Predictiing Cryptocurrency price.. Is it possible?

[mv1986]

Of course , it is very difficult to guess exactly where the price will go, and not always technical analysis can predict the direction , but of course if you know all the indicators, you can approximately sign when to enter the coin and exit

Technical analysis can never predict the direction. If that was possible everybody would just use technical analysis and get rich. It doesn't work.

Which is right, but there's a good influence with knowledge about technical analysis, it can also give you some hint where to follow coins that can bring you good results, it won't be there if it's not useful, learning to read the pattern can give you some good basis when to place your entry, planning and making good analysis for much better trade.

Only because something is there doesn't it make useful. Keep in mind human beings try to explain everything. They can't accept that there are movements in a market they can't predict. They do all kinds of stuff: technical analysis, have a look at the milky way and count the stars, check the weather report, go to some farseer and so on and so forth. There are a couple of things where technical analysis seems to be right more often than not, but by no mans will TA ever produce reliable predictions. TA works because if enough people consume TA content, it's more like a self-fulfilling prophecy. 

[adekogbe]

The cryptocurrency market has continued to show over and over again for the past year that it is almost impossible to predict how the market prices will go.
A lot of self acclaimed experts have made different predictions as to how the market will move & most of them have been wrong.
So don't rely on any expert you give you predictions on how the market will behave.

[Jpti]

I do not think prediction will prove right. Prediction is just prediction. There are very little chances that prediction proves right. Many so called predictors have predicted that bitcoin would hit $50000 in the fires quarter of the year, 2019. But the coin is staying just around $ 4000. So in my case, I do not believe in crypto prediction. Rather I believe in luck.

[shaheer001]

I think fiat money like forex trading prediction depends on goods news same crypto trading are also indirectly need some good news and project popularity.

[mv1986]

I do not think prediction will prove right. Prediction is just prediction. There are very little chances that prediction proves right. Many so called predictors have predicted that bitcoin would hit $50000 in the fires quarter of the year, 2019. But the coin is staying just around $ 4000. So in my case, I do not believe in crypto prediction. Rather I believe in luck.

It is almost a 50% change whether the prediction is right or not. If somebody says the market will go up a lot or down a lot, right now I would say both is still possible.

[H0USE]

cryptocurrency has been existed for a long time, until today there are so many people learn to predict crypto price and most of them can not always right no matter how hard they try because there are too much things to find to for every prediction, unless you are a whale then no one will be able to predict the price of cryptocurrency.

[kodtycoon]

cryptocurrency has been existed for a long time, until today there are so many people learn to predict crypto price and most of them can not always right no matter how hard they try because there are too much things to find to for every prediction, unless you are a whale then no one will be able to predict the price of cryptocurrency.

HI, don't hesitate to express your opinion well predict that it is actually difficult to do that there are calculations in each trade and review historical records that are sometimes connected. indeed not all predictions are right but I often find some precise predictions, you must to adventure into many places so that you don't get the wrong perception

[Caladonian]

I think fiat money like forex trading prediction depends on goods news same crypto trading are also indirectly need some good news and project popularity.

In some way crypto also relied with big news, there's some impacts that can give some hints whether the market  will rise or fall but since crypto still young, the influence keeps changing paces, we cant assure or conclude that since there's some big good news the value will rise right away influence of big whales
still dominant and can change the trend according to their plans.

Maybe you can try but there's no assurance that you can predict always.

[karma_project]

Many people are sure that it is impossible to predict the movement of cryptocurrency. But it seems to me that we can guess the general trend. In addition, you can make the assumption that the price of the coin will go up before some important events.

[Nwankwobtt]

Estimated prediction can be made through technical analysis and fundamental analysis. Though in some cases it may not be accurate but it can be close enough. So I believe it can be predicted

[Bonsaiav]

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?

In carrying out the crypto business, of course it will not be separated from the price problem. Until at any time, prices will still play an important role especially in the sale and purchase agreement. Through pricing, we will see the coin feasibility position of its economic value. But, to guarantee an accurate level of prediction and can be used as the basis for calculating the growth of crypto values going forward, it certainly needs an accurate and tested measuring instrument based on the type of estimate itself, such as fundamental analysis and technical analysis which includes price and volume trends. I personally as a community of cryptocurrency users, greatly benefited from the presence of mass media and the internet in everyday life as suppliers of information needed, as well as to find out the developments that occur in the world, although it may not be 100% accurate, I think this is enough to be used as predictive material.

[SRKNGL]

Trade bots can attack their orders by attacking. But for that you should choose the volume lower exchange. In Idex you can do this but to know the values you need to be a good analyst.

[ninja811]

It seems to me that predicting cryptocurrency prices is quite difficult in the conditions of high market volatility.
Of course now, when the market began to recover from the bottom, it is in a state of relative stability and prices do not fluctuate much.
It is important to closely monitor the prices on the stock exchange so as not to miss a convenient moment for buying and selling existing coins.

[HabiebRiziq]

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 possibilities that can happen later is what people always do in the world of cryptocurrency, you can predict based on price trend history and trend volume history. But, I think there are many factors that influence the rise and fall of prices and everyone must have their own way of analyzing and predicting the possibilities that can occur.

[bartusv]

We cannot rely only on price predictions based on historical price and volume trends as the they are
very often irrelevant. Some patterns can be the same but the crypto market is changing so fast  that
it is impossible to predict based only on these two factors.

[CaMeRoNy]

I think that can be only suggest what the price will in the long term. In the short term, it is still more confusing, since although it is possible to build charts, but the cryptocurrency market can be unexpected.

[kickdapa]

Predicting cryptocurrency price is not possible in this situation of the crypto market! By following the charts, volume, and trade history, People used to predict a price! But that is not possible anymore because of the long bear market! You can make an expectation about the price but you should be not confident about the actual price!

[TheCrimsonFucker]

There are times that it is possible to perform this complex task, but most of the time it is basically impossible precisely because the lack of volume to support or absorb is consistently high! If you keep that in mind, you can at least minimize your losses and make the best decisions while positive. Only basic TA works, indicators and oscillators can sometimes provide you with very late signals.

[george_hured]

From the whole history of forecasts that people made, I can only say that most of them did not come true, in spite of all these analyzes, I mean technical analysis and fundamental analysis. All this is just dust in the eyes.

[crispyfry211]

We can predict the price of cryptocurrency but we can hardly predict its outcome due to the inadequate condition and situation of cryptocurrency today. so let's not assume a high price and if you want a high price you can hold your tokens or coins for a time over the price increases.