Cryptocurrencies Forecast Based on Big Data Analytics: Returns up to 46.54% 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 (8/27/24 – 9/27/24)
I Know First Average: 10.08%
Cryptocurrencies Forecast
Cryptocurrencies Forecast chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the cryptocurrency Package for this 1 Month forecast. The prediction with the highest return was FTM/USD, at 46.54%. Other notable stocks were FET/USD and THETA/USD with a return of 26.06% and 14.61%. The overall average return in this cryptocurrency package was 10.08%, providing investors with a 7.92% premium over the S&P 500’s return of 2.16% during 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.