XRP delivered stellar returns in 2017 after it ascended from $0.006 to its all-time high of $3.40 in January 2018. However, it began to tank after reaching its ATH in 2018, unable to recover its high in the last five years.
The SEC sued Ripple claiming that they are conducting a $1.3 billion unregistered securities offering since the token’s creation. The lawsuit is yet to come to an end despite several twists and turns over the years.
Investors are eagerly waiting for the crypto to scale up as it’s been on the back foot for nearly five years. The million-dollar question in the crypto markets now remains ‘when will XRP breach its all-time high of $3.40?’
Also Read: Dogecoin: AI Predicts DOGE Price For January 31, 2023
XRP To Breach Its All-Time High in 2032?
‘Price Predictions‘, a machine-learning algorithm, has forecasted that XRP could breach its all-time high of $3.40 only in 2032. That’s another nine years from today and a long wait for investors who purchased the token at the top.
Also Read: XRP Price: How High Can It Go In January?
The AI predicts that XRP’s price could climb above its January 2018 ATH, and reach $3.54 only in February 2032.
“The XRP price prediction for February 2032 expects that the cryptocurrency may reach a maximum price of $3.43 while the minimum expected price is around $3.37. The average price that is predicted for February is $3.40,” the forecast read.
Also Read: Shiba Inu: AI Predicts SHIB Price For January 31, 2023
At press time, Ripple was trading at $0.34 and is down 0.3% in the 24 hours day trade. It is also down 89.7% from its all-time high of $3.40, which it reached in January 2018.