We Asked DeepSeek if Ripple (XRP) Can Hit New All-Time High This Year
2025-02-01
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TL:DR;
XRP to New ATH Finally?
The daily chart above shows that XRP was stuck below $1 for years, and it was predominantly trading within a tight range between $0.35 and $0.6. It stood close to the latter as the US elections took place, but once it became known that Donald Trump will return to the White House, Ripple’s cross-border token exploded in value.
More positive news for the company behind it came from Gary Gensler’s departureannouncementfrom the SEC, and this sent XRP further north. By the year’s end, the token had neared $3 and broke above it in January. Its peak came in the middle of the month, atjust under $3.4, which is the 2018 ATH, according to CoinGecko.
Since then, XRP has been unable to push further and is even close to breaking below $3. However, there are more positive speculation in the US about its future, including a possible resolution of the SEC lawsuit as well as its introduction into strategic crypto reserve in the country.
DeepSeek, which made the headlines earlier this week by possibly becoming a cheaper version of ChatGPT, outlined the lawsuit against the US securities regulator as the most important factor behind another XRP rally.
“The ongoing lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has been a significant overhang on XRP’s price. A favorable outcome for Ripple could lead to a surge in XRP’s price as it would remove a major uncertainty.”Other Factors
DeepSeek also mentioned the overall regulatory environment not only in the US but across the globe. Positive news on that front could “boost investors’ confidence,” especially those who tend to stay away from the uncertainty regarding XRP’s status in the States.
This could also enhance the XRP adoption rates, as well as lead to more strategic partnerships for the company behind it. The AI chatbot further indicated that the overall market conditions, meaning mostly BTC’s price movements, have to remain as bullish as they were in the past few months or even go beyond for XRP to resume its rally.
Lastly, DeepSeek said XRP could benefit a lot from an altcoin season. It’s currently the second-largest alt and, given ETH’s underperformance lately, could be among the leaders in terms of further gains against the dollar and BTC. However, there have been many industry experts who doubted the existence of an altseason under the current market conditions.
In conclusion, the ChatGPT alternative said it’s quite probable that XRP can indeed reach a new all-time high this year, but it needs the alignment of at least a few of the aforementioned factors.