AI predicts XRP race now Ripple is putting a point behind SEC-Rechtszaak

The legal battle between Ripple and the Securities and Exchange Commission (SEC) seems to be finally coming to an end. And that is good news for XRP. Analyst Sam Raphael called in the help of artificial intelligence (AI) and asked Chatbot Gemini what impact this will have on the XRP course.

Gemini expects spectacle for XRP

Gemini is optimistic. Now that the lawsuit seems to come to an end, the digital oracle expects XRP to rise to 3 to 3.50 dollars. And the beautiful? According to the chatbot that could happen within a few weeks to months. With a current price of $ 2.19, that amounts to an increase of 37 to 60 percent.

In the long term it looks more rosier. Within a period of twelve months, the AI ​​of Google focuses on a course of between $ 5 and 8. This would mean an increase of no less than 128 to 265 percent.

Gemini also says that it bases the prediction on earlier market reactions. For example, in the summer of 2023, XRP doubled in just two days in value. That happened after Judge Analisa Torres ruled that the sale of the digital currency at fairs is not covered by the securities legislation, which was a huge victory for Ripple.

We also saw a strong price outbreak in November last year. This happened after Donald Trump won the US presidential election. Many investors then anticipated a pro-Crypto climate, which could have a major impact on the case against Ripple. In the end, those expectations were also true. At the time, that led to a rally in which XRP rose from 0.50 dollars to no less than 3.39 dollars in just three months. An impressive rally of 578 percent.

Battle in court at its end

In recent weeks it was just a roller coaster. We were first told by the judge that a joint request from Ripple and the SEC was rejected.

Ripple and the SEC had together asked the judge to adjust the final judgment. Among other things, they wanted to reduce the fine of 125 million dollars and cancel the permanent ban on institutional sale of XRP. However, Analisa Torres did not agree with this. She gave two options: accepting the judgment as it is, or appeal through the official appeal procedure.

Ripple CEO Brad Garlinghouse, however, indicated on Friday that his company will drop the counter profession. It is expected that the SEC will follow soon. And with that, after almost five years, the lawsuit finally comes to an end. And therefore finally legal clarity for Ripple and his own crypto coin.