There have been a lot of bullish predictions about the digital token XRP lately. Google’s Artificial Intelligence (AI) chatbot, Bard, has also joined the trend in predicting the timeline for the digital asset to hit ambitious price levels such as $5, $20, and $50.
An analyst recently stated that XRP being in a boring phase at the moment is suggesting a buying opportunity. Let’s see if Google Bard’s predictions support this bullish sentiment.
Read Also: New Report Shows Real Cause of Over 45% XRP Price Drop
When Will XRP Get to $5?
Currently trading at $0.5039, a jump to $5 would be an increase of 892%. Quoting Google Bard, “This would require a significant amount of buying pressure, but it is not impossible. The token has already seen gains of this magnitude in the past.”
Bard highlights here that buying pressure can help drive the price of XRP. This can come from increased interest in the digital asset. As for the timeline, it says, “A possible timeline for this would be within the next 1-2 years if the cryptocurrency market continues to grow and XRP remains popular.”
When Will XRP Get to $20?
$20 signifies an even bigger jump of 3,869% from its current price. Bard seems to think this jump is possible. However, it says “This would be a much more difficult feat, but it is not out of the realm of possibility.
Regarding timeline, points out that “If XRP were to achieve widespread adoption, it could reach this price level within the next 5-10 years.” This is a favorable prediction that hinges on gaining more adoption.
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Read Also: State-of-the-Art Machine Learning Algorithm Sets XRP Price for September 30, 2023
When Will XRP Get to $50?
XRP will have to make a remarkable 9,822.6% leap to get to $50. This big leap also makes the timeline much longer than the other and Bard shares this belief. In its words, “It is unlikely that XRP will reach this price level in the near future.”
But there’s some hope. It continues by saying that if growth continues and XRP stays popular among users, “it is possible that it could reach this price level in the long term, perhaps within the next 20-30 years.” This isn’t a short timeline but the potential profit is unimaginable.
Bard left out Ripple’s strategy to make XRP a global reserve currency. If that does not factor into the predictions of success, it is interesting that Ripple seems to be moving away from those aspirations too.
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