f74a80.webp 1024w, https://cdn.thebittimes.com/images/2024/03/17/081f5c2deaa69c715108fcb9d2f74a80.webp 300w, https://cdn.thebittimes.com/images/2024/03/17/081f5c2deaa69c715108fcb9d2f74a80.webp 768w, https://cdn.thebittimes.com/images/2024/03/17/081f5c2deaa69c715108fcb9d2f74a80.webp 1536w, https://cdn.thebittimes.com/images/2024/03/17/081f5c2deaa69c715108fcb9d2f74a80.webp 1875w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   XRP/USD weekly price chart. Source: <em>TradingView</em> (Finbold)
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="claude-opus-forecasts-for-the-xrp-tokens-price">Claude Opus forecasts for the XRP token’s price</h2>
 <p class="paragraph">In this context, Claude 3 Opus provided three hypothetical forecasts for XRP for the end of 2024.</p>
 <p class="paragraph">First, Claude’s AI predicts $0.80 to $1.20 as the most likely price range for XRP. This is considering the current market sentiment and a potential increased adoption for the token.</p>
 <p class="paragraph">However, a bull run could drive <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>s even further, for a maximum of $1.50, according to Claude Opus. On the other hand, a sequence of negative events or a market downturn would do the opposite. Therefore, driving the XRP <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> to a minimum of $0.5.</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“These predictions are based on the assumption that the cryptocurrency market will continue to grow and mature throughout 2024. XRP’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> will likely be influenced by factors such as the overall market sentiment, adoption by financial institutions, regulatory developments, and the success of Ripple’s partnerships and projects.”</p>
 </blockquote>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="440" src="https://cdn.thebittimes.com/images/2024/03/17/f8fb793fb7aef2b0c9f4d30ded2f1c95.webp" alt class="wp-image-161635" srcset="https://cdn.thebittimes.com/images/2024/03/17/f8fb793fb7aef2b0c9f4d30ded2f1c95.webp 1024w, https://cdn.thebittimes.com/images/2024/03/17/f8fb793fb7aef2b0c9f4d30ded2f1c95.webp 300w, https://cdn.thebittimes.com/images/2024/03/17/f8fb793fb7aef2b0c9f4d30ded2f1c95.webp 768w, https://cdn.thebittimes.com/images/2024/03/17/f8fb793fb7aef2b0c9f4d30ded2f1c95.webp 1536w, https://cdn.thebittimes.com/images/2024/03/17/f8fb793fb7aef2b0c9f4d30ded2f1c95.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Claude 3 Opus AI output. Source: <em>NanoGPT</em> (Finbold)
  </figcaption>
 </figure>
 <p class="paragraph">In conclusion, XRP depends on multiple factors to meet the above <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> expectations and things can change quickly. Nevertheless, Ripple’s token has a likely rally of 30% to nearly 100% until the end of 2024, according to Claude Opus AI.</p>
 <p class="paragraph">A run to the most bullish scenario would result in over 141% gains, while a crash to the most bearish prediction would result in losses of nearly 20%. Thus, traders and investors must be careful and understand the risk-reward ratio of XRP moving forward.</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/claude-opus-ai-predicts-xrp-price-for-the-end-of-2024-tbt82727.html">https://thebittimes.com/claude-opus-ai-predicts-xrp-price-for-the-end-of-2024-tbt82727.html</a></p>

Claude Opus AI predicts XRP price for the end of 2024

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