XRP has experienced significant growth in the cryptocurrency bull market of 2024, with a year-to-date increase of 304.70%. However, there are concerns as the token reached a top near $2.50 on December 17 and has remained around that price for two weeks. Analysts consulted an AI model called GrokAI, which expressed positivity about XRP's recent developments but cautioned about volatility. GrokAI believes that $2.50 is the most plausible price target for the end of the year, considering resistance levels and market volatility. However, there is the potential for another rally in January 2025 if the crypto-friendly Paul Atkins replaces the current SEC Chair.
- Content Editor ( finbold.com )
- 2024-12-17
GrokAI says XRP price will hit this target by December 31, 2024