The popular altcoin XRP is striving to maintain its upward momentum following news that the U.S. Securities and Exchange Commission (SEC) has concluded its case against Ripple
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As XRP attempts to break above the $2.50 threshold, its price movements continue to be influenced by Bitcoin (BTC) performance and the overall state of the cryptocurrency market. Predictions from renowned artificial intelligence models suggest various price ranges for XRP in the short term, with most forecasting a movement between $2.40 and $2.65.
What Price Predictions Do AI Models Hold for XRP?
OpenAI’s ChatGPT-4o model indicates that if XRP maintains its current momentum, it could trade between $2.45 and $2.65 by April 1, 2025. Moreover, if market conditions remain optimistic, the price may escalate to a range of $2.60 to $2.80. Conversely, in the event of negative market shifts, XRP’s price could fall to between $2.20 and $2.35.
DeepSeek AI offers a broader assessment by presenting three scenarios based on macroeconomic factors and Ripple’s legal status. In its most favorable scenario, it suggests XRP could rise to between $3.50 and $5.00, while, without significant market changes, the price may remain around $2.40 to $2.60. If negative developments occur, it emphasizes that XRP could drop to a range of $1.50 to $2.00.
Key Levels for XRP Coin According to Technical Analysis
Technical analyst Dark Defender notes that XRP is at a critical juncture. Currently priced at $2.39, XRP aligns with the 50-day simple moving average (SMA) of $2.40. According to Elliott Wave Theory, the altcoin, moving within the 4th Wave, has the potential to initiate a strong upward movement from a support level at $2.22, possibly pushing the price back above $2.50.
XRP Long/Short Ratio
Additionally, it has been reported that 72.28% of XRP investors on the Binance Futures market hold long positions, indicating a strong expectation of price increases. However, the high percentage of long positions might render the price vulnerable to unexpected declines.