Technology Accurately Predicts Bitcoin (BTC), Ethereum (ETH), & Ripple (XRP) Price Performance

3646 2 12 14 20 18 (5)


MatriX on HadePlatform.com is trusted by nearly 5,000 stock and crypto investors for the world's best fundamental analysis and investment recommendations from artificial intelligence. Risk scales was our first product aimed at cryptocurrency analysis, where we attempted to determine the future risk of abnormal price volatility in Bitcoin (BTC), Ethereum (ETH), EOS, Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH) as part of an eight week beta program.

Register for a FREE HadePlatform account and access MatriX

The results of this beta program have been incredible, a near 100% success rate at predicting the direction of these cryptocurrencies during a time when volatility was at its highest. As a result, we are now applying top stocks like Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), and Facebook (NASDAQ:FB) among others, including more cryptocurrencies to a live Risk Scales program.

Risk Scales: What We Thought vs What We Learned

Remarkably, in just about every week for every cryptocurrency tracked in MatriX's Risk Scale Beta program, the rating trend over seven days accurately predicted the following week's performance. The only exception was moderate changes in the rating, + or - 1 point. In instances where the rating jumped from say 70 to 75, the cryptocurrency always ended the following week higher. This is remarkable, accurately predicting future cryptocurrency performance with machine learning algorithms. 

We believe this further illustrates that HadePlatform.com has the world's best AI when it comes to financial analysis and prediction models. This FACT has been put on display time and time and time again.

Granted, cryptocurrencies, even big ones like Bitcoin (BTC) and Ethereum (ETH) are still largely driven by sentiment. Perhaps that is why the risk scales performed so well, and continue to improve each week. With the risk scale coverage growing to stocks in the coming week, we will learn a lot more about why this type of analysis performs so well at predicting short-term direction. 

With that said, risk scales were meant to predict abnormalities in volume, not price. Ironically, the risk scale ratings have done poorly at predicting abnormalities in volume, and have predicted short-term price movement with near 100% accuracy. 

To conclude, I will share the six factors for risk scale ratings. Risk Scales are a service offered in MatriX. You can gain access to MatriX by registering for free on this site, hadeplatform.com and clicking the MatriX tab on the header.


Risk scale depends on the following factors:

  1. Market capitalization and liquidity
  2. The lifetime of crypto - Bitcoin has nearly 15 years worth of data compared to EOS having less than one year
  3. Trust factor - this depends on the lifetime and the historic volatility of the cryptocurrency
  4. Highest price the crypto gained (in USD) since origination.
  5. Gaussian distribution of the price from the highest price of the specific crypto. if the prices are closer to the center of the distribution then the risk scale rating is better for that crypto and easier to predict (see the image above). 
  6. Data for 2017 and 2018 is considered for the rating 

From these six factors, complex algorithms are computed and analyze each cryptocurrency. With eight weeks and six cryptocurrencies in the beta program, we have a big enough sample size to note this statistically significant correlation in rating to future price. 

Up until now, the risk scale program has flown under-the-radar among our users, but given these findings, we do formally recommend that our near 5,000 MatriX users begin following the risk scale updates very closely. 

Comments (5)

image

I really like this business model from hadeplatform, keep up the good work

   0   Reply (0)   Follow(1951)  

    image
    • Scott
    • ,  Member
    • 17 July 2018, 07:07 am

    What will the price of BTC be next week?

       0   Reply (0)   Follow(1951)  

      image
      • Jesse
      • ,  Member
      • 17 July 2018, 07:07 am

      Thanks for the update Brian Nichols

         0   Reply (0)   Follow(1951)  

        image

        Will be interesting to see it applied to stocks

           0   Reply (0)   Follow(1951)  

          image
          • John R
          • ,  Member
          • 17 July 2018, 07:07 am

          Being able to predict the most likely move of a cryptocurrency is a major achievement

             0   Reply (0)   Follow(1951)  

            Recent Updates

            •   
              Mar 6, 2019 11:15 PM

              DENTSPLY SIRONA Inc - Consumables Revenue

            •   
              Mar 6, 2019 11:15 PM

              DENTSPLY SIRONA Inc - Europe Revenue

            •   
              Mar 6, 2019 11:15 PM

              DENTSPLY SIRONA Inc - United States Revenue

            •   
              Mar 6, 2019 11:15 PM

              DENTSPLY SIRONA Inc - Rest of World Revenue

            •   
              Mar 6, 2019 11:15 PM

              DENTSPLY SIRONA Inc - Technologies and Equipment Total Net Sales ex. PM sales Revenue

            •   
              Mar 6, 2019 11:15 PM

              DENTSPLY SIRONA Inc - Technologies and Equipment Revenue