Cryptocurrencies Predictions Based on Big Data Analytics: Returns up to 23.46% in 3 Days
Cryptocurrencies Predictions
The Cryptocurrency Package is designed for investors and analysts who need predictions for cryptocurrency assets. It includes 10 predictions with bullish and bearish signals and indicates the predicted direction in the given time horizon for the cryptocurrencies:
Package Name: top 10 cryptocurrencies
Recommended Positions: Long
Forecast Length: 3 Days (2/25/24 – 2/28/24)
I Know First Average: 5.51%
During the 3 Days forecasted period several picks in the cryptocurrency Package saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. FET/USD was our best stock pick with a return of 23.46%. DGB/USD and ONE/USD also performed well for this time horizon with returns of 18.21% and 9.0%, respectively. With these notable trade returns, the package itself registered an average return of 5.51% compared to the S&P 500’s return of -0.37% for the same period.
Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.
How to interpret this diagram
Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.