The post Ripple Price Prediction: XRP Price To Hit ATH in 2024 If This Happens appeared first on Coinpedia Fintech News
Google’s AI resource, Bard, has made a bold prediction regarding XRP’s potential future value. According to Bard, if Ripple emerges victorious in its ongoing legal tussle with the U.S. Securities and Exchange Commission (SEC), XRP could see a substantial price surge, possibly reaching $6 by 2024.
Ripple’s Legal Battle Holding Back Its Price Surge
On July 13, a turning point arrived as Ripple secured a partial victory in its legal battle with the SEC. The court ruled that certain XRP sales didn’t violate securities laws. This news led to an impressive 97% increase in XRP’s price. However, these gains were relatively short-lived due to the SEC’s appeal.
Moving forward to October 3, the court dismissed the SEC’s appeal, sparking another surge in XRP’s value. But it’s essential to note that the case is far from concluded; a trial is scheduled for April 2024.
Bard, has made a bold prediction regarding XRP’s potential future value. According to Bard, if Ripple emerges victorious in the lawsuit, Bard predicts a short-term boost, with XRP potentially reaching a price range of $2.50 to $3.00.
Looking ahead to the end of 2023, Bard anticipates that XRP could achieve a value between $3.50 and $4.00, provided Ripple wins, and the overall cryptocurrency market enjoys a bullish phase.
Google Bard AI Predict that XRP to Hit $6, Only If
Bard’s long-term forecast extends to 2025, where XRP might have the potential to soar to $5.00 to $6.00. This, of course, depends on various factors, including XRP’s momentum and its adoption in the market.
A legal victory would bring regulatory clarity for XRP, likely attracting more investments.
Additionally, the ongoing uncertainty resulting from the lawsuit has made institutional investors somewhat wary of XRP. A favorable outcome could rekindle their interest.
Moreover, if Ripple emerges victorious, it could unlock opportunities for fresh partnerships and innovative uses of XRP, which might boost demand.
Meanwhile, Bard’s forecasts offer a captivating insight into the future for XRP. As Ripple’s legal saga unfolds, we’ll closely monitor these predictions to see if they become a reality.