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Largely thanks to being the first big cryptocurrency targeted by the U.S. Securities and Exchange Commission (SEC) that wasn’t part of an initial coin offering (ICO) and Ripple Labs’ decision to contest the regulator’s claims, XRP has been one of the more talked-about tokens in recent years.

Interest in the cryptocurrency only spiked in 2023 thanks to a string of legal victories against the SEC, though, by 2024, it became obvious that the fight was far from over and its outcome far from certain.

Nonetheless, the token has been near the epicenter of the current crypto market optimism and even managed to add more than $1 billion from investors within a single day as recently as February 15.

Still, with persistent uncertainty about its future and high hopes that it may finally surge upon a final victory against the regulator, Finbold decided to seek some clarity about XRP’s faith from Microsoft’s (NASDAQ: MSFT) advanced artificial intelligence (AI) platform – Copilot.

All three of the AI’s voice styles between Creative, Balanced, and Preciase were asked to analyze the token and all three offered a unique and sometimes surprising perspective.

Balanced Copilot sees moderate growth

After assessing the historical performance of XRP and relevant past events, the balanced tone of Copilot estimated that a combination of regulatory clarity, the current crypto market trend, and the token’s continued utility in cross-border payments are likely to lead to a rally for the cryptocurrency.

Still, the AI considered the competition to be stiff and the future uncertain enough that it initially offered a price range between $0.60 and $1.20 for XRP at the tail end of 2024. Given that XRP’s press time price stands at $0.57, the projected growth is not only moderate, but the range is large enough that it doesn’t constitute a compelling assessment.

Still, Copilot was more than willing to narrow its prediction down – though it warned that it would make the prediction even less reliable. According to the AI, the most likely trajectory for XRP would see gradual growth paired with the likely increase in regulatory clarity and a sustained positive market sentiment, leading it to a December 31, 2024, price range between $0.60 and $0.70.

Creative copilot is very conservative

Perhaps surprisingly, Copilot’s creative tone proved both precise and conservative in its estimate. After looking up what is expected of XRP throughout 2024, it concluded that the token is likely to see moderate growth throughout the year – but also that persistent uncertainty will stifle its rise somewhat – and settled for a December 31 range between $0.60 and $0.80.

When asked to further narrow its estimated range, Copilot stated that doing so presents a tough challenge but ultimately settled for a price range squarely in the middle of its previous forecast – XRP is expected to stand somewhere between $0.65 and $0.75 at the end of 2024.

Precise Copilot offers a more bullish case

The AI’s precise tone proved close in its estimate to the balanced voice but more bullish. Upon examining XRP’s merits and past performance – including its 52-week range which saw it drop as low as $0.20 and go as high as $0.94, per Copilot’s data – it settled on a year-end range between $0.75 and $1.25.

While also choosing the middle price point when asked to narrow down the range, the precise tone was decidedly more bullish than its two counterparts, and it decided that XRP is likely to find itself somewhere between $0.85 and $0.95 on December 31, 2024.

XRP price analysis

While the end of 2024 is still away and predicting the price of XRP for December 31 is indeed difficult – especially in the context of the ongoing legal battle between the SEC and Ripple – the token has so far been following a trajectory similar to the rest of the crypto market.

Indeed, XRP is 9.35% in the red year-to-date as it experienced a significant drop in the aftermath of the approval of nine spot Bitcoin (BTC) exchange-traded funds (ETFs) – a period which saw $100 billion wiped from the crypto market in less than two weeks.

More recently, however, XPR has again been on the rise, with the last 30 days seeing it drop to approximately $0.50 but also subsequently erase most of these losses. In the last 7 days of trading, it is 8.58% in the green, and it rose 4.01% to $0.57 in the last 24 hours.

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