Let's see how accurate ChatGPT's forecast is.
Forecast for the next 8 hours
Analysts expect that over the next 8 hours, the price of XRP will fluctuate in the range of $2.04–$2.08. If the price breaks the resistance level at $2.07 with high trading volume, a rise to $2.10–$2.12 is possible. In case of a breakdown of the support level at $2.0448, the price may drop to $2.00–$2.01.
📊 Technical and fundamental factors
Support at $2.15: The price of XRP is holding above the 100-day exponential moving average on the 8-hour chart, indicating potential growth.
Large investor activity: Over the past five days, "whales" have acquired 200 million XRP, indicating growing confidence in the asset.
Growth potential: In the event of a successful breakout of the resistance level at $2.52, technical analysis indicates the possibility of rising to $3.78 in the coming weeks.
🧭 Conclusion
In the next 8 hours, XRP is likely to trade in a narrow range of $2.04–$2.08, with the potential to rise to $2.10–$2.12 under favorable conditions. The support level at $2.15 remains key to maintaining the upward trend.