Cryptocurrencies Forecast Based on AI: Returns up to 94.65% in 1 Month
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: top crypto picks
Recommended Positions: Long
Forecast Length: 1 Month (10/1/23 – 11/1/23)
I Know First Average: 27.76%
In this 1 Month forecast for the cryptocurrency Package, there were many high performing trades and the algorithm correctly predicted 9 out of 10 trades. SOL/USD was our best stock pick with a return of 94.65%. Other notable stocks were CHSB/USD and LINK/USD with a return of 47.02% and 41.56%. The cryptocurrency package had an overall average return of 27.76%, providing investors with a premium of 28.93% over the S&P 500’s return of -1.17%.
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.