Perplexity AI Predicts Price of XRP for Next Week
XRP is currently priced at $2.98, marking a 0.54% increase in the last hour and a 2.60% gain over the past 24 hours, despite recording a 5.54% decline over the past week.
With a market capitalization above $177.3 billion and daily trading volume surpassing $7.18 billion, XRP remains one of the most actively traded assets in the market.
According to Perplexity AI’s latest model, XRP could trade in the $3.05–$3.22 range over the next seven days. The forecast points to strong liquidity inflows and resilient investor interest as potential drivers. However, the model also warns of price volatility, particularly if Bitcoin’s price weakens and drags down the broader market.
Profit-Taking After Overheated Levels
Recent on-chain data explains why XRP’s rally cooled below the $3 mark. Glassnode reported that 93% of XRP’s circulating supply was in profit at its recent peak, a level that historically triggers profit-taking among holders. When over 90% of a token’s supply enters profitable territory, many investors tend to lock in gains, anticipating a potential top.
For comparison, Ethereum’s supply in profit stands at 84.7%, which is still outside the “overheated” zone. This suggests XRP’s sell-off may have been more aggressive because it reached a sharper profitability threshold.
Whale Movements Add Pressure
Market sentiment was further tested on July 17 when Chris Larsen, co-founder of Ripple, reportedly moved $175 million worth of XRP to four wallets. Blockchain analyst ZachXBT noted that $140 million of this eventually made its way to exchanges — a move often interpreted as preparation to sell.
These transactions coincided with Glassnode data showing XRP retreating toward its short-term holder realized price range of $2.30–$2.80. This range represents the average cost basis for traders who entered the market in the past one to three months. When XRP surged to $3.66, these holders enjoyed 20–30% unrealized gains. As prices slipped, many likely opted to secure profits or minimize losses, adding to the selling pressure.
XRP Price Prediction Next Week
Perplexity AI’s forecast expects XRP to remain volatile but within a defined range. The $3.20 mark is seen as a key resistance level, while $2.85 acts as the first significant support. Should Bitcoin maintain stability and ETF-related optimism persist, XRP could test the upper end of the predicted range. Conversely, further weakness in the broader crypto market could see the token revisit the $2.80–$2.85 zone.
For now, XRP’s trajectory will depend on whether buyers can absorb the profit-taking wave and reestablish bullish momentum in the short term.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
