AIs assess XRP's potential price movement next week
XRP has surged from $2.70 to $3.10 in recent days, adding about 15% amid market recovery. Three AI chatbots offer predictions on whether this rally will continue into the week of October 5-12. They highlight the $3.00 level as crucial for future trends.
After a volatile September where XRP reached $3.20 before dropping to $2.70 support multiple times, the token began recovering at the start of the recent business week, particularly since October started. In just a few days, it climbed from $2.70 to around $3.10, gaining roughly 15% from bottom to top. It has since stabilized between $3.00 and $3.10, with $3.00 viewed as a pivotal psychological and technical threshold.
ChatGPT emphasized the importance of $3.00, stating that if XRP holds it as support, the mid-summer bull rally could resume, potentially starting next week. It identified initial targets at $3.30 and $3.60, aligning with analyst predictions, but cautioned of a possible drop to $2.80 or lower if support fails. 'Given the fresh momentum + importance of $3, I’d lean slightly bullish for Oct 5–12. If $3 holds early in the week, XRP likely targets $3.30–$3.50. But if volume dries up, expect sideways action with risk of slipping back to $2.80,' ChatGPT noted.
Grok provided probability estimates, assigning a 50% chance to a bullish scenario with targets between $3.30 and $3.60. It rated neutral trading between $2.90 and $3.10 at 30-35%, and a bearish drop below $3.00 to $2.80 or $2.70 at 20-25%.
Gemini stressed the need for increased trading volumes, as recent buyer activity has lagged. It mentioned a potential massive surge if spot XRP ETFs gain US SEC approval soon, though it deemed this unlikely in the immediate term.
These AI insights reflect current bullish sentiment but underscore risks tied to volume and key support levels.