Ripple reportedly made its second sale of XRP in March, which totaled 240 million XRP, drawing attention due to significant price fluctuations.
To parse price movements and predict XRP's future, Coin-Turk uses a new artificial intelligence tool, Claude 3 Opus, developed by Anthropic. This AI, which is claimed to have capabilities that surpass ChatGPT-4, has shown success in predicting the price of Bitcoin before.
XRP Price Today
At the time of writing, XRP is trading at a price of IDR 9,805 at 14:08 WIB, Monday, March 18, 2024. Based on price movement data from Bittime, XRP has increased by 4.13% in the last 24 hours after experiencing a slight decline yesterday.
Source: Bittime
AI version of XRP prediction
XRP, with its focus on crypto payment solutions, has managed to occupy a strong position among the top ten cryptocurrencies in the market. Since bottoming out in June 2022, the token has shown steady growth with a moderate uptrend.
At the moment, XRP is priced at around $0.62, with fluctuations clearly illustrated on the weekly chart. Ripple tokens briefly touched peaks of up to $0.927 during the period, but now appear to be struggling to return to those peaks.
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Claude 3 Opus Prediction for XRP
Based on the analysis conducted by Claude 3 Opus, there are three scenarios predicted for XRP until the end of 2024. First, AI Claude predicts that the XRP price will fluctuate in the range of $0.80 to $1.20, taking into account the current market dynamics and the potential for increased token acceptance.
The second prediction suggests the possibility of XRP reaching a peak of $1.50. Meanwhile, the third forecast gives an idea that the XRP price could plummet to $0.5, in case of unfavorable developments or declines in the market.
This forecast departs from the assumption that the cryptocurrency ecosystem will continue to grow. XRP's price will be influenced by a variety of factors, including general market sentiment, adoption by financial institutions, regulatory evolution, as well as the success of partnerships and projects run by Ripple.
The latest market report from Iconomi, shows that XRP has consolidated its price above key support levels against USDT and Bitcoin, signaling resilience and a possible transition to a new bullish phase.
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How to Buy Ripple (XRP) on Bittime
You can buy and sell Ripple (XRP) in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
Ripple (XRP) is available on Bittime with the XRP/USD market pair. To be able to buy XRP IDR on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.
Learn the complete guide on how to buy Ripple (XRP) on Bittime.
Monitor the price chart movements of Ripple (XRP), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Ripple vs SEC Update: Ripple Has Handed Over All Details Requested by SEC
XRP Breakout: Latest XRP (XRP) Price Analysis and Prediction
XRP Whale Moves Tens of Millions of XRP as Price Approaches $0.6
DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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