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Topic: Predictiing Cryptocurrency price.. Is it possible? - page 9. (Read 4131 times)
Yes it can be fun. One of the analyst traders made forecasts, drew a lot of lines, patterns on charts. As a result, the price of BTC has changed dramatically and has break all his predictions. This I have seen several times in 2018. Now I do not pay attention to the forecasts .
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Unfortunately no, and I thought everybody knows it. There are absolutely no crypto experts because the market is still very young and volatile and it is extremely hard to predict the prices, but I think if you have enough knowledge in technical analysis, it would not be a big problem.
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?
Predicting the price of cryptocurrencies are possible but we can get an accurate prediction due to the volatility of the cryptocurrencies. There are many traders who are using indicators in order to know the what will happen to the price of the coin that they are trading. (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?
You claim that predicting the price of cryptos is possible? What will Bitcoin's price be in 6 months from now? Just for fun and we will find out whether you are right or wrong (hint: you are wrong).
I guess I read this topic three or four months ago and what I thought back there was so different to what is going on now in the market! So really, no predictions just sharp observation.
All the fundamental factors are meaningless. Yes, they affect the market, but this is not enough to stabilize the market. There is no accurate forecast for the price of cryptocurrency. We will be in this position for a very long time.
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?
Predicting the price of cryptocurrencies are possible but we can get an accurate prediction due to the volatility of the cryptocurrencies. There are many traders who are using indicators in order to know the what will happen to the price of the coin that they are trading. (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?
This crypto price changes because there are demand and sales. But the Crypto market is manipulated by large investors. And indeed this market is deliberately decreasing so many people sell coins. But this is only my guess and everyone certainly has a different opinion.
Predicting cryptocurrency price would most likely be an impossible task.
Even with the factors you the OP has listed above predicting the future price of cryptocurrency might be wrong but there are possibilities that you might come close
Even with the factors you the OP has listed above predicting the future price of cryptocurrency might be wrong but there are possibilities that you might come close
Well aside from fundamental base to realise whether project/coin will go up in price
Yes, basically you can know a coin's price movement judging from the price history
Although it is not 100% following, but at least the support and resistant level will always be tested
Yes, basically you can know a coin's price movement judging from the price history
Although it is not 100% following, but at least the support and resistant level will always be tested
To predicting cryptocurrency price, first you should know ICO price, then supply and running supply, than daily volume. Now your prediction could be right in future.
Why not? Despite the fact that crypto is volatile thing, you can still predict crypto movements with technical analysis and so on.
Yeah, it is possible scenario!
Yeah, it is possible scenario!
I don't think it is possible to, cause cryptocurrency is very unpredictable, as we saw lots of crypto experts predicts that btc will have a bull run last year but its not maybe we could have a feeling if the coin will pump if their developers will have a huge marketing or more advertisements but it is a 50/50 we can't predict if the coin will pump 100% accurate.
Well, it used to be possible in the past with fundamental analysis...it difficult to make predictions today. you can still take advantage of the little volatility by simply buying when the price goes down and sell when it goes up (Buy Low. Sell High).
Sometimes, yes it is possible. Prediction is possible when the market is regularly stimulating. If the market comes to a stagnant point then it becomes difficult to predict the price .
I'm quite confident that predict crypto prices is almost impossibile..market is too volatile, with low capitalization so easily manipulated by big investors...
This market has been manipulated since it was born. In 2017 we can clearly see how it is manipulated, and until now the market remains the same. We can only predict prices if we can control it
it will be possible when there is no major player manipulating the market then price prediction will somewhat work,as generally chart reading depend on past volume and price so it is completely dependent on bag holders if they want to switch chart direction or not.generally market of many coin depend on fomo and fud which is created by respective coin event or big player or some trading groups that forms further volume to the market so ya there is more than half chance that prediction will work.
It used to be easy when all coins are going up, but not anymore, now that we have a very long bear trend, people are not predicting the price anymore but when will the bull run comes, you can in crypto related sites and on various social media sites and it's hard to predict that.
Now there are a lot of specialists who present their forecasts. Prospects for predicting the movement of cryptocurrency, in most cases, contradictory and come true 50% / 50%. Predicting the price of cryptocurrency in the current situation is tantamount to poking a finger at the sky.
I do not believe that cryptocurrency prices are cyclical. This is said by many but we see completely different trends. Graph of price and volume falls on a daily basis.
It is very difficult to predict what will happen next with Cryptocurrency price, everyone hopes for the price increase, but many people have already left, I hope that I will wait for the long-awaited growth.
yeah, you are right.like you, i'm also waiting for that good thing to happen in the near future. that's why i still wait and never leave crypto even though the price is in a bad condition. i believe growth will occur sooner or later
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