The cryptocurrency markets have experienced a period of significant volatility, with Bitcoin and many larger-cap altcoins demonstrating substantial double-digit price increases on a weekly basis, contrasted by equally significant or even more pronounced declines on a monthly scale. As the final month of the year approaches, an analysis was conducted to gauge the outlook for XRP, the third-largest non-stablecoin cryptocurrency, with insights sought from prominent Artificial Intelligence models regarding their predictions for December.
ChatGPT's Perspective on XRP's Trajectory
ChatGPT acknowledged the challenging performance of XRP over the past few months, particularly since its all-time high in mid-July. By October, the asset had lost all of its year-to-date momentum, falling below $2 during the initial market-wide downturn. A subsequent crash in mid-November drove the price down sharply again, reaching approximately $1.80.
Despite these fluctuations, XRP has since recovered to around $2.20. However, it remains slightly in the red year-to-date, a notable outcome given the generally bullish trend of the broader market this year. This period coincided with the resolution of Ripple's protracted legal battle against the US SEC and the launch of several spot XRP Exchange Traded Funds (ETFs) in the United States.
OpenAI's ChatGPT identified the quick reclamation of the $2.00 level following its most recent correction as a positive indicator for XRP. The AI emphasized that this level is crucial for maintaining the long-term trend, stating that a monthly close above $2.00 would keep the existing upward trend intact.
ChatGPT highlighted several factors that could potentially reignite XRP's rally in the coming month: strong inflows into XRP ETFs, stabilization or a more significant recovery in the overall cryptocurrency market, and a resurgence in whale accumulation, which has been notably absent in recent weeks.
The AI's bullish forecast for XRP anticipates a price surge to $2.85. Conversely, its bearish scenario predicts a further decline below $2.00, with a potential monthly low around $1.80.
"December has the potential to be better than October and November, but XRP remains in a fragile position. If the broader market stabilizes, XRP could see a gradual rebound toward the mid-$2 range. However, without a strong catalyst, a full trend reversal seems unlikely before 2026," the AI chatbot concluded.
XRP Outlook from Perplexity and Grok
Perplexity offered a slightly more optimistic outlook. While acknowledging similar catalysts that could drive an XRP rally, its most favorable scenario projected a price surge beyond $3.00, reaching up to $3.40, which would bring it close to its July peak. Perplexity's bearish prediction was also more positive than ChatGPT's, as it did not foresee a drop below $2.00 in December.
Grok, on the other hand, suggested that a decline below $2.00 could occur if the US Federal Reserve does not lower key interest rates or if other geopolitical tensions impede XRP's recent progress. Declining trading volumes and instances where whales might realize profits or capitulate could also contribute to another potential correction, driving the asset towards the November low of $1.80.
Despite these varied predictions, both Perplexity and Grok indicated that they do not anticipate dramatic price surges in the final month of the year, forecasting potential upward movements of between 5% and a maximum of 20%.