As the larger part of the cryptocurrency market starts to slow down the last week’s gains, XRP is no exception, returning below the previously gained $0.53 level, but machine learning and artificial intelligence (AI) algorithms are optimistic about it, predicting the bullish momentum again by Valentine’s Day.
Specifically, by consulting an Al-powered machine-learning algorithm we see the price of XRP sharply increasing in the next few days, setting it at $0.56 on February 14, 2024, which would indicate an 8.74% gain compared to its price on February 12.
XRP 5-day price prediction. Source: CoinCodex
XRP 7-day price chart. Source: Finbold
Overall, XRP could, indeed, end up in the optimistic price range set by the AI algorithms, but given the volatility of the asset, as well as the crypto market as a whole, it is important to carry out one’s own research before investing any significant amount of money in it.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
