Is Assumptions Is True in Crypto?

[DanielBroonze]

Some of the People & Mostly traders assume the price of Crypto according to their experiences and knowledge. I want to know is Assumptions is working on this Space?

Like Recently I See this

[Om.monata]

what do you mean according to their experience? 
the experience of the trader or the experience of the coin while in crypto?
If you mean the experience of crypto coins while in the crypto market that's true.  because crypto that has a longer time experience, and the development of coins that are always periodic always makes crypto prices adjust.  however, if you mean that the experience of the trader is wrong, because the trader has nothing to do with the price of crypto

[WalkerIVIV]

I want to know is Assumptions is working on this Space?

Sometimes, it's working and in another case it's also not working. BTW this totally depends with your luck. You should take it seriously. Some people were creating such assumption just like a way to shilling their project to the new users to attract more demand to come to the such coin.
You will be seeing bunch of assumptions like that on the tweeter. That's a common thing dude. The result totally depend with your luck. If that guy was lucky enough and it can be a real thing for sure but in some cases there are experts in trading who have been creating such assumtions based on the TA and FA. This may have a better accuracy compared with the guy why making a statement without doing any research before.
Just visit specilation section and you will be seeing lots of threads that were also saying the same thing like that.

[Yogee]

Some of the People & Mostly traders assume the price of Crypto according to their experiences and knowledge.

A lot of these price speculations you see are bias even if they show you some candles and lines. What I mean by that is they analyze based on what they want to see and not based on what the chart is telling actually them.

I want to know is Assumptions is working on this Space?

The answer will depend on the assumption. It doesn't apply to all. ADA at $5 could happen since many people believe the bullrun isn't over yet. There is still space to pump.

[livingfree]

Somehow yes.

That's what prediction or speculation is. We are living in a speculative market and everyone's speculation might happen or not.

If you believe with a coin that has the potential to go up with that price then hold it, sometimes it works, sometimes not.

[DarkDays]

Some of the People & Mostly traders assume the price of Crypto according to their experiences and knowledge. I want to know is Assumptions is working on this Space?

Like Recently I See this

I wouldn't say so much assumptions but educated guesses based on market behaviour and investors sentiment.

And coming back to the underlying question, can ADA reach $5? I think if given enough time (see I can't yet specify a time but instead speculate on its future value) then I think it's likely.

The market seems to be in a good place right now and who knows where the Alonzo update will take it right? We'll see but when it comes to large coins like this - they usually tend to perform well over time, given that the market enables it to.