According to the website - By Times Tabloid
XRP is currently trading at $2.33, which is 6.22% higher than last week. Interest in it has resumed after recent changes in regulation and institutional partnerships.
Experts have been making optimistic forecasts regarding July for several months, and to understand whether the digital asset will maintain this momentum until the end of the year, we turned to Elon Musk's AI system Grok.
After analyzing the predictions of market experts and the current state of the market, Grok presented a detailed analysis of the potential price of XRP by the end of 2025, outlining several optimistic target values.
Grok mentioned regulatory and institutional changes.
An important turning point for XRP was March when the U.S. Securities and Exchange Commission (SEC) agreed to withdraw its appeal against Ripple.
Although the court recently rejected their joint motion, both parties will reject their appeals, which will solidify XRP's status as a non-security asset. This will ensure greater transparency in regulation, and Grok emphasized that this is a crucial factor for market trust.
Grok also emphasized that Ripple's partnership with leading financial institutions such as Santander, SBI Holdings, and Bank of America enhances XRP's efficiency in cross-border payments. The company's On-Demand Liquidity (ODL) service continues to attract interest from payment systems and banks, expanding the use cases for XRP in the real world.
Grok referred to a forecast of an 88% probability of approval for a spot ETF on XRP by the end of 2025. Bloomberg analysts recently raised the probability of ETF approval to 95%, which could significantly increase institutional investments. Expectations surrounding this event reflect previous rallies driven by ETF approvals for Bitcoin and Ethereum.
Technical analysts have also identified bullish patterns, including the 'cup and handle' formation and an ascending channel. Grok noted that if XRP breaks through resistance levels in the range of $2.40 to $3.40, it could trigger substantial growth.
Grok compiled a series of forecasts based on internet sources and analysts. Conservative estimates range from $1.05 to $2.50, citing market volatility and delays in regulatory processes. Moderate forecasts, including those from Cryptomus and InvestingHaven, suggest prices in the range of $2.50 to $5.00.
Bullish forecasts, such as those from Standard Chartered, suggest prices up to $5.81 and $5.50, respectively. Some speculative forecasts on social media even suggest prices exceeding $15 or $100, but Grok warns that these predictions are 'extremely speculative' and imply 'unprecedented adoption.'
Evaluating various market factors and risks, Grok predicts that by the end of 2025, XRP will trade in the range of $3 to $7, with a likely value of around $5. The company notes that this estimate combines optimism related to potential ETF approval and institutional growth with risks such as market volatility and competition.
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