I asked ChatGPT XRP’s Price Prediction after SEC-Ripple lawsuit and it said…

ambcrypto.com:

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. 

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

Source: ChatGPT (fundamental analysis of Ripple)

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 is key.

So, we went back to our AI buddy and interrogated it about its understanding of the potential impact of the lawsuit on investors holding XRP. 

Source: ChatGPT

As initially observed, the recent market rally has boosted XRP like the other altcoins. However, it hasn’t appreciated by much, denoting investors’ reservations. The lawsuit has made investors nervous after it prompted exchanges like Coinbase to delist XRP from their platform. However, if Ripple wins the case, the exchange recently hinted at plans