AI Forecast: Grok Predicts XRP Price at $4.45 by August 31
AI-driven forecast platform Grok, backed by Elon Musk, projects XRP price between $3.60 and $5.20, centering on $4.45 by August 31. Currently, XRP trades between $3.07 and $3.28, with resistance at $3.10–$3.34 and support at $2.85–$2.90. Conservative models see XRP stabilizing at $3.00–$3.30, while moderate forecasts anticipate $3.50–$4.45. Bullish scenarios suggest a potential surge to $6–$8, or even above $10 under extreme conditions, driven by spot XRP ETF approvals in Europe, Ripple’s expanding partnerships, and robust institutional inflows. Recent legal developments in Ripple’s SEC case have eased regulatory concerns, boosting market sentiment. However, downside risks remain, including whale liquidations and broader market corrections, with possible support retest at $2.60–$2.80 if $2.85 fails to hold. Traders should watch key technical levels and upcoming catalysts for clues on XRP’s end-of-month trajectory.
Bullish
Grok’s bullish XRP price prediction of $4.45 by August 31, coupled with positive catalysts such as spot ETF approvals and regulatory clarity, suggests upward momentum. Improved sentiment from legal developments in Ripple’s SEC case echoes past crypto rallies following regulatory milestones. While risks persist, the balance of AI forecasts and institutional inflows points to a bullish market outlook for XRP in both the short and medium term.