Ethereum

2024

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 <p class="paragraph">The crypto markets have given much cause for excitement to investors and traders throughout 2024. The year has featured significant rallies for many of the major cryptocurrencies, the approvals of both Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs), and the BTC halving event in April.</p>
 <p class="paragraph">One token that has remained largely absent from the bull run and is yet also generating substantial optimism – in no small part due to the recent developments in the long-standing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) – has been XRP.</p>
 <p class="paragraph">With the current trends and developments – both pertaining to XRP and the broader crypto market – in mind, Finbold decided to examine how they are reflected in the price predictions of the many platforms that leverage artificial intelligence (AI) technology to – along with other uses – assess the likely future prices of assets.</p>
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    </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"> 
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 <h2 class="wp-block-heading" id="h-ai-<a rel=" dofollow title="revises" href="https://thebittimes.com/tag/revises.html" rel="noopener noreferrer nofollow">revises-xrp-<a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>-forecasts"&gt;AI <a rel="noopener noreferrer nofollow" title="revises" href="https://thebittimes.com/tag/revises.html">revises</a> XRP <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> forecasts</h2>
 <p class="paragraph">One platform that relies on XRP’s previous <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> movements, chart patterns, and other relevant developments on the token’s path estimates that its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> will stand at $0.881514 at the tail end of the year. The algorithm also forecasts substantial volatility for XRP and considers it likely that there will be a spike to and a peak at $1.44 in November.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/EF70dwlyCR6xRGxjWrnAhK8GwNu_tpzQIRFV6GPz3bLPivVresGQQlCfiYrCzWYiBoQtc1S_NIHV7hXK76lbeO11YxZUcWFBYNx9ooKt1OaOHpKY_uNxNWgHt1gqKZ9aQYilmtyKdNmUixd0i29t3KM" alt="">
 </figure>
 <p class="paragraph">Meanwhile, the latest model of OpenAI’s flagship AI platform – ChatGPT-4o – considers it highly likely that XRP will stand at $1 on December 31. ChatGPT stated that the forecast takes into account the possibility of a favorable legal resolution, the overall market sentiment, and the high likelihood of continued technological advancement.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/t35CmoUr1mv9ngZKZTGpAOXCKvL4O8Locjoq3KLkdkQgSKe5iNRO2tlBXc2l0b9ruy37z8ZHVrBO1yFZPFVjavy3jpYwMVYtfKPsNKB3IUstlWO0JmdnBK7Jv8M2lWK0TDUfckemM2Y4VyGNZin8ppM" alt="">
 </figure>
 <p class="paragraph">Finally, Google’s (NASDAQ: GOOGL) Gemini – once known as Bard – is significantly less bullish. Unlike ChatGPT, Gemini pointed out that the legal battle between Ripple and the SEC remains a major hurdle but also acknowledged XRP’s overall resilience and potential. The AI ultimately decided that the most likely <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> for the token at the end of 2024 is $0.58.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/lxqIkvhaXBcNUI6Md-u1gJGHia_Z46i6Uc2OeJlXto-soNHbDrBfX3olmi9YoIZd3Z-e_FVDY5tPp-B1Q67wTW-TxQGy_nQW0bqyKml0Mt3_ev3til17__gukFPXYJJLUnt7HoCAFYc3vPRWrYpotq4" alt="">
 </figure>
 <h2 class="wp-block-heading" id="h-xrp-price-chart">XRP price chart</h2>
 <p class="paragraph">Should any of the AI forecasts come true, they would constitute a significant upside for the token given that XRP <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> today stands at $0.53 after a 13.43% decline since the start of the year.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/S-XYZmd-S1NeH2z7nLqe5G-UIDrzX1ybV3XMtRAWe0DAyTP0w2FasKcaymphovDQ-Uh4aI2M-WMkxWF8aOhBOGaX77UvLSwGdiwGLiLKjo_vLHc-dp-vWeQ17D3BYnfEszckEoYcs2Rw9OnFLUhne34" alt="">
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 <p class="paragraph">Indeed, XRP’s legal issues are well-reflected in its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> chart, given that it is one of the few major cryptocurrencies to have declined since the beginning of 2024.&nbsp;</p>
 <p class="paragraph">Additionally, the 12-month chart reveals the long-standing depressing effect SEC’s pressure has been having, given that despite multiple sharp yet brief rallies, the token is a mere 1.66% above the <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> it was at 52 weeks ago.</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>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ai-revises-xrp-price-prediction-for-end-of-2024-tbt90380.html">https://thebittimes.com/ai-revises-xrp-price-prediction-for-end-of-2024-tbt90380.html</a></p>

AI revises XRP price prediction for end of 2024

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