AI Predicts XRP’s Price When Trump Takes Office on January 20

Ripple’s XRP token is currently outperforming the top 10 projects by market cap. The asset had an incredible year in 2024, breaching the $2 mark for the first time in nearly seven years. Ripple also settled its lawsuit with the SEC with a $125 million fine.

XRP’s price is up 10.5% in the daily charts, 5% in the weekly charts, and 274.8% since January 2024. Despite the rally, the asset has faced a 9.1% correction over the previous month.

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Why Is XRP Rallying?

XRP’s latest price spike follows a general market upswing. The cryptocurrency market seems to be recovering from its recent correction. Bitcoin (BTC) has reclaimed the $95,000 level after falling below $93,000.

XRP’s rally could be due to President-elect Donald Trump’s inauguration inching closer. Trump will be inaugurated into office on Jan. 20, 2025. Trump’s victory in the US Presidential election led to a significant market rally. Many anticipate an extended bull run under Trump’s leadership. XRP may witness a significant price bump over the next few weeks.

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AI Predicts The Asset’s Price When Donald Trump Takes Office

According to CoinCodex, XRP will hit $2.54 on Jan. 20, 2024. Hitting $2.54 from current price levels will entail a rally of about 7.63%.

The platform does not anticipate the asset’s price to stall after Trump’s inauguration. CoinCodex anticipates XRP to hit never-before-seen levels. The platform predicts the asset to trade at $4.63 on Mar. 19, 2024. Hitting $4.63 from current price levels will translate to a rally of about 96.19%.

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XRP’s price may continue rallying throughout this year. WisdomTree has applied for a spot ETF. If approved, the underlying asset could breach the $10 mark.