XRP: Can a Robot Tell You When to Buy?

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XRP is Having a Moment (and Possibly a Bit of a Noodle)

Right, so XRP. It’s been having a bit of a wobble – a happy wobble, mind you, up a positively eyebrow-raising 32.5% last week! 📈 It was briefly fancying itself as the third-largest cryptocurrency. Naturally, this caused a brief existential crisis for number four. We shall see how long that lasts.1

Now, for those of us who *didn’t* buy in at the first whiff of potential, the question becomes: when do we jump in? Do we risk looking like those chaps who bought Beanie Babies just as the market corrected? A truly unsettling thought.

Please, before you start doing cartwheels and emptying your savings account, a vital disclaimer: this isn’t financial advice. It’s barely a suggestion. Think of it as a slightly eccentric guide from someone who enjoys numbers, but also occasionally sets off the smoke alarm whilst making toast. 🍞💨

Or, Squiggly Lines and Hope

  • Moving averages (which, according to some, predict the future. I remain skeptical.)
  • Relative Strength Index (because apparently, “strength” can be measured numerically. Go figure.)
  • Support and resistance levels (the invisible walls that, naturally, sometimes move just as you’re about to bounce off them.)

We bravely attempted this ourselves. Behold! XRP Chart - Probably Meaningless

Gathering the Noise

  1. What’s the general mood regarding XRP?
  2. What’s the market doing?
  3. How do those two things relate?
  4. Consider the chart I’ve uploaded and tell me what that means.
  5. Suggest a trading strategy for different risk profiles.

On-Chain Data: Digging Deeper (and Possibly Finding More Questions)

It’s not just about charts and tweets, oh no. ChatGPT can also try to make sense of on-chain data—the flow of XRP in and out of exchanges, and so on. More data, more confusion!

Increased exchange inflows usually suggest people are selling. Outflows? More people holding onto their XRP with a desperate grip. 😬 So, feed that info to ChatGPT and see what insightful pronouncements it comes up with.

Ultimately, and I cannot stress this enough, none of this is financial advice. You’re on your own, chum. ChatGPT is a tool, a very enthusiastic, occasionally inaccurate, and certainly verbose tool. Use it wisely. And maybe keep a supply of tea and biscuits nearby. ☕🍪

1 It probably won’t. Markets are fickle things.

2 Prepare for a lot of noise. And possibly some conspiracy theories. You have been warned.

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2025-07-19 09:57