TL;DR
- Ripple’s native token achieved what many deemed impossible this year by surpassing its previous all-time high set over seven years ago.
- Nevertheless, the asset has retraced by double digits since, raising the question of when (or if) it can achieve this feat again. Here’s what some of the most popular AI solutions have to say about it.
Will There Be New ATH?
The third-largest cryptocurrency concluded 2024 strongly, rising from under $0.6 to approximately $3. It continued to climb in January, matching its 2018 all-time high of $3.4 but could not surpass it. After several months of difficult corrections and sideways movement, bulls finally took charge in July, achieving a new record of $3.65, which many thought was unachievable.
Subsequently, a wave of profit-taking occurred, causing XRP to drop by around 10%. Selling pressure has increased over the past few weeks, and Ripple’s token is currently over 20% below its all-time high, struggling to stay above $2.8. It has lost crucial support at $3.00, which now acts as resistance, as attention turns to tonight’s speech by Fed Chair Jerome Powell.
Looking at the broader picture, we consulted ChatGPT, Grok, Gemini, and Perplexity to determine when XRP might replicate its July 2025 rally and reach a new all-time high. Disclaimer – this prediction does not have to occur during the current cycle, as it’s possible XRP’s peak has already been established.
Perplexity believes that the peak for 2025 has not been reached. It stated that “XRP is poised to break its all-time high again within 2025, particularly in the second half of the year, which historically sees stronger performance.” It outlined targets of approximately $4.50 to $5.50.
Interestingly, two of the other three AIs support Perplexity’s assessment. After acknowledging the unpredictability of cryptocurrency price forecasts, ChatGPT indicated that XRP has significant potential to achieve another record this year if “momentum and catalysts align.”
Grok suggested that Ripple’s token could gain from positive developments within the company, such as notable purchases, partnerships, and adoption, potentially pushing it above $4 by the year’s end.
Not All Agree
While all four AI solutions anticipate that a potential XRP ETF approval in the United States would ultimately benefit the asset, Gemini presented a more contentious viewpoint. It suggested that Ripple’s token might follow Ethereum’s trajectory rather than Bitcoin’s. Remember, ETH struggled for almost a year to gain traction in institutional adoption and has only recently reaped the benefits.
Consequently, Gemini cautioned that a spot XRP ETF could act as a catalyst for price increases, but the gains might be long-term, not realized this year. It also noted that XRP’s journey to a new all-time high “is not guaranteed,” influenced by various external factors, including overall market conditions, the global economy, and regulatory clarity.
If you’re interested in learning more about the AIs’ perspectives regarding whether XRP has peaked in 2025, you can check this article. And for insights on their top price prediction for Ripple’s coin during this bull cycle, refer to this one.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!