Written by: Paul L., Newsbtc
Compiled by: Jessica, Techub News
Editor: With AI daring to predict, who really dares to believe?! It's too abstract. Even weather forecasts don’t dare to claim accuracy haha, you made me laugh.
Two AI models predict that XRP's current upward trend may push the asset to break through the $3 mark on August 1.
It is worth noting that XRP has recently broken through key resistance levels, which corresponds with the market-wide rally driven by Bitcoin (BTC) reaching an all-time high of $123,000.
This wave of rise brought XRP to touch $3 at one point, but as of the time of writing, it has fallen back to $2.86. Although this price is a 3.5% drop from 24 hours ago, the weekly increase still stands at 26%.
(XRP weekly price chart. Source: Finbold)
To conduct the price prediction, Finbold consulted OpenAI's ChatGPT, which provided various scenario forecasts for XRP.
ChatGPT Price Prediction
By analyzing technical patterns and market sentiment, ChatGPT predicts that from now until August 1, XRP's trading range will be between $2.95 and $3.15. Its single-point prediction value is $3.08, an 8% increase from current levels.
This AI model indicates that XRP has broken through the key resistance level around $2.50 and is currently consolidating just below the psychologically important level of $3, a pattern that typically indicates short-term bullishness.
However, the model also warns that the resistance in the $3 to $3.10 range remains strong, and a breakthrough may be difficult without significant catalysts. Historical data shows that XRP usually experiences fluctuations of 5%-15% when consolidating near resistance levels. The current market environment described as 'greedy but not euphoric' may support moderate increases rather than explosive rallies.
(AI's price prediction for XRP. Source: ChatGPT)
Grok Price Prediction
On the other hand, another AI model, Grok, also predicts that XRP will continue to rise, with a target price slightly higher at $3.10 on August 1.
The forecast considers the ongoing bullish momentum, improved regulatory transparency, and strong trading volume. Grok believes that XRP could test $3.20, but also warns that if overbought conditions trigger a pullback, it could drop to $2.90.
Ultimately, whether XRP can reach the expected $3 level will depend on Bitcoin's performance—since this asset has always maintained a close correlation with the leading cryptocurrency. If profit-taking intensifies in the coming days, XRP may lose the $2.50 support level, making it even harder to reclaim the $3 mark.
The title image is from Shutterstock
