study time:2minutes
Last week, Ripple (XRP) posted one of the worst performances among the top cryptocurrencies, with Thursday’s crash hitting $1.10 for the first time in over a year.
This sharp fall caused the value of XRP to drop by more than 50% in just one month. Below are the bullish and bearish scenarios facing Ripple from the point of view of 4 artificial intelligence models:
GPT Chat: According to the model, Ripple’s decline from $2.40 to $1.10 indicates that the market is no longer in a “healthy” correction phase, and multiple breaks of the $1.50 and $1.30 levels confirm heavy selling pressure. This model predicts the possible floor of Ripple in a bearish scenario between $0.85 and $0.95.
Perplexity: Based on the prediction of this model, if the investors surrender process continues, the range of 0.85-0.95 dollars can be the price floor of Ripple in this bear cycle.
Gemini: This model sees $1 support as critical; If this level is missed, XRP may fall to $0.60.
Grok: According to this model, if XRP can maintain the floor of $1.10, it can fluctuate between $1.10 and $1.45, and if it breaks the resistance of $1.50, there is a possibility that the price will return to above $1.60. But breaking the $1 support could set a sharp downward path for this token.
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