XRP price forecast for the end of 2024 by AI considering three key factors.

1. Favorable legal resolutions for Ripple: This could generate a significant increase in market confidence and a substantial rise in institutional adoption. Legal precedents, such as the SEC case, have had a direct impact on its historical price. A positive resolution could push XRP to exceed $2 and even approach its all-time high ($3.92 in 2018) in a very optimistic scenario【7】【8】.

2. Institutional adoption: If Ripple manages to secure agreements with major global financial institutions and increases the use of XRP for cross-border payments, the price could stabilize between $2 and $3 by the end of 2024, depending on actual volume and adoption【8】【9】.

3. Crypto market conditions: If the overall market enters a bullish cycle, driven by Bitcoin or other macroeconomic factors, the effect could pull XRP along. In this case, reaching a range of $3 to $5 could be possible in an extremely optimistic market, although a value between $2 and $3 would be more realistic【7】【9】.

In summary, in an ideal scenario where these three factors converge favorably, XRP could reach between $2 and $3.50 by the end of 2024. However, this depends on many external and internal variables, and any prediction in the cryptocurrency market should be taken with caution.