
The XRP race ended in May at a disappointing $ 2.13, after a short peak of $ 2.62 earlier this month. Yet Google’s artificial intelligence (AI) predicts a spectacular revival in June. According to Gemini, XRP can rise to $ 3.20 – more than 50% higher than now.
Google Gemini sees XRP as a big winner
The AI of Google, called Gemini, was asked by analyst Odunayo to give an estimate of the XRP race before the end of June. The answer? A sturdy increase to $ 3.20.
According to Gemini, the low point of the correction is behind us and XRP would benefit from the recovering market sentiment.
The AI relies on three factors:
- The market recovers after recent uncertainties.
- XRP is used more often for international payments.
- The dragging lawsuit between Ripple and the American Securities and Exchange Commission (SEC) seems almost completed. Both parties have reached a settlement; Only approval by Judge Analisa Torres is still missing.
Analyst warns against sharp decrease
Not everyone shares Gemini’s optimism. Analyst Brett warns that XRP is technically under pressure. According to his analysis, the course has dropped by important advanced averages (EMAs), including the 20, 50 and 100 EMA.
At the moment XRP tests the 200 EMA, often considered the last major support zone. If this level does not last, according to Brett, the price could fall to $ 2.00 or even lower. This makes it also sound an opposite sound in addition to the hopeful AI forecast.
The XRP course is at an important intersection. Where AI predicts a rally towards $ 3.20, technical analysts warn of a possible correction. With the approaching judgment in the lawsuit between Ripple and the SEC in the prospect, June could be decisive.
Source: https://newsbit.nl/xrp-koers-stijgt-naar-320-google-gemini-doet-gewaagde-voorspelling/