XRP has frequently faced criticism for its perceived dormancy in the cryptocurrency market, notably for its inability to reclaim the $1 mark, raising questions about the token’s long-term sustainability.
XRP investors anticipate when the cryptocurrency might breach critical levels, such as $5, aligning its performance with peers like Bitcoin (BTC) and Ethereum (ETH).
In this context, OpenAI’s most advanced artificial intelligence (AI) tool, ChatGPT-4o, provided insights into potential timelines for XRP trading at $5. The AI platform provided projections based on historical data, market trends, and potential catalysts.
XRP price prediction. Source: ChatGPT-4o
In addition to the elements highlighted by the AI tool, analysts maintain a bullish stance on XRP’s prospects. For instance, a crypto analyst by the pseudonym leb_crypto, in an X post, urged investors to respect XRP’s current trajectory, noting its potential for a bullish breakout.
The analyst highlighted key price levels to monitor, indicating a bullish trend if XRP reclaims $0.75, neutrality at $0.45, and potential bearishness if it loses the $0.45 support.
XRP price analysis chart. Source: TradingView
Moreover, anticipation surrounds the possibility of a spot XRP exchange-traded fund (ETF) and a Ripple stablecoin launch, which would serve as bullish catalysts for the token.
XRP price analysis
At the time of reporting, XRP was trading at $0.50, showing signs of recovery from the flash crash experienced on June 7. Over the past 24 hours, XRP has seen nearly a 1% increase, while on the weekly chart, the token has declined by almost 4%.
XRP seven-day price chart. Source: Finbold
In the meantime, for XRP to reach $5, the token needs to reclaim $1, as any sustained bullish momentum hinges on this price level.
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