Artificial intelligence calculates the price of XRP for June 30
While the vast majority of cryptocurrencies are seeing huge increases in 2024, XRP is the exception along with Cardano.
It is that the Ripple currency registers a loss of more than 14% so far this year when, during the same period, Bitcoin and Ethereum have gained approximately 65%
Artificial intelligence sets the price of XRP
In this not at all encouraging context, the artificial intelligence with which the PricePredictions platform works calculated the price of the altcoin for June 30, 2024.
The AI placed XRP at $0.44, which is a drop of almost 14% from the current price of $0.52.
Sentiments around XRP
Right now, the market is taking ambiguous stances on the Ripple cryptocurrency:
Bearish: Investors fear that Ripple will continue selling coins in June, something that has been happening in recent weeks. Some talk about 400 million XRP that could be sold. This would shake the market and cause a significant drop.
Bullish: Other investors are still confident that the company will soon win the court battle against the United States Securities and Exchange Commission. For this reason, they do not rule out a considerable increase when this occurs.
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