Although bitcoin and BNB marked new all-time highs in the past week, Ripple’s native token failed to recapture its recently lost momentum and posted a painful loss, especially after the Friday evening 0 Uptober is almost halfway through, here’s what ChatGPT thinks could happen in the following week and whether XRP has the ability to rise above its current adverse 1 XRP Reverse the Trend? XRP’s recent downfall is most evident in its decline in the market cap 2 asset held the third spot until not so long ago, but the impressive rise of BNB and USDT’s steady increase have changed the tides, and XRP is now down to the 3 21% weekly drop didn’t help 4 also acknowledged the recent performances of BNB and even BTC, both of which tapped new records in the past several 5 noted that these two have sucked the liquidity out of “lagging” assets like 6 also mentioned the daily RSI sliding toward the neutral/oversold zone, which is a sign of a cooling 7 to OpenAI’s chatbot, XRP has already dropped by a few crucial support levels at $2.70 and $2.50.
The next ones are situated at $2.20 and $2.00. In contrast, the first resistance it has to overcome to resume its bull rally is at $2.70, followed by the one at $3.00-$3.10. Overall, ChatGPT concluded that the landscape around XRP is slightly worrying. “Trendline: The short-term trend has turned slightly bearish after several weeks of sideways trading.” Actual Numbers The AI solution gave the best odds (45%-50%) for a bearish continuation in the week ahead, in which the asset’s price could drop gradually to $2.10, which would position it between the two major support levels mentioned 8 if XPR doesn’t decline that much, ChatGPT sees the token remaining well below the crucial $3.00 9 neutral/consolidation probability is set to be somewhere around 30%-35%, the AI product 10 would be possible if XRP finds solid support at $2.20 but fails to overcome the $2.70 resistance and trades between the two for the next 11 least probable scenario in the AI’s view is a bullish rebound above $3.00.
It gave just a 20%-25% chance for such a surge that could propel it toward $3.30, but only if strong volume returns and a new Ripple catalyst appears.
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