AI predicts XRP price for year-end
Despite the overall cryptocurrency bull market prevalent through much of 2024 – albeit with its own ups and downs – XRP’s trajectory has remained mostly downward. Indeed, through its erratic and volatile performance since January, XRP has landed at $0.53 at press time on October 29, meaning it is 14.19% below the price it started the year at. XRP YTD price chart. Source: Finbold The token’s persistent staying in the red can be linked to several important factors, including the ongoing legal battle against the Securities and Exchange Commission (SEC) – a battle set for a new chapter as Ripple announced that it is filing a cross-appeal – and Ripple’s escrow schedule, which sees hundreds of millions, if not billions, of tokens released in short timeframes, being among the most cited. Picks for you Bitcoin indicators...