With XRP price trapped in a consolidation around $1.40 since early February, Finbold AI Agent – an advanced financial assistance tool – has made a bold prediction for this token.
The Finbold AI Agent predicted a bearish near-term outlook for XRP price. On May 8, Finbold AI forecast a 1.68% decline for this token over the next seven days, to $1.37.
XRP price prediction for 7 days. Source: Finbold
The Finbold AI Agent leveraged several Large Language Models (LLMs) – including Claude Opus 4.6, DeepSeek Chat, and Grok 4.1 – to generate this XRP price prediction. Additionally, this AI tool used several technical indicators, including Moving Average Convergence Divergence (MACD), the Relative Strength Index (RSI), and the 50- and 200-day Simple Moving Averages (SMA).
Why is AI bearish on XRP price in the near term?
The Finbold AI could be predicting a near-term price correction in XRP due to reduced demand for the token. Amid the notable decline in altcoin adoption, as Finbold reported, on-chain data analysis shows investors have been offloading for months.
Precisely, XRP holdings at the top two crypto exchanges have increased since mid-February 2025. Over the past 24 hours, Upbit and Binance holdings surged by 82,142 tokens and 1,952,177 units, respectively, based on updates from X user @Chachakobe4er.
Technical outlook for this token’s price
Since XRP price lost its 2025 support level above $1.80 earlier this year, it has been trapped in a consolidation, characterized by a symmetrical triangle that has been forming since early February 2026. Over the past few days, the token has approached the apex of the symmetrical triangle, thereby signaling an imminent breakout, potentially in one week.
As such, a consistent close below this symmetrical triangle could signal a bearish outlook, aligning with the Finbold AI XRP price prediction. However, a sustained close above the resistance trend of this XRP’s symmetrical triangle could invalidate the midterm bearish sentiment, making $1.50 a likely target.
