Cryptocurrencies Forecast Based on AI: Returns up to 79.54% in 3 Days
Cryptocurrencies Forecast
Cryptocurrencies Forecast: 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: major cryptocurrencies
Recommended Positions: Long
Forecast Length: 3 Days (11/15/24 – 11/19/24)
I Know First Average: 19.84%
In this 3 Days forecast for the cryptocurrency Package, there were many high performing trades and the algorithm correctly predicted 9 out of 10 trades. The greatest return came from XLM/USD at 79.54%. ALGO/USD and ADA/USD also performed well for this time horizon with returns of 45.51% and 31.17%, respectively. This algorithmic forecast package presented an overall return of 19.84% versus the S&P 500’s performance of -0.54% providing a market premium of 20.38%.
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.