For a change, we didn’t ask any analysts for their XRP price prediction for the end of the year. Instead, we asked ChatGPT.
What was surprising was the extensive nature of ChatGPT’s response and the basis for it. This analysis should be taken with a grain of salt and is not financial advice, but it can be very interesting nonetheless.
ChatGPT’s Scenarios #
In the conservative scenario (40% probability), the price of XRP is between $1.80 and $2.60. ChatGPT bases this on the assumption that the crypto market will grow, but not explosively. In this case, XRP gains little additional adoption among banks, uncertainty remains around the U.S. Securities and Exchange Commission (SEC), and while market liquidity increases, it does not constitute a bull market.
ChatGPT considers this realistic because many professional analysts are close to this range. Historically, XRP often lags during bull markets and generally underperforms Bitcoin. The AI also points to delayed institutional adoption, “false expectations” for XRP exchange-traded funds (ETFs), and macroeconomic risks as factors supporting this scenario.
Realistic Scenario #
XRP price at the end of December: $2.75 - $4.50, 45% probability.
Assumptions: XRP benefits from a renewed bull market. Ripple expands its On-Demand Liquidity (ODL). Institutional players move larger volumes via crypto rails (stablecoin platforms). Legal setbacks are avoided.
ChatGPT finds this the most plausible, as many analysts predict this price range (around $2.80) and XRP often moves late but powerfully with bull markets. A price move towards $4 would be comparable to XRP’s previous movements during bull runs.
Risks for this scenario include XRP’s historically slow reaction to rising prices of other coins. Ripple’s business results often do not translate to the market price. The network also faces significant competition from other networks, such as stablecoins, CBDCs, and Stellar.
Bullish Scenario #
Price: $5-$12, 15% probability.
The assumptions here are a strong global bull market similar to that of 2017. Clearer regulation leads to more money flowing into the market from institutional investors. Ripple closes major deals in the financial sector, and XRP benefits from speculation, similar to past altcoin seasons.
This is possible if Bitcoin stabilizes and begins to rise again, and some bullish analysts do mention this scenario.
ChatGPT states that this scenario would require a strong combination of bullish factors. It also points out that there are very many XRP coins on the market, meaning extreme price increases would require enormous volumes. Furthermore, this scenario is dependent on external macroeconomic factors and a return of significant speculation to the crypto market.