Predictiing Cryptocurrency price.. Is it possible?

[Suwycu]

It is difficult to predict the further development of cryptocurrency prices, because they depend on the capitalization that investors form!

[concitta]

For me, Cryptocurrency price are based on the user or a trader that buy and sell crypto in the market that define the chart or a graph of a cryptocurrency just like bitcoin are doing right now.

yes that might affect, because the large number of requests on the market will affect the price of Cryptocurrency. many say if the Bitcoin price rises Altcoin will also rise and vice versa.

and maybe a lot of other things can influence it so that the price of Cryptocurrency can go up and it can also go down.

[PlusOne88]

Yes it is possible but not always. The way the cryptocurrency behaves is more like the actual market. It is volatile and anything could go wrong at any given time. But the possibilities sometimes are well predicted by those who did as much research as they could. We may often refer to them as "professionals" in the field of predicting cryptocurrency behavior. They are the market analyst who have had so much experience and if you really want to know more then better consult this kinds of people.

[Bharathi13]

Predicting cryptocurrency price is not possible because of its volatile nature as in prediction of big experts & technical analysis of so many experts have been failed badly in this bear market. Its better to go with market trends like testnet, mainnet, node integration, hard-fork, big partnership announcement etc which pumps price of coin or token naturally take latest example of Ethereum upcoming hard-fork constantipole. To collect market trends follow social media accounts like twitter of top 200 projects & on their tweet notification so that you will get the news first easily whenever there is good news which can pump the the price of token buy it take profit and exit at right time. also you can join https://web.telegram.org/#/im?p=@cmcal_bot to get quick updates and news.

[ToniJu]

I have seen many articles and emails predicting the price of cryptocurrencies in 2018, but in the end they are not implemented, so I no longer believe that the price of crypto is predictable.

[ameliana]

For me, Cryptocurrency price are based on the user or a trader that buy and sell crypto in the market that define the chart or a graph of a cryptocurrency just like bitcoin are doing right now.

yes, we can predict the price of crystal ammunition will not always be right because sometimes things can directly make crypto prices go up or down.
if we always pay attention to each crypto movement and always know the latest news, it is not impossible if we can predict crypto prices.

[biznes35]

I believe the market is driven by quantity and price. And no other factor can change the cryptocurrency market at this time. You probably understand that the market will be like this as long as it is speculative. The main problem is speculation.

[lehnelora]

The prediction of crypto coin prices is indeed very difficult because the price changes that occur can be caused by negative or positive news. The crypto market certainly has a very good track record and occurred in 2017. But when entering 2018 it slowly dropped. I think in 2019 this will be a good year for Crypto.

[indobitcoin.tk]

the price of crypto can never be suspected by anyone even though there was only a small possibility and lucky. It's when this could have been predicted certainly everyone will be prepared when crypto increase and price reductions. something like this is already a risk that exists on crypto and indeed cause harm when wrong in predicting, but unforeseen fluctuations such as these can also deliver results that are not to be expected and sometimes exceptional.

[irixo10]

The price of cryptocurrency depends on supply and demand. So if the demand of people is more than supply, the price will go up quickly. And vice versa, prices will quickly fall like 2018

[oppo070]

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?

What about the future updates that will going to happen for a price of a crypto? For example if a coin will going to have an upcoming hard fork we can expect some increase in the market cap and market price of this coin. In my opinion, future news are also a factor for predicting the price of a crypto currency.

[AUDI_A6]

there is an opinion that the next price increase for cryptoactive assets will come to us until the end of the year:

With the emergence of custodial solutions and strictly regulated liquidity providers, the cryptocurrency market may see an inflow of institutional and high profile investors in 2019.

However, given the historical tendency of the asset class to initiate rallies based on cycles, some analysts expect cryptocurrencies to undergo a long-lasting consolidation period and demonstrate a high level of stability throughout 2019, as the bear market comes to an end.
https://www.ccn.com/crypto-market-records-decent-gains-but-bitcoin-has-to-rise-above-4500/

[Seeker#9]

Many market predictions last year are failed to come true like the anticipated bullrun last december so no one can really predict what will happen in the future. It better to study some possible factors that may trigger a price rally like positive event or news relating to cryptocurrencies and be always updated on market. The high volatility of the cryptocurrencies is some of the reasons why they are unpredictable so you have to study their behavior and pattern instead.

[Pontorez]

I am also sure that now it is simply impossible to predict trends and further changes in the crypto market on the market. After all, there are truly rapid changes that no one can guess about. It is unlikely that someone can independently influence the market. Therefore, forecasts are usually wrong.

[Pffrt]

People may predict but it will not happen for surely or it will happen sometimes. Last year, the technical analysts was not able to analysis correctly and none of their prediction was correct. Everyone expected btc to grow but it failed. So, it's not possible.

[Dilireba]

It is possible to predict the cryptocurrency price, however, prediction is just the prediction, false or true, the market will answer, so in trading, you should always put stop loss when you make a trade, it will reduce risks when you trade.

[TradingIsBreath]

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?

Financial markets have its own language which is overwhelming in the beginning but comes easy with practice over time.

It has two major parts: Fundamental Analysis and Technical Analysis

- Fundamental analysis is about analyzing any assets/companies fundamentals like annual reports, quarterly performance etc given a financial year.
- Technical analysis is about reading the price charts (graph) of the asset, understanding the masses behavior and psychology etc (the purpose of technical analysis)

Now, let's focus on the most common types of technical analysis and parts of which stock charts/graph is crucial. Line and Candlestick charts are the most widely used one, but the other less common types are bar charts and point and figure charts.

Charts of any financial asset are prices (vertical) plotted over Time (horizontal). There are few ways to represent the Price-Time points of the financial asset like:

1) Line charts

2) Candlestick charts

Read more:  https://coinswitch.co/info/technical-analysis-for-beginners-detailed-guide-on-technical-analysis

[Bomber007]

Just when you are thinking that you are an expert in predicting the Cryptocurrencies market, it would prove you wrong, just go to social media and see the prediction of so called experts, they all end up being wrong.

[vasilisc555]

I think it is possible, but only in conditions of upward movement in the market. In a falling market, there are 1 to 100 chances to guess the direction of movement.

[SinisterBountyHunter]

At first I can assume that it is not predictable, but after research, if we study its market price history and also compared it on a daily volume and seeing and studying its price track on the chart, I think we can predict its next move of price.