 ▲ XRP (XRP) / AI-generated image © |
XRP (Ripple), which rebounded from $1.10 to $1.48 within a few days, is now at a critical juncture as market tension peaks over whether it will complete a dramatic breakout above $2 this week or plunge below $1 following a breakdown of key support levels.
According to cryptocurrency outlet Watcher.Guru on February 22 (local time), major artificial intelligence models offered sharply contrasting outlooks on XRP’s short-term direction. ChatGPT analyzed that while the rebound from $1.10 to $1.50 indicates renewed buying interest, the asset is likely to go through a consolidation phase for the time being, adding that a broader macro market recovery or significant Ripple-related developments would be essential for a move toward $2.
Another AI model, Grok, suggested a realistic short-term target of $1.60 and projected that $1.80 may only be achievable by the end of February. In contrast, Perplexity issued a bearish outlook, predicting a decline to $1.24, while Google Gemini assessed the current price range as a technical bottom holding the downtrend, warning that a breakdown of this support could send XRP tumbling to $1.
Global investment bank Standard Chartered sharply lowered its 2026 price forecast for XRP by 65%, cutting it from $8 to $2.80. Geoffrey Kendrick, Global Head of Digital Assets Research, suggested the possibility of further downside in the coming months. However, XRP advocate Bill Morgan argued that the original $8 target had been unrealistic, stating that the revision to $2.80 represents a more practical adjustment. Standard Chartered maintained its 2030 price target of $28, and despite recent selling pressure, the inflow of $33.4 million in new funds into XRP is being viewed as a positive market signal.
Experts agree that XRP’s near-term fate hinges on its ability to defend the $1.41 support level. Analyst Guy on the Earth warned that if the weekly close falls below $1.41, the price could collapse to below $0.60. Meanwhile, crypto bull CryptoBull interpreted the current sideways movement as the final stage of accumulation, predicting a repeat of the 2017 surge and a potential rally to $13 within the next three months. Amid conflicting analyses between a possible support breakdown and the dawn of a new bull market, investors are closely watching whether this week will mark the beginning of a rally toward $2.
Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses resulting from decisions based on this content. The information provided should be interpreted for informational purposes only.