Grok, the AI chatbot from Elon Musk’s platform X, has joined the growing conversation about the outlook for XRP during this bull season.
Specifically, Grok issued bold price predictions for XRP, suggesting the altcoin could reach all-time highs between $9 and $13. Amid this, pro-XRP American exchange Uphold shared its recent conversation with Grok, where the AI chatbot suggested XRP could trade in the double-digit range this year.
Grok’s Comments on XRP Outlook
Uphold asked Grok to formulate an XRP price prediction for its top in the current cycle, instructing it to use the most accurate analysis methods.
In response, Grok focused on XRP’s outlook by relying on technical analysis, institutional adoption, and market sentiment.
From a technical perspective, Grok pointed out that XRP follows a four-year cycle that aligns with Bitcoin halving. Under this model, it referenced an analysis suggesting a potential $33 price for XRP. A more moderate expectation using the linear regression model suggested a price of $13.70.
Meanwhile, Grok also cited more ambitious outlooks based on market sentiment and events, specifically those surrounding Ripple’s lawsuit and institutional adoption. It highlighted arguments for prices as high as $111 and $165 by the end of this cycle. However, it considered these projections unrealistic.
XRP $9 to $13 Are “Reasonable Expectations,” Cites November Timeline
Interestingly, Grok argued that $9 to $13 are “reasonable expectations” for XRP. It asserted that XRP could reach these levels by November 2025, noting that these price points would likely signal the end of XRP’s bull run.
Notably, achieving $9 from its current price would require a growth of 185%. Meanwhile, reaching $13 would necessitate a more demanding 315% price surge.
However, these surges may seem less daunting when considering that XRP surged 5X in November 2024. Still, it has struggled over the last two months to regain similar momentum.
Notably, at $9, XRP’s market cap would be $518.76 billion, while at $13, it would approach a $1 trillion valuation.
Views of Other Analysts
Numerous other market commentators have argued that a price range similar to the one suggested by Grok is a realistic expectation. For example, analyst Steph cited the tightening of Bollinger Bands on XRP’s 12-hour chart to argue a breakout toward $13.
Meanwhile, some believe XRP could reach $6 in the worst-case scenario, especially if the historical breakout fails.
While anticipation for XRP remains high, the coin continues to trade below its all-time high, which has stood for seven years and counting. Nonetheless, it keeps getting closer with each step in the $3 price range.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
