Although XRP has not managed to sustain the bullish momentum following the recent conclusion of the long-running courtroom battle between Ripple and the United States Securities and Exchange Commission (SEC), a newly released artificial intelligence (AI) assistant is fairly optimistic.
As it happens, Finbold has tasked the AI assistant by Meta Platforms (NASDAQ: META), called Llama 3.1, a.k.a Meta AI, with providing insights into the possible price range of the currently seventh-largest asset in the cryptocurrency sector by market capitalization, from the viewpoint as of August 12.
XRP price 7-day chart. Source: Finbold
Elsewhere, crypto trading expert Alan Santana has recently pointed out that XRP has been accumulating since June 2022, setting the stage for a massive rally in the upcoming bull market in 2025 as it follows a cyclical chart pattern, with $5.13 as a new all-time high (ATH), as Finbold reported on August 10.
XRP price performance and prediction chart. Source: Alan Santana
All things considered, XRP might, indeed, end up trading in one of the ranges suggested by Meta AI. However, trends in the crypto market can change, so doing one’s own research, keeping up with any Ripple news and XRP news today and in the future, and weighing all the risks is critical when investing.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
