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.
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.
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) 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
Major cryptocurrencies are capturing significant attention as influential investors shift focus toward assets with promising…
Cryptocurrency investors are on the hunt for digital assets that can deliver exponential returns in…
BOOM! The Trump administration just smashed open the gates for the crypto bull run of…
In a recent development, SEC Chair Gary Gensler attempted to frame his regulatory actions against…
XRP is experiencing a historic rally in the cryptocurrency market, fueled by optimism over regulatory…
The cryptocurrency landscape is abuzz with anticipation as certain tokens hint at remarkable growth. Memecoins…