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An artificial intelligence (AI)  model has issued several price forecasts for XRP after it emerged that Ripple is planning to establish a treasury for the cryptocurrency. Notably, Ripple aims to raise at least $1 billion through a special purpose acquisition company (SPAC) to fund the new XRP treasury, which will also be partially backed by its own holdings.  The move represents one of Ripple’s most ambitious efforts to boost XRP’s liquidity and investor confidence, though the treasury’s size may influence sentiment more than it sparks an immediate price surge. XRP price prediction  Regarding the potential impact on price, Finbold turned to OpenAI ChatGPT, which estimated that XRP could reach between $3.30 and $3.60 within the next 6 to 12 months if the treasury formation goes as planned and market sentiment remains supportive. Looking further ahead, the AI projects that in 12 to 24 months, assuming broader adoption and a favorable crypto bull cyc...

The XRP price has tumbled 11% in the last 24 hours to trade at $2.20 as of $3:30 a.m. EST on a 178% pump in trading volume to $10.2 billion. XRP Price Holds On Key Support – Is A Rally On The Horizon? Over the past few weeks, the Ripple token price has been trading within a descending triangle. This is a bearish technical pattern often leading to a breakdown. However, the price has shown resilience by holding onto a strong support zone between $1.90 and $2.00, an area that has historically acted as a demand level where buyers step in. The resistance level around $3.00 marks a critical area where previous price rallies have faced rejection. A successful breakout above this level could confirm a bullish continuation. The LuxAlgo trendlines show possible breakout levels at $3.0007 (bullish) and $1.8973 (bearish), suggesting that XRP is currently at a decision point where price action will determine the next major move. XRPUSD Analysis Source: Tradingview The Relative ...

The XRP price pumped more than 8% to above $3 for the first time since 2018 as Ripple chief legal officer Stuart Alderoty said the US Securities and Exchange Commission (SEC) lawsuit against the company has become “just noise.” XRP soared to as high as $3.18 in the past 24 hours, but has since pared gains to trade at $3.06 as of 3:02 a.m. EST. SEC Appeal Brief A “Rehash Of Already Failed Arguments”  Alderoty’s remarks and XRP’s surge came after the SEC filed its opening brief to appeal a final order that was delivered by Judge Analisa Torres of the US District Court for the Southern District of New York.  #XRPCommunity #SECGov v. #Ripple #XRP @Ripple The @SECGov has filed its opening brief.https://t.co/v0YTjHGxzV — James K. Filan 🇺🇸🇮🇪 (@FilanLaw) January 15, 2025 In its brief, the regulator said that Ripple executives Brad Garlinghouse and Chris Larsen “offered and sold over $2 billion of ...

Attempts to push above $0.5 have been spectacularly futile with the token’s upside capped under the 100-day Exponential Moving Average (EMA). As overhead pressure intensifies into the European session, XRP price is trading at $0.4848. advertisement The nearest support at $0.48 is expected to come in handy, but if push comes to shove, investors may want to start acclimatizing to losses as far as $0.4450 – its lowest point in June. Beyond the Ripple vs SEC Lawsuit – CEO Garlinghouse Fights for Regulatory Clarity Ripple’s CEO Brad Garlinghouse, who was also sued alongside his company by the Securities and Exchange Commission (SEC) for allegedly selling XRP as an unregistered security offering, continues with his battle for regulatory clarity in the US. In a video shared on Twitter Garlinghouse blasted the SEC for acting in “bad faith, plain and simple.” His remarks came after the release of the Hinman documents, which, the compa...