Skip to content

AI sets date when XRP will hit $5

AI sets date when XRP will hit $5
Paul L.

XRP is among the beneficiaries of the current bull run, with the token finally breaking above the $1 mark, sparking interest in how far the rally can go. 

Generally, XRP has rallied in anticipation of cryptocurrency-friendly policies under the incoming administration of Donald Trump, who has expressed support for the digital asset space.

Now, with XRP surging past $1, one key resistance level to watch is the $5 mark.

To assess when XRP might reach this level, Finbold consulted OpenAI’s ChatGPT-4o for insights. The AI platform highlighted several elements likely influencing the token’s path to $5.

Topping the list is regulatory clarity, especially regarding the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC). Notably, as it stands, there is minimal likelihood that XRP will be declared security—a factor that had previously contributed to the token’s compressed price movement.

Other factors ChatGPT highlighted include increased XRP adoption, the continuation of the global crypto bull run, and market speculation. 

To this end, the AI tool noted that XRP could hit $5 within the next 12 to 18 months—by late 2025 or early 2026 if these factors align.

XRP price prediction. Source: ChatGPT-4o

XRP’s possible path to $2

Currently, XRP needs to convincingly surpass the $2 mark, a price target that some analysts believe is achievable based on technical indicators. 

For instance, trading expert CrediBULL Crypto, in a post on X on November 22, noted that XRP’s monthly Relative Strength Index (RSI) is about to enter the overbought territory for the first time in three years, signaling strong bullish momentum.

Contrary to popular belief, the analyst emphasized that a rising RSI indicates increasing strength, not weakness, as long as no bearish divergence is present. 

“Contrary to popular belief, the higher RSI goes the stronger momentum is and the more bullish a coin is (absent bear divs) and like every other form of TA the higher the TF this is on the more significant it is. Next target is $2 and after that we go for new ATH,” he said. 

XRP price analysis chart. Source: TradingView

As reported by Finbold, another analyst, Dark Defender, pointed out that XRP shows potential to reach $5.85, referencing the token’s classic five-wave Elliott Wave pattern.

Besides benefiting from the general market bull run, XRP has seen further upside after it emerged that SEC Gary Gensler plans to exit the regulator in January 2025. 

Gensler’s leadership, particularly in handling the Ripple case, was widely viewed as anti-crypto. 

Replacing him with a more crypto-friendly regulator will likely boost XRP’s fortunes. Indeed, Gensler’s departure is seen as a pivotal move by the Trump administration to appease the cryptocurrency sector.

XRP price analysis 

At press time, XRP was trading at $1.39, reflecting a 24% spike in the last 24 hours. Over the past week, the token has rallied by an impressive 70%.

XRP seven-day price chart. Source: Finbold

XRP appears well-established above the $1 support zone, which remains crucial for the asset to achieve new highs. With the next short-term target at $2, breaking the $1.5 resistance is now the primary challenge.

Featured image via Shutterstock 

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.