- ChatGPT is bullish on XRP
- However, its limitations need trader’s moderation to get better results
XRP’s performance has been subdued since the U.S Securities and Commission’s [SEC] lawsuit against Ripple Labs in 2020. In fact, since the lawsuit, Bitcoin’s [BTC] subsequent price rallies haven’t pumped XRP like other altcoins.
For example, BTC hiked by 30% over the last seven days, pushing most altcoins to appreciate by double-digits. However, XRP only hiked 4.5% over the said time period. It shows better price action analysis and trade outcomes could become more difficult for XRP, especially for beginner traders.
Comes in an AI solution – ChatGPT, to be specific. 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 simple.
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 –
Go to Source to See Full Article
Author: Suzuki Shillsalot