Chat GPT Predicts XRP Will Break $3 for $5 Range: Many people are closely following XRP in the financial world right now. The price of XRP has been a mix of positive and negative movements. Compared to other similar assets, XRP hasn’t shown a strong potential for a significant price increase yet. The idea of XRP reaching its all-time high again is seen as ambitious.
Currently, the price of XRP is below $1. However, the AI chatbot Chat GPT believes that the coin could reach a price higher than its highest value ever by the end of this quarter.
Chat GPT’s prediction considers the recent price changes of the coin. Currently, XRP has decreased by 1.05% in the last 24 hours, reaching $0.5047. The market value and trading volumes have also declined by 1% and 32.4%, totaling $27,485,842,140 and $605,637,930, respectively.
Chat GPT on XRP Price
The Crypto Basic wanted to know Chat GPT’s opinion on what the price of XRP will be by the end of the first quarter. Initially hesitant, Chat GPT provided three optimistic price scenarios based on the Jailbreak forecast.
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If things don’t look good for XRP, ChatGPT thinks its price will be somewhere from $1 to $3 by the end of March. In a more middle-of-the-road prediction, the price could be between $3 and $5. If things are going really well (bullish), the price might range from $5 to $7.
About eight years ago, the highest price of XRP was $3.84. However, since at least November 2021, it hasn’t gone above $1. Whether it goes back to those levels will depend on how people feel about the market, any new rules, and possible partnerships, as per Chat GPT.
Is the XRP breakout imminent?
Many people who support XRP are worried because the cryptocurrency’s recent drop from its 3-year consolidation cycle has raised concerns about its ability to recover and grow again.
But it’s likely that the coin’s price has stabilized at around $0.49, and we might see an upward trend from this point. In general, the future for XRP looks promising, especially since the ongoing legal battle between Ripple and the SEC is expected to be resolved this year.
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