Topic: Predictiing Cryptocurrency price.. Is it possible? - page 12. (Read 4161 times)
Previously, the market opened mainly long positions-this pushed the price up.After the fall of the market-many small investors were disappointed and left the market, someone ran out of money and remained mostly speculators.Many of them open short positions to earn,thereby reducing the cost of bitcoin.
We can't predict cryptocurrency market with based of only 2 criteria historical volume trends and historical price trends.
Because this is unpredictable market and it can changed a dramatically that we can't imagine.
In other words, the price of cryptocurrency is influenced by many things not just price history, there are many aspects that affect prices, Because this is unpredictable market and it can changed a dramatically that we can't imagine.
even the economy of a country can be an influence on the crypto market. Thats why sometimes prices on the market are unpredictable..
The price of crypto still driving by the speculators.
The price of cryptocurrencies can be predicted but only ends up on prediction because no one can dictate the price .only the market can dictate depends on demand of users of cryptocurrency.
yes, prediction is only an antisiapi or our preparations to overcome what can happen, but in fact nobody knows.but usually if there is good or bad news, the market will be more predictable because investors are sometimes affected by outstanding fud.
I don't think anybody can predict what will be the next price of a coin or token. The price trend maybe gives us the best insight on what will be the price but doesn't guarantee it will be accurate. Price will be dictate by the traders and in some cases price can be manipulated by the trading bot in some exchanges.
If you do not take into account unforeseen world events, then the price of cryptocurrency can be predicted thanks to mathematics and various kinds of analysis (news, technical, adaptive).
The price of cryptocurrencies can be predicted but only ends up on prediction because no one can dictate the price .only the market can dictate depends on demand of users of cryptocurrency.
I am sure that the prices in the crypto market are controlled by the largest coin owners. It is in their power to increase or decrease the amount of coins sold, which directly affects the fall or rise in prices.
Predictions are valid only when pricing in the market occurs spontaneously. In our situation, however, it is impossible to predict with great precision.
Predictions are valid only when pricing in the market occurs spontaneously. In our situation, however, it is impossible to predict with great precision.
Anyone can make predictions about anything. Maybe the point is the precision and accuracy of the prediction. Crypto is very unpredictable, so it will be very difficult to make a precise prediction, but its possible if you based your predictions on previous trends and historical data. Actually some people already make a precise predictions about crypto and it happens.
No one can tell what the coins price would be but you may try to dyor at any coin you are planning to invest in. In that case you might have more chances of winning than losing.
Am afraid not at this current market situations. You could lose way more than anticipated. When the markets were a little bit stable, price forecasting and analysis were much more dependable. But now, even the seasoned professionals have found it extremely difficult to achieve because at this point in time, the market is being controlled by emotions leading to panic selling or hasty decisions making it difficult for forecasters.
The exact price forecast and the market exit forecast from the bearish trend can only be assumed. I for example think that the price of Bitcoin before the end of this year will rise to 7000 or 8000 dollars.
In short term yes, by watching at the graph and predicting the next move with trading indicators.
In long term no because there are so many factors and you can´t predict them all
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In long term no because there are so many factors and you can´t predict them all
. 1) Historical price trends
(2) Historical volume trends. So, there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.
What is your view about Cryptocurrency price?
These two recommendations sometimes can help to predict, but what makes cryptocurrency unpredictable to an extent, is because of its volatility. I have also noticed that there are set times for uptrend and downtrend of some coins.(2) Historical volume trends. So, there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.
What is your view about Cryptocurrency price?
Most times, even after studying the market trends using those analytical factors, it will better to also study are see the different trend for two consecutive.
I don't think anybody can predict what will be the next price of a coin or token. The price trend maybe gives us the best insight on what will be the price but doesn't guarantee it will be accurate. Price will be dictate by the traders and in some cases price can be manipulated by the trading bot in some exchanges.
We can't predict cryptocurrency market with based of only 2 criteria historical volume trends and historical price trends.
Because this is unpredictable market and it can changed a dramatically that we can't imagine.
In other words, the price of cryptocurrency is influenced by many things not just price history, there are many aspects that affect prices, Because this is unpredictable market and it can changed a dramatically that we can't imagine.
even the economy of a country can be an influence on the crypto market. Thats why sometimes prices on the market are unpredictable..
The price of crypto still driving by the speculators.
Yes I think its possible because crypto has its own history and based on its history, we can analyze it and look for some pattern or trend that happens periodically. Based on your findings, you can make an educated prediction or guess. But take note that crypto is volatile in nature so we cannot expect that our prediction will happen as exactly as it is.
As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends
(2) Historical volume trends. So, there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.
What is your view about Cryptocurrency price?
I think these thread had some valid points. Because i frequently used some of those information like comparing from previous historical data- like previous price, 24 hours high and lows, volume, until now im still using this method when im doing day trading on my favorite exchange like Binance. (2) Historical volume trends. So, there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.
What is your view about Cryptocurrency price?
We can't predict cryptocurrency market with based of only 2 criteria historical volume trends and historical price trends.
Because this is unpredictable market and it can changed a dramatically that we can't imagine.
In other words, the price of cryptocurrency is influenced by many things not just price history, there are many aspects that affect prices, Because this is unpredictable market and it can changed a dramatically that we can't imagine.
even the economy of a country can be an influence on the crypto market. Thats why sometimes prices on the market are unpredictable..
I don't think there is someone in this globe can predict the future with 100% certainty that's why you need to be vigilant in the investment decisions that you make and good luck
There are many services that track the movement of funds on large wallets and exchanges. After another such movements, many make predictions and sometimes they are correct.But no one will tell us exactly - for what it is done, you can only guess...or possess insider information.
The price of many cryptocurrencies depends primarily on the owners of large sums of money, they are also called whales.
It is they who, with the help of their manipulations, direct the price of many coins in the direction they need.
It is they who, with the help of their manipulations, direct the price of many coins in the direction they need.
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