Here is a projected timeline from analysts, Google Bard, and ChatGPT

XRP has faced significant hurdles on its journey to $5, with analysts and AI chatbots like Google Bard and ChatGPT predicting a potential timeline for reaching the price point.

and what is worth to mention, XRP It is currently trading at $0.5763, up 1.18% over the past 24 hours, as the broader market looks to recover. However, the token is still down 6.43% this month. At this price, getting $5 would require a 767% increase in the value of XRP.

Many supporters are still wondering when XRP will arrive The $5 mark is out of reach. To answer this question, we gathered the opinions of four entities: ChatGPT, the prominent AI-based chatbot from Open AI; Google Bard, Google’s chatbot; EGRAG, a leading cryptocurrency market analyst; and Mr. Hopper, a detective on the series.

XRP could reach $5 from 2024 to 2030

They all offer different perspectives and timelines for the potential growth of XRP, based on different factors and assumptions.

ChatGPT It expects XRP to reach $5 by the end of 2024. The chatbot points to a revolutionary upgrade and widespread adoption at major financial institutions as the main drivers of this increase.

It expects the market to react positively to these transformative developments and push prices upward rapidly.

Mr. Hooper Answeralso from ChatGPT’s response, was the most bearish of the four, predicting that XRP will reach $5.17 in 2030.

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Data from the accompanying image shows that the chatbot is basing this estimate on the historical trend from 2013 to 2024, where the price of the coin rose from $0.01 to $0.57.

XRP can reach $5 in 90 days to 3 years

EGRAG is the most bullish, Expectation That XRP will reach $5 in 90 days. He believes that XRP is in the initial wave 1 of a long-term bull market, which will last for several months.

The prominent analyst attributes this prediction to a bear market bounce versus a bull market bounce, meaning that XRP has bottomed and is ready to rise.

Google Bard was somewhat cautious, noting that predicting the future price of any cryptocurrency is very difficult, and XRP is no exception. The AI-powered chatbot acknowledges that several factors could affect its price, making any specific timeline for reaching $5 highly speculative.

He identifies three positive factors that could boost the price of XRP: Accuracy SEC suit; increased adoption, which may increase demand for and utility of XRP; and general market sentiment, a factor that can lift the entire cryptocurrency market.

Bard also identifies three negative factors that could hinder XRP’s growth. These negative factors include competition from other assets e.g excellent (XLM), regulatory pressures, and unexpected events.

Based on these factors, Bard suggests three possible timelines for XRP to reach $5: short-term (within 1 year), medium-term (1-3 years), and long-term (3+ years). He stresses that these are just scenarios, not forecasts, and that they depend on various factors that align perfectly.