It often appears in the news. Different predictions about the future price of XRP. The predictions often differ greatly, but Elon Musk’s AI now seems quite realistic. Moreover, the predictions are bullish, but there is one High at all times New?
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Grok Eye
First of all, it is useful to know that Grok AI was used for prediction. This is a product developed by xAI. As you may have guessed, Elon Musk is the founder of xAI.
Grok AI is an advanced system designed to automate and improve human tasks. You can think of many things, such as administrative tasks or reading reports. Moreover, the AI ​​model can be used in many different sectors, such as healthcare.
AI Model Predicts Bullish Outlook
Grok Ai expects a significant price increase this year. ripple (XRP). The model presents arguments by looking at different predictions from experts and analysts. The AI ​​emphasizes that certainty is never guaranteed in a world of Cryptocurrencies.
This would be a potential increase of 221%, which would mean a significant increase in XRP. The model predicts a price of up to $2. Moreover, there are a number of reasons why the price could rise significantly and possibly reach the price of the AI ​​model.
Reasons for possible price increases
The first possible reason is one analysis By Coin Signal on X. A symmetrical triangle pattern is shown on the monthly chart of XRP. This pattern would be similar between 2014 and 2017, resulting in a 70,000 percent increase.
#XRPMonthly chart of Saed 🚀
Realistic goal for this course: $2 – $4.
Purchase price: $0.53 pic.twitter.com/UEQEAkZn8q
— Coin Signals (@CoinSignals_) July 28, 2024
The current pattern points to a potential new all-time high for XRP. Coin Signal also suggests that the price could rise to $2 or even $4.
The second reason is the protracted litigation that could determine future price increases. Many investors agree that the litigation must end at some point, and that end appears to be in sight.Speculation points to a positive statement for Ripple, which could also be positive for the price. ChatGTP, another AI model, predicts a price of $3 to $5 if Ripple wins the lawsuit. There has been a lot of news in the past few weeks. And a Possible settlement With the US Security and Exchange Commission (SEC).
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