Artificial intelligence calculated the price of XRP as of May 1, 2024

Due to the ongoing legal dispute between the Securities and Exchange Commission (SEC) and Ripple Labs, XRP was unable to capitalize on the cryptocurrency market rally in 2024, failing to significant growth. On the evening of April 19, the price of XRP fluctuated around $0.50, having added about 1% in 24 hours. However, this insignificant increase pales against the background of the fact that over the past seven days the token has lost almost 5%.

This may be why the cryptocurrency expert known as CoinsKid has provided a bearish forecast for the future of XRP. The analyst argues that recent XRP price action reflects a failed bullish run into a significant decline, confirming that there is no price trigger to attempt a rally.30 784570316#Web3 #news