AI Models Forecast XRP Price Drop to $0.97 in Early September
Artificial intelligence (AI) models are predicting that XRP may dip below $1 in early September due to bearish sentiment and technical weakness. According to forecasts from multiple models, XRP could fall to around $0.97 by September 1, indicating a nearly 3% drop from current prices.
This bearish outlook aligns with XRP's recent downtrend since June, where it has struggled to maintain gains above $1. Despite the negative sentiment in crypto communities, on-chain activity shows increased wallet participation, hinting at potential accumulation.
XRP remains under pressure, trading below key moving averages, but a low RSI suggests selling momentum might be easing soon.