The post We Asked DeepSeek if Ripple (XRP) Can Hit New All-Time High This Year appeared on BitcoinEthereumNews.com.

TL:DR; XRP became one of the top performers of 2024, and the start of 2025 was also quite promising as it came just 1% away from its all-time high of $3.4. It has retraced since then, and the question now is whether it will be able to go into uncharted territory this year. Here’s DeepSeek’s answer. XRPUSD. Source: TradingView 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 departure announcement from 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, at just 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…

---

Filed under: News - @ February 1, 2025 10:21 am