AI predicts XRP price for October 31, 2024
After the United States Securities and Exchange Commission (SEC) reignited the legal fight against blockchain company Ripple over its sales of XRP (XRP) with an appeal to a key ruling, many are wondering about the token’s future and artificial intelligence (AI) algorithms are not optimistic. Indeed, the SEC’s legal team has filed a Notice of Appeal of District Judge Analisa Torres’s final ruling from August 7, 2024, which orders Ripple to pay a $125 million penalty for selling XRP to institutional buyers instead of the $2 billion demanded by the SEC, as Finbold reported on October 3. AI’s XRP prediction In this context, Finbold consulted the advanced AI algorithm over at the cryptocurrency monitoring and forecasting platform PricePredictions for the price of XRP on October 31, 2024, and it has set it at $0.488745, predicting further declines by the end of the month. Picks for you ...