Crypto exchange Uphold has leveraged the Grok AI chatbot from X to issue a bold outlook for XRP this bull season.
The American exchange used Grok to issue bullish price predictions for XRP, indicating the altcoin could navigate uncharted territory to set a peak between the $9 – $13 range. The pro-XRP exchange platform Uphold conveyed a recent conversation with Grok. The AI chatbot hinted that XRP could witness a parabolic run to the double-digit range in 2025.
Chatbot Bullish XRP Outlook
Uphold fed Grok prompts to formulate the XRP price in the ongoing cycle. Uphold instructed Grok to utilize the most accurate analysis methods. Grok leveraged technical analysis, market sentiment and institutional adoption.
From a technical view, Grok indicated that XRP has a four-year cycle that aligns with Bitcoin halving. The model referenced by Grok as analysis suggests XRP could stage a gigantic leap to $33.
Grok indicated that a moderate projection using a linear regression model would lift the XRP price to $13.70.
Uphold revealed that Grok made ambitious outlooks relative to the ongoing market sentiment, particularly those linked to the Ripple lawsuit, which is currently in the appeal phase. Also, growing institutional adoption will fuel the XRP surge to hit $111 and $165 in this cycle. This projection has attracted criticism as unrealistic.
Reasonable Expectations in $9 to $13 Range
Uphold indicates Grok yielded reasonable expectations for XRP to change hands within the $9 to $13 range. Grok added that this altcoin could hit this level by November this year. The AI chatbot noted that this reasonable price range would signal the conclusion of XRP’s bull run.
For XRP to hit $9, as suggested by Grok, this altcoin would require a surge of over $180. A more demanding rally above 310% is necessary for the XRP to hit $13.
Although it seems ambitious, accomplishing these price rallies is less daunting given that XRP climbed 5X in November last year. While the XRP has struggled to match this momentum, it surged to $3.38 on Jan. 16.
Accomplishing a $9 price point will elevate the XRP’s market value to $518.76 billion. This altcoin would test a $1 trillion value when XRP attains the $13 price.
Market Observers Views
The generous projection by Uphold using Grok aligns with similar price points by other market commentators. Renowned market analyst StephIsCrypto held a comparable view in late December 2024, citing tiger Bolinger Bands within the XRP’s 12-hour chart, suggesting a breakout to the $13.
Amid the bullish momentum, a prominent analyst within the XRP community, ‘The Moden Investor’ offers a promising forecast at the onset of 2025. He indicated that XRP could hit $7 per token this year in the worst-case scenario, while a normal instance could push it to the $16- $20 range.
While anticipation for the XRP is high, this altcoin appears stuck within the $3.10 price range. Veteran analyst Peter Brandt considers that this does not erode the XRP’s upward trajectory, particularly with growing institutional traction possible if XRP exchange-traded funds (ETFs) debut in the US.
Market expert Brandt anticipates a steady bullish pattern if it retains the uptrend. He inferred the flag pattern on this altcoin’s 1D chart as the ground for the XRP breakout. He expects the XRP upward movement to feature a 15% rally above $3.55 and 43% to $4.4.
Meanwhile, a market analyst pseudonymously identified as Disrupt Yourself confirmed the bull flag, illustrating the structure pointing towards the $3.90 price. This view aligns with Cryptodanovic noting on X post an upswing to $4.8 is forthcoming.
Nonetheless, XRP has dipped 1.4%, slipping below $3.0 and changing hands at $2.98, translating to $171.5 billion per CoinGecko data. However, the 4.50% decline in the past days leaves XRP underperforming the global crypto market, which slid 3.50% within this timeframe.