Logo
Cardano Ecosystem

Timestabloid

12/12/2023

·

237 views


ChatGPT Picks XRP, ADA, and ETH As Cryptos With Potential To Skyrocket Before Christmas - Times Tabloid

With the year almost elapsing, sentiment about the possibility of a potential altcoins bull season seems to abound. Notably, Bitcoin appears to have slowed down previous momentum that saw it attain remarkable price spikes, paving the way for altcoins to turn the tide in their favor.  While the above remains speculative, the possibility of such […]

ChatGPT Picks XRP, ADA, and ETH As Cryptos With Potential To Skyrocket Before Christmas - Times Tabloid

With the year almost elapsing, sentiment about the possibility of a potential altcoins bull season seems to abound.

Notably, Bitcoin appears to have slowed down previous momentum that saw it attain remarkable price spikes, paving the way for altcoins to turn the tide in their favor. 

While the above remains speculative, the possibility of such playing out can not be downplayed as it has become a usual occurrence in the crypto sphere.

Read Also: ChatGPT Sets Terra Classic (LUNC) Price For December 31, 2023

Amid the growing presumptions, ChatGPT, a renowned artificial intelligence (AI) chatbot model, was recently quizzed about cryptocurrencies and their potential to explode before Christmas. 

This insight shall reveal ChatGPT’s choices for top cryptocurrencies that have the potential to surge significantly before Christmas. 

XRP On The Verge Of Outperforming Binance Coin (BNB)

ChatGPT noted that XRP’s recent impressive form has seen the token edge closer to BNB in terms of market capitalization. For context, BNB’s market capitalization is $37,427,223,866, while XRP’s is $33,197,892,009.

In addition, XRP’s price range was pegged between $0.538 and $0.711. The 10-Day Moving Average was estimated at $0.625, and the 100-Day Moving Average was $0.558. 

Describing price support levels, ChatGPT noted that it would be between $0.288 and $0.470. Resistance price marks were highlighted to be between $0.815 and $0.988.

Meanwhile, the AI chatbot noted that the coin’s growth trajectory might hit stiff impedances from regulatory challenges and market volatility.

We are on twitter, follow us to connect with us :- @TimesTabloid1

— TimesTabloid (@TimesTabloid1) July 15, 2023

Whale Transfers Propelling Ethereum (ETH) Price Actions 

Ethereum has witnessed significant pumps in market values following the activity of a dormant whale that transferred considerable ETH tokens to an exchange. 

Apart from aiding ETH appreciation in value, whale activities have also boosted interest and potential liquidity movement in the Ethereum market. However, the actions of whale investors could be detrimental as they could result in volatility. 

Meanwhile, describing Ethereum price patterns, ChatGPT noted that the coin’s current price range is between $1,841 and $2,346. It stated that the 10-day Moving average is at $2,203 while the 100-day Moving Average remains fixed at $1,793. 

ChatGPT added that the resistance levels are at $2,347 and $2,705. While the support levels were $1,272 and $1,630.

Read Also: ChatGPT Shares XRP Attainable Price Points For 2023 and 2024

Cardano (ADA) – Not Be Underrated 

Cardano (ADA) introduced new updates to its wallet to circumvent some drawbacks while enhancing overall user experience and functionality. However, ChatGPT noted that the key to ADA’s sustained expansion would depend solely on continuous user acquisition and consistent innovation.

Per chatGPT, ADA is changing hands between $0.303 and $0.586. It boasts a 10-day Moving Average of $0.412 and a 100-day Moving Average of $0.303. 

Support levels were hinged between $0.106 and $0.231, while resistance levels were between $0.481 and $0.606 price levels.


Follow us on Twitter, Facebook, Telegram, and Google News

Chinedu Agbakwusi

Chinedu Agbakwusi

Chinedu Agbakwusi is a medical student at the prestigious Nnamdi Azikiwe University with sound knowledge of the crypto space. I am here to be a reliable plug for well-researched crypto content ranging from crypto news to market analyses and blockchain inventions.

AD

Delegate Your Voting Power to FEED DRep in Cardano Governance.

DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!


Read Original Article on Timestabloid

ORIGINAL SOURCE

https://timestabloid.com/chatgpt-picks-x...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from Timestabloid

See more
Cardano’s UTXO Model Outclasses Ethereum’s Account Model. Here's Why
Timestabloid
Cardano’s UTXO Model Outclasses Ethereum’s Account Model. Here's Why

last Wednesday at 5:05 PM

·

11 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)