XRP price actions over the past few weeks have emerged as a topic for serious debate in the crypto sphere. Most market analysts think that the token will spike to remarkable heights soon.
On the contrary, XRP seems to be fluctuating to and fro within a particular price range. The instability in the coin’s price movement has become a source of worry for XRP holders.
Read Also: Crypto Pundit Pinpoints Major Issue That Stalls XRP Price Over the Last 5 Years
Having recognized this peculiar concern among XRP enthusiasts, Bard was quizzed on the potential timeline for XRP to achieve specific price levels, from which we reported our findings.
Meanwhile, XRP is currently priced at $0.62, reflecting a 0.3% increment from its previous price in the past 24 hours. The token is ranked the sixth largest cryptocurrency with a market cap of $33,612,928,604.
Timeline For $3 XRP Price
Google Bard reckoned the $3 price target as a realistic price target for XRP because the coin has shown a similar ability to spike tremendously. Notably, during the rally in 2017 that saw XRP surge to attain a $3.8 price level in 2018, the coin was reported to have spiked by more than 300% in a month.
XRP attaining $3 from current standings would imply an increment of about 384%. Bard remarked that the projected $3 price mark could play out within 2-3 years in favorable market conditions.
Timeline For $7 XRP Price
Bard noted that a $7 price target could be tricky, as XRP could face stiff challenges on its path to becoming a globally accepted payment option.
The chatbot predicted a timeline within the range of 5-7 years for XRP to reach $7.
Timeline For $11 XRP Price
Attaining an $11 price from current standings would imply an XRP price surge of about 1,674.2%. This might sound ridiculous, however, it remains a possibility in the crypto sphere.
According to Bard, XRP must survive over five years of consistent expansion to achieve an $11 price mark. Also, the chatbot highlighted some crucial factors that could propel XRP growth to attain such price levels.
The factors include dominance in the global payment systems, technological advancement and scalability, mass adoption, and mainstream integration.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Read Also: ChatGPT Predicts How High XRP Price Would Rise In 2024
Timeline For $15 XRP Price
Bard considered XRP’s potential $15 actualization a fantasy that can only play out in papers. According to the AI model, XRP must surge by an incredible 2,319.4% from current price standings to attain $15.
Aside from its market price spiking by a tremendous ratio, all other variables, including the coin’s utility, market capitalization, adoption rate, etc, must surge to levels that are not practically obtainable in a real-world application.
Concluding its take on the said topic, the chatbot warned readers on the need to research adequately and desist from relying on historical price actions to make investment choices.
Follow us on Twitter, Facebook, Telegram, and Google News
