I asked ChatGPT XRP’s price prediction – “Coin could hit $1.5 or $10K by…”

ambcrypto.com:

Ripple’s [XRP] performance has been subdued since the U.S. Securities and Commission [SEC] lawsuit in 2020. In fact, since the case, Bitcoin’s [BTC] subsequent price rallies haven’t pumped XRP like other altcoins. 

However, XRP outperformed BTC on weekly charts at press time, rallying 15% compared to BTC’s 5%, according to CoinMarketCap. The impressive performance was due to renewed optimism that Ripple may win the lawsuit against SEC. 

The Judge uses abnormally strong language, stating that the U.S. regulators themselves cannot even agree on what criteria to use in deciding whether crypto is a security (Fair Notice).

…

We are getting close… https://t.co/zvLQ5zEWUV pic.twitter.com/0nCSMVuG0C

— Jeremy Hogan (@attorneyjeremy1) March 20, 2023

But 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.

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 Ripple [XRP] price analysis and prediction? Well, the answer is surprisingly simple. 

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

Source: ChatGPT

This is the shorter version of the response –

Source: ChatGPT

Fundamental analysis is one of the basic ways to determine an intrinsic value of an asset. Given the ongoing U.S. SEC lawsuit against Ripple Labs, understanding the impact of ruling scenarios on XRP’s value