Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

Ripple (XRP) registered an impressive performance in Q1 of 2023. In fact, the altcoin rallied from $0.300 to $0.5298, appreciating by over 75% on the charts. The aforementioned hike was partly due to Bitcoin’s [BTC] rally. Additionally, investors are now really upbeat about Ripple Labs’s likely lawsuit victory against the SEC. 

Even so, better price action analysis and trade outcomes could become more difficult for XRP. The situation is complicated as the lawsuit draws closer with different nuances and counter-arguments being issued, triggering markets.

An AI solution can certainly be used to attain some clarity, specificallyF ChatGPT. OpenAI’s ChatGPT is a generative AI model that has gained massive traction since its initial rollout with use cases across many industries. Can it be helpful in XRP price analysis and prediction? Well, the answer is surprisingly basic.

XRP fundamental analysis using ChatGPT

We asked ChatGPT to give us a fundamental analysis of XRP and it offered a detailed answer, as shown.

This is the shorter version of the response –

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Author: Suzuki Shillsalot

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