XRP price to $10–$50 'plausible' if spot ETF approved, ChatGPT says

XRP (XRP) price hit a new all-time high of $3.38 on Jan. 16, outperforming most other cryptocurrencies over the past few days.

XRP’s amazing rally has left market participants wondering how high its price can go in 2025, particularly if a spot XRP exchange-traded fund (ETF) is approved.

XRP/USD weekly chart. Source: Cointelegraph/TradingView

AI sees double-digit XRP prices ahead

With XRP above $3, ChatGPT says that spot ETF approval could have a “moderate” impact on price, with a target of $5 and $10. 

This represents a scenario where the approval of the ETF drives moderate capital inflow from retail and institutional investors while the broader crypto market sentiment remains neutral to positive, and the regulatory environment is clear. 

In an extremely bullish scenario, a hype-driven rally could push XRP price within the $50 and $100 range. This parabolic rise would depend on several factors, including large institutional capital inflows, investment, global market adoption, and ETF-triggered speculative buying frenzy similar to Bitcoin (BTC) during peak bull market phases.

ChatGPT:

Reaching $10–$50 is plausible in the medium term under bullish conditions, with higher levels in speculative scenariosIn a more bullish scenario, XRP price could hit $30, fueled by high demand from institutional players such as asset managers and pension funds, substantial growth in XRP Ledger’s utility in cross-border payments, and favorable macroeconomic conditions. 

A similar analysis by Grok, the generative chatbot developed by xAI, estimated a conservative figure of $5 for XRP price, based on similar percentage increases in Bitcoin’s price (66%) following the approval of spot Bitcoin ETFs on Jan. 10, 2024.

In a more optimistic scenario, Grok sets a more conservative figure than ChatGPT of $10-$15 in the current bull cycle, reflecting expectations of significant institutional inflows.

Grok:

With XRP at $3, ETF approval could still lead to a significant price increase, potentially ranging from a modest push to around $5 in conservative scenarios to more ambitious targets if market conditions are extraordinarily favorable.

Conversely, both chatbots warned investors of potential risk factors that may cause XRP’s value to drop even if a spot XRP ETF is approved. 

Traders should also be wary of the “buy the rumor, sell the news” effect, where “traders who entered below $3 might sell at higher prices, causing temporary pullbacks,” ChatGPT writes.

For example, this “sell-the-news” event occurred after BTC price rose gradually in anticipation of the approval of the first spot Bitcoin ETF in the US. Shortly after the launch, though, the price dropped by 21% from a high of $49,048 on Jan. 11, 2024, when they made their market debut, to a low of $38,505 on Jan. 23, 2024.

XRP ETF could propel price to $20 — analysts

Meanwhile, an analyst at JPMorgan has forecasted that a spot XRP ETF could attract between $3 billion and $8 billion in inflows.

This influx of capital can propel XRP’s price substantially higher, potentially aiming toward or beyond the $5-$8 range.

Additionally, popular analyst TheCrypticWolf said on X that XRP price can target between $10 and $16 this cycle.

“The ETF rush will definitely usher in billions of dollars.”

Fellow analyst CrediBULL Crypto speculates on a higher target, suggesting $20 per XRP in the longer term.

Hopes for a spot XRP ETF emerged after Donald Trump emerged victorious in the US presidential election on Nov. 5, 2024. As a result, most analysts expect major regulatory changes that will likely benefit the crypto industry across the board.

Data from Cointelegraph Markets Pro and TradingView shows XRP price trading above $3.20, up 19% over the last 24 hours, after rumors emerged that the incoming Trump administration is considering a US-based crypto reserve, potentially prioritizing coins like Solana and XRP.

🇺🇸 BREAKING: Trump considers US-based crypto reserve, potentially prioritizing coins like Solana and $XRP. pic.twitter.com/Lwix7XGrHx

— Cointelegraph (@Cointelegraph) January 16, 2025

Investment firms like Bitwise, Canary Capital, 21Shares, and WisdomTree have already submitted their spot XRP ETF proposals. 

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.