ChatGPT predicts altcoin price in 2024
IMPORTANT POINTS:
- Artificial intelligence OpenAI has identified three possible scenarios for the development of XRP with different expected prices.
- The Ripple cryptocurrency ended 2023 with an increase of almost 85%, becoming one of the most profitable assets.
- In the most pessimistic context suggested by ChatGPT, XRP is in the range of $0.80 to $1.20.
2022 was marked by the collapse of the FTX exchange, which led to a “crypto winter”, and 2023 ended with strong growth of the main cryptocurrencies in the market.
In this context, XRP was one of the most winning coins since an increase of almost 85%. The rally was driven by partial wins ahead of the SEC and support offered by Bitcoin.
In any case, the legal future of Ripple is not yet determined, and 2024 makes investors optimistic and cautious at the same time.
ChatGPT and scripts for XRP
ChatGPTOpenAI artificial intelligence platform identified three different altcoin development scenarios in different price ranges on January 2.
Most optimistic scenario: AI Predicted That Defeating the SEC Could Send Cryptocurrency to the Numbers 4 US dollars and 6 US dollarswhich is significantly higher than the ATH achieved in January 2018, when it exceeded $3.30.
Moderate: Here ChatGPT has calculated that the market will be mixed and has set the price above the year’s high by approximately 2 US dollars.
Conservative: In this context, the AI platform predicts that the legal battle against the SEC will not be completely resolved and the market will become turbulent. Therefore, it is expected that XRP will trade between $0.80 and $1.20.
There are two important things about these predictions: first, ChatGPT. This in no way indicates that Ripple will lose the legal battle. with the regulatory body, and two, all scenarios point to an increaseas XRP is currently trading at $0.62.