How High Can Ripple (XRP) Go With Gary Gensler Out of the Picture? (AI bot analysis)

TL:DR;

The number one enemy of Ripple and many other cryptocurrency projects in the US is coming out in January. XRP already reacted with a massive surge following the news, but how far can it go? This is the answer from ChatGPT and Perplexity.

Gensler Leaves, XRP Surges

The current chairman of the US Securities and Exchange Commission announced the long-awaited news Thursday evening that he will leave his post at the agency on January 20, 2025, the day President-elect Donald Trump takes office.

The Commission has been in a nearly four-year battle against Ripple, which appeared close to a resolution in the summer of 2024, but faced another extension when the SEC appealed an earlier decision in 2023. As such, many began to speculate that the only way the lawsuit would be concluded would be if Gensler and the current SEC leadership left.

Gensler’s announcement led to an immediate XRP price reaction. The token settled below $1.2 on Thursday evening, but shot up to $1.4 on Friday and above $1.6 today, marking a 35% rise in just a few days. While there may be other reasons behind this impressive rally as well, the most likely seems related to Gensler’s impending exit from the SEC.

where is the top

The entire crypto market has been on a massive run since Trump won the election a few weeks ago. It has added more than $1.2 trillion since then, and XRP is among the top performers, especially in the last 10 days.

While there are numerous predictions from the crypto community about XRP’s potential potential during this cycle, we decided to ask two of the most popular AI chatbots, Perplexity and ChatGPT, for their thoughts on the matter.

The perplexity outlined the changing market sentiment, which has turned very bullish of late. He highlighted the growing possibility of a resolution of the Ripple-SEC lawsuit now that Gensler will no longer be leading the latter as a potential propellant for an even more impressive rally for XRP.

A potentially better and friendlier crypto policy from the Trump administration could also bring gains. Accordingly, Perplexity concluded that XRP could “potentially reach $5 if favorable regulatory changes occur and if investor sentiment continues to improve.”

After finding out the same reasons, ChatGPT provided a more modest short-term prediction for XRP of $1.96. If this resistance level is broken, the AI ​​chatbot stated that the next target will be $2.4. However, he cautioned that price predictions for the ever-volatile crypto market are a dangerous game and people should do their own research before jumping on any current trend.

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