We Asked 4 AIs: Will XRP Crumble Below $1 in February? The answers worried us

XRP is already down 30% from its peak this month.

After a strong start to the new year, which saw the value skyrocket 30% in a matter of days to a multi-week high of just over $2.40 on January 6, the asset was rejected and driven hard south. The latest correction in the final trading week of January took the stock south to a 14-month low of $1.50 – a level last seen before the surge following the 2024 US elections.

The question we just asked some of the most popular AI solutions is whether XRP is headed to a new low at or below $1.00 soon.

XRP Holds $1?

Gemini was somewhat conservative in its forecast for XRP in February. It noted that after such a prolonged period of elevated volatility, which includes several price moves of 30% in either direction, the asset is likely to enter a consolidation phase. More specifically, it called the coming period “consolidation followed by a decision point.”

In the more favorable scenario for the bulls, this sideways trade could occur around $1.80-$2.00 if XRP manages to recover and hold above the $1.65-$1.70 support during the first week of the new month.

However, if the price fails and falls, bearish continuation is more likely to occur around $1.25-$1.45. Interestingly, Grok also gave an identical price target for the first few weeks of February, suggesting that if the $1.70 bottom breaks decisively, there is “very little volume support until the $1.45 region.” It added that this is the “max pain” scenario for late buyers, essentially dismissing the sub-$1.00 possibility.

$1 or less in February?

ChatGPT noted that XRP is likely to defend the $1.00 level in February. It admitted that the ongoing selling pressure is intense, perhaps due to escalating global tension, reflected in the latest ETF outflows, but believes that the $1.00 target is still a long way from being a real concern for XRP. However, it noted that such an opportunity is still on the horizon for XRP towards the end of the first quarter and the beginning of the second quarter.

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The perplexity was slightly more bearish on the token’s upcoming price performance. It explained that if the geopolitical landscape deteriorates, which could happen within days if the US does indeed attack Iran, XRP, a riskier asset, could enter another nosedive, this time towards $1.00.

However, it also dismissed the possibility of a price drop below that level in February as long as there is no black swan.