OpenAI’s introduction of GPT-3 in late November exposed over a hundred million internet users to artificial intelligence. This advancement allows people to interact with AI, a concept that has long been portrayed in movies.
Popular applications have leveraged AI integration to streamline various tasks, making them more accessible and efficient.
AI in Price Predictions: A Natural Extension of Its Versatility
Artificial intelligence finds application in various fields, from text summarization to advanced visual editing. It has even made its way into customer service bots. Given its wide-ranging usage, leveraging AI for price predictions seems like a logical extension of its capabilities.
XRP’s recent legal victory, where it was ruled not to be a security, sparked interest among institutional investors, causing its price to briefly surge above $0.93. However, it couldn’t sustain this level for long.
The website PricePredictions, supported by an advanced AI algorithm, predicts a future price increase for XRP from its current $0.7 value. The AI tool utilizes various indicators like MACD, ATR, RSI, and Bollinger Bands, suggesting an upward trend above $0.71.
Despite the victory, XRP remains well below its all-time high of $3.84 in 2018, and its increasing circulating supply makes reaching that price target unlikely. With a total supply of 100 billion, hitting $5 would require Bitcoin’s current market value to surpass it. Therefore, targets of $2-3 may be unrealistic even if the lawsuit is resolved entirely.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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