🤖 ChatGPT predicts XRP growth to $3.5 🤑
There is a lot of attention on XRP right now, here is the strategy ChatGPT suggests based on RSI and BB on the daily chart.
🕯 Technical Analysis
▫️ The price confidently broke through the upper BB band — a classic signal of a strong impulse and possible continuation of growth.
▫️ The widening bands indicate high volatility — both trend continuation and sharp pullbacks are possible.
▫️ RSI is around 80 — clear overbought condition, which greatly increases the likelihood of a short-term pullback.
▫️ Nevertheless, the "trending" RSI (>60) remains, confirming the strength of the upward trend.
🖥 Scenarios
▫️ Base (60%): $2.5-3 — growth of 10-25%.
▫️ Optimistic (25%): $3-3.5.
▫️ Negative (15%): drop to $2.10-2.2 and a renewed attempt to grow.
📌 Recommendations
▫️ Entry point: pullback to the middle BB band (~$2.32-2.38).
▫️ Stop-loss: slightly below support — $2.20-2.25 (overall) or $2.50 (intraday protection).
▫️ Targets: $3 and then $3.4-3.5.
▫️ Management: Small initial positions, add on breakout of $2.6-2.7.