ChatGPT predicts XRP's price will hit $1.50-$2.50 but it hasn't been able to sustain the price rally it generated following the court victory.
“The Court will seek to schedule a jury trial for the second calendar quarter of 2024.”
We had earlier asked ChatGPT about the performance of XRP in the face of SEC’s lawsuit against Ripple Labs. We had interrogated our AI buddy about itsChatGPT had acknowledged difficulty in predicting the accurate outcome and impact of the lawsuit. After reaching its peak, XRP’s price began to decline and remained relatively stable for several months before experiencing another surge in late 2018, rising to around $0.75 in November of that year.
In 2021, XRP’s price fluctuated, reaching a high of around $1.96 in April before dropping again in May and June. However, in November 2021, XRP’s price registered another surge, reaching a high of around $1.40. The July judgement has given a boost to its price action, but the token’s value has plummeted since then.Both XRP’s Relative Strength Index and Money Flow Index rested below the neutral 50-mark. ItAs far as we can see, the bears seem to be pulling down the bulls here.ChatGPT’s shortcomings and strong points
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