Artificial Intelligence is essentially getting computers to think like humans in terms of cognitive abilities. Artificial intelligence is all about getting machines react to suggestions or inputs in the way humans do with the goal of perform major tasks and solve problems without the need for human intervention.
The earliest form of artificial intelligence that comes to mind is IBM’s Watson. In 2011, IBM Watson, beat the two all-time best Jeopardy players. Even years before that, in 1997, IBM supercomputer, Deep Blue made history as the first computer to beat a world champion in a six-game match.
Elon Musk went on record a couple of years ago stating that he believes it’s highly likely that artificial intelligence will be a threat to people and that there will be a few major companies that end up in control of AI systems with “extreme” levels of power.
In a recent interview with Yahoo Finance Editor-in-Chief Andy Serwer, the billionaire, Mark Cuban said the impact of artificial intelligence across different industries and cultures will surpass the wide-ranging effects of some previous technologies, including personal computers, mobile, even the internet. But it’s already having an impact….from Alexa, to Siri to translating Facebook posts into different languages, etc.
But can it predict where stock prices will be in the future? What about predicting the price of XRP?
Despite the current decline in the price, the WalletInvestor website indicates the possibility of XRP getting into active growth.
Despite the current decline in the price, the WalletInvestor website indicates the possibility of XRP getting into active growth. According to the AI service data, the price of the token will increase to around $ 0.65 in 2020.
Unfortunately, this value is far from being consistent with the forecasts of the crypto community representatives. Some of them predict a price of at least $1. However, this is just a forecast and no one knows how the token will actually act.
As the main conference for the Ripple community came closer, many analysts promised a doubling of the XRP price. However, during and after the conference, the XRP failed to reach new heights. Today, the token is being traded at $ 0.26. If the cryptocurrency does not consolidate at this level, it will roll back to support near $ 0.25 or even lower ones.
Before any prediction comes true or doesn’t come true, price will first have to contend with the daily demand at $0.23 and the sellers at the $0.40 level.
This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.