Predictiing Cryptocurrency price.. Is it possible?

[killerfrost]

in my opinion we can not accurately guess the price of crypto but maybe we can predict the trend of ascent or descent by studying the candle stick

You are right, we can analyze the upward or downward trend based on the chart. But we need to have a lot of experience to be able to predict accurately. Nobody can accurately predict the price of altcoin and bitcoin, this is impossible

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[labenea]

the prediction is not entirely true and unreliable, especially by predicting cryptoqurency prices that cannot be determined by anyone. but I still believe that as long as the crypto market is still active, crypto prices will not be forever below and there will be times when prices can rise again.

[coaprotet]

It is almost impossible because the crypto market is still very young, volatile and unpredictable. I would not trust any experts and invest in coins that have good things to announce. In this way you can earn some money on news.

[Eat.Sleep.Bounty]

In my opinion cryptocurrency have patterns to learn. When it will raise and when it will goes down. You can see the history of the chart and make a analysis on it. For example, the price of one or some coin raised up in the end of year. When at Q1 the price start goes down. This thing can happen again in the next year. But maybe in different price.

Yes I agree that the prices have some pattern on ups and downs. But really that pattern was not being programmed. The only thing they can rely is on the supply and demand of the cryptocurrency, which determines their ups and downs.

if you look at the historical chart the price movements of crypto coins from previous years are almost always the same every year, but also cannot be an accurate benchmark because the price movements of these coins are very difficult to predict and there will always be unexpected surprises that occur when - time.

supply and demand are one of the factors that have a significant impact on prices, but besides that trends from the market must be studied in more detail, even if at one time there was a large supply of demand on coins, but market trends were falling. will not be able to rise significantly.

You are right again, most of the coins and tokens right now are relying on supply and demands, but also to some news coming out, especially from the king and queen coins, the bitcoin and ethereum. If they had bad news, our tokens also suffers.

[monster2]

Predicting cryptocurrency prices are not possible because the market os the only one who can tell the price of tokens  or coins. meanwhile we can only say thqt price can pump od dump.

[darefreads]

I can't say is it is possible to predict the Cryptocurrency value in the market unlike predicting a regular thing happening to our life it is possible. And I think even it started to rise it's value in a stable price we can't still predict it's value in the coming months because it's volatility.

[Rtalk]

If we start from the fact that many gurus of the crypto - currency market have already tried to do it all last year and no forecast has come true-I think you can only try to guess the price of the asset. Cryptocurrency is a relatively new digital asset with little history and many unknowns.

[Dr.Sponge]

Well, any pumps and dumps are because of the prediction and ideas by the people around the community and if people believe the prediction then it comes the reality whether its dump or pump.

[Coltpython]

Of course it is very possible to predict the price of cryptocurrency but can only happen when the market is stable unlike now that we are in the deepest part of a bear storm.

[iqlimasyadiqa]

I can't say is it is possible to predict the Cryptocurrency value in the market unlike predicting a regular thing happening to our life it is possible. And I think even it started to rise it's value in a stable price we can't still predict it's value in the coming months because it's volatility.

That is impossible. There are so many changes that exist and that will be very difficult to predict. The price movement of the digital currency is so volatile that movements change so rapidly. Even in a matter of minutes there can be a huge change. This is a characteristic of the digital currency market, we can only follow what is happening and try to take advantage of every best condition that might exist.

[Pithaxz]

I can't say is it is possible to predict the Cryptocurrency value in the market unlike predicting a regular thing happening to our life it is possible. And I think even it started to rise it's value in a stable price we can't still predict it's value in the coming months because it's volatility.

That is impossible. There are so many changes that exist and that will be very difficult to predict. The price movement of the digital currency is so volatile that movements change so rapidly. Even in a matter of minutes there can be a huge change. This is a characteristic of the digital currency market, we can only follow what is happening and try to take advantage of every best condition that might exist.

yes you are right, predicting digital currencies is very unlikely, because we know that crypto price movements can change at any time and of course predictions cannot be used as a benchmark for accurately determining cryptoqurrency prices.

[Volk-05]

If you know the mood of investors, it is theoretically possible to predict how the cryptocurrency will continue to behave!

[papagravel]

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.

[Rtalk]

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.

[HichemFetoui]

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

[Pattart]

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,
even the economy of a country can be an influence on the crypto market. Thats why sometimes prices on the market are unpredictable..

[masterrex]

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.

[mammoniter]

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.

[lobo13hf]

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,
even the economy of a country can be an influence on the crypto market. Thats why sometimes prices on the market are unpredictable..

Not sure about the economic from a country can affect the crypto but if that was coming from the major country just like US and that can give a huge impact. The global economic should be a better answer than it.
The price of crypto still driving by the speculators.

[AgentZero23]

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.