XRP holders won’t be impressed with what the new version of ChatGPT expects next

After the latest rejection, Amnesty International said the chances of unloading less than $1.00 are very high.

It was difficult to imagine in mid-May how much the cryptocurrency landscape would change for the worse in such a painful way in the following three weeks. Aside from Bitcoin, which fell below $60,000 for the first time since November 2024, and Ethereum falling to a 14-month low, XRP also fell below crucial support levels and hit a 19-month low of less than $1.10 on Friday.

The question now is whether this latest defense above the crucial psychological level at $1.00 will hold, or whether the cross-border token is headed toward an inevitable collapse into cents territory.

What happens when bears take full control?

The new version of the popular AI solution indicated that the most realistic first downside target is at $0.90 if the XRP price drops below $1.00 soon, which seems more likely given the current market conditions. For reference only, Bitcoin I collapsed Below $60,000 earlier today, reaching its lowest price since before the US elections in late 2024.

The price of XRP has also fallen to its lowest level since those eventful days in November 2024, currently sitting under $1.10. After breaking below the last major support level, the focus is now on the $1.00 level; Another leg down that she could test soon.

ChatGPT added that if the coin does fall to $0.90, this would represent another 18%-20% decline and would likely coincide with continued weakness across the market.

However, it has set lower targets if the bulls pull back completely, with the most bearish option seeing the asset fall to $0.75-$0.80.

The capitulation scenario envisions another drop to $0.60, but this remains a “low probability outcome.”

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“For XRP to collapse to this extent, investors would likely need to confront a combination of macroeconomic turmoil, a broader crypto bear market, and the disappearance of key bullish narratives such as ETF optimism and institutional adoption,” the AI ​​platform noted.

Violent recovery?

ChatGPT also offered a different view, which explains that XRP may be “approaching the point where conditions become favorable for a relief rally.” Based its expectations on some historical developments, especially last June during the midterm elections in the United States, the report explained that “pessimism often precedes major periods of recovery.”

Thus, I have identified a possible and quick recovery to $1.25 and even $1.40 if buyers succeed in defending the $1.05-1.10 support area, which we will see in the coming days or even hours.