Post
Topic
Board Altcoin Discussion
Re: Predictiing Cryptocurrency price.. Is it possible?
by
Nalbo
on 11/05/2019, 04:01:41 UTC
As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?

As you stated, there are several ways to predict the price of cryptocurrencies.
I'd like to give two examples here Litecoin and BNB.
Litecoin is nearing it's halving and like the previous one, the price of Litecoin in the last month has increased and is still increasing.
Binance was hacked, though it had nothing to do with BNB, the price plundered and is still decreasing.