Artificial intelligence fulfilled the forecast for the price of XRP on May 31
Despite the decline in Bitcoin, which is traditionally followed by altcoins, artificial intelligence (AI) algorithms do not see any particular problems for XRP by the end of the month.
Perhaps the optimism is due to Ripple’s launch of its own stablecoin, which was done to successfully compete with market leaders Tether (USDT) and USD Coin (USDC).
PricePredictions predicts that by May 31, 2024, the price of XRP will reach $0.479024. This figure is below the current price of $0.49.
XRP price forecast for a monthly period. Source: PricePredictions
Such a price change would indicate a loss of 3.27% from the current price, which is quite small compared to the gloomy forecasts for Bitcoin, which do not rule out a fall of 50% to $30,000.
