XRP News Today: XRP Drops 0.5% in 24 Hours Amid Bearish Sentiment

XRP’s recent push to reclaim the $2.50 resistance level has encountered resistance, aligning with the broader market sentiment. AI models suggest that the token is likely to experience slight movements in the coming weeks. As of the latest update, XRP was trading at $2.16, reflecting a 0.5% decrease over the past 24 hours and a 2.3% decline over the past week, continuing a mild downtrend.

Despite the bearish sentiment surrounding XRP, there is some optimism from a technical standpoint. The token’s 50-day simple moving average (SMA) is at $2.30, providing short-term support, while the 200-day SMA, at $1.88, indicates potential for longer-term bullish momentum. Additionally, XRP’s 14-day Relative Strength Index (RSI) stands at 44.38, suggesting a balanced market with room for movement in either direction.

Looking ahead, OpenAI’s ChatGPT projected that XRP will likely trade between $2.08 and $2.32 by July 1, 2025, with $2.22 identified as the most probable mid-range target. This prediction is based on technical indicators, momentum analysis, and overall market conditions. The model noted that XRP’s recent breach of the psychological $2 level has established a key support zone, which could act as a base for future gains. Resistance appears between $2.30 and $2.35, with support holding near the $2.05 to $2.10 range. However, the current absence of major catalysts, such as an ETF approval or a major partnership announcement from Ripple, limits the potential for sharp price movements in the short term. Broader market dynamics, such as a stable or rising Bitcoin (BTC) price, could still play a role in pushing XRP toward the upper end of its projected range.

Meanwhile, xAI’s Grok model took a more bullish stance, forecasting a trading range between $2.25 and $2.40 by July 1, 2025. It cited an ascending channel pattern and potential positive momentum from Ripple’s ecosystem as key drivers. Still, Grok also flagged resistance around $2.50 as a likely cap on near-term gains. Both AI models seem to agree that a major XRP breakout is unlikely over the next couple of weeks. A gradual climb toward the low-to-mid $2.30s appears within reach, provided market conditions remain steady.

In addition to these predictions, other AI models have also weighed in on the future of XRP. Google Gemini's forecast for XRP is quite bullish, with the AI model seeing the token climbing to $28.50 by 2030. This prediction takes into account several possible developments, such as a positive resolution to the ongoing SEC lawsuit against Ripple, the rollout of clearer crypto regulations, and the potential approval of XRP-focused ETFs. Grok AI also mentioned the likely end of the Ripple-SEC legal battle and the growing chance of more supportive crypto rules under a pro-crypto administration. The AI chatbot also pointed to the potential launch of spot XRP ETFs and wider XRP use in the financial sector. Due to these factors, Grok sees XRP reaching $8.62 within the next five years. Telegaon made the boldest forecast, with their analysts seeing XRP reaching as high as $48.03 by the end of the decade. A more reserved prediction came from analysts at another crypto platform, who see XRP peaking at $24.69 by December 2030. In a realistic scenario, where XRPL sees steady growth and RLUSD gains traction, XRP could climb to between $3.50 and $4.50 within the next six to twelve months. This prediction is based on the assumption that the XRP Ledger (XRPL) will continue to grow and that the RLUSD stablecoin will gain traction in the market. The predictions for XRP's price in 2025 vary widely, with some analysts seeing the token reaching as high as $20 by the end of the year. This prediction is based on the assumption that Ripple will receive favorable news, such as settlement talks or reduced penalties. However, it is important to note that these predictions are based on assumptions and may not come to pass. Investors should do their own research and make their own investment decisions based on their own risk tolerance and investment goals.