Post
Topic
Board Altcoin Discussion
Re: Predictiing Cryptocurrency price.. Is it possible?
by
lobo13hf
on 08/02/2019, 15:17:03 UTC
We can't predict cryptocurrency market with based of only 2 criteria historical volume trends and historical price trends.
Because this is unpredictable market and it can changed a dramatically that we can't imagine.
In other words, the price of cryptocurrency is influenced by many things not just price history, there are many aspects that affect prices,
even the economy of a country can be an influence on the crypto market. Thats why sometimes prices on the market are unpredictable..
Not sure about the economic from a country can affect the crypto but if that was coming from the major country just like US and that can give a huge impact. The global economic should be a better answer than it.
The price of crypto still driving by the speculators.