{"id":4261,"date":"2022-01-09T02:43:10","date_gmt":"2022-01-09T02:43:10","guid":{"rendered":"http:\/\/egrowonline.com\/?p=4261"},"modified":"2022-01-09T02:43:10","modified_gmt":"2022-01-09T02:43:10","slug":"here-are-the-most-predictable-tokens-of-2021-for-those-who-knew-where-to-look","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=4261","title":{"rendered":"Here are the most predictable tokens of 2021 \u2014 For those who knew where to look"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-v-128018ef=\"\">\n<p>Digital assets\u2019 past performance is never a guarantee of future price movement. There are never two identical situations in the crypto market, so even historically similar patterns of a token\u2019s behavior can be followed by starkly different price action charts.<\/p>\n<p>Still, crypto assets\u2019 individual history of price action often rhymes, giving those who can ready this history a massive edge over other traders. And, importantly, some tokens are much more likely than others to exhibit recurring behavior, which makes their bullish setups more recognizable ahead of time.<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/pro.cointelegraph.com\/?via=analysis\" rel=\"noopener\">Cointelegraph Markets Pro<\/a><a target=\"_blank\" href=\"https:\/\/pro.cointelegraph.com\/?via=analysis\" rel=\"noopener\">, a subscription-based data intelligence platform whose job is to search for regularities in crypto assets\u2019 past trading behavior and alert traders to historically bullish conditions around individual assets, has been live for almost an entire year now. Based on a year\u2019s worth of tokens\u2019 performance data, here are the assets that exhibited historically bullish trading conditions most frequently, along with their subsequent price dynamics.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-01\/8a3e824e-78bb-4aaf-a4f5-cce610736753.png\" alt=\"\" title=\"\" \/><figcaption style=\"text-align: center\"><em>Top 20 digital assets by the number of days with VORTECS&#x2122; Scores of 80, 85 and 90. Source:<\/em><a target=\"_blank\" href=\"https:\/\/pro.cointelegraph.com\/?via=analysis\" rel=\"noopener\"><em> <\/em><em>Cointelegraph Markets Pro<\/em><\/a><\/figcaption><\/figure>\n<p>The chart shows the top 20 digital assets by the overall number of instances when they hit a VORTECS&#x2122; Score of 80. The VORTECS&#x2122; Score is an algorithmic indicator that considers a host of variables around each coin \u2014 including market outlook, price movement, social sentiment and trading activity \u2014 to assess whether its present conditions are historically bullish, neutral or bearish. Conventionally, VORTECS&#x2122; Scores above 80 are considered confidently bullish, while those 90 and above indicate the model\u2019s extreme confidence in the asset\u2019s tremendously favorable outlook.<\/p>\n<p>Despite metaverse coins occupying the number-one and -three spots on this list \u2014 Axie Infinity Shards (AXS) and Decentraland\u2019s SAND, respectively \u2014 no single digital asset sector dominates the chart, with layer-one protocol and decentralized finance (DeFi) tokens also widely represented in the top 20. It appears from this data that the likelihood of a token to exhibit historically favorable trading patterns does not depend on its asset class.<\/p>\n<p>For example, AXS has gone above the Score of 80 on 75 occasions, while layer-one protocol Avalanche\u2019s AVAX token recorded 42 instances of a historically favorable outlook and DeFi token COTI sported 40 high-VORTECS&#x2122; days.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-01\/2496d49e-766d-4de8-9e80-c6dec7e74d43.png\" alt=\"\" title=\"\" \/><figcaption style=\"text-align: center\"><em>Average gains generated by top 20 high-VORTECS&#x2122; assets 24, 48 and 96 hours after reaching the Scores of 80 and 90. Source:\u00a0<\/em><a target=\"_blank\" href=\"https:\/\/pro.cointelegraph.com\/?via=analysis\" rel=\"noopener\"><em>Cointelegraph Markets Pro<\/em><\/a><\/figcaption><\/figure>\n<p>The second chart presents the average gains that frequent top VORTECS&#x2122; performers yielded 24, 48 and 96 hours after hitting the Scores of 80 and 90. There are few bars pointing below zero, but the majority show solid positive returns, meaning that most assets consistently appreciated after demonstrating strong bullish conditions. Here\u2019s AVAX, one of the top performers:<\/p>\n<p>24 hours after Score 80: Average gain 2.5%<\/p>\n<p>48 hours after Score 80: Average gain 5.3%<\/p>\n<p>96 hours after Score 80: Average gain 10.4%<\/p>\n<p>24 hours after Score 90: Average gain 10.8%<\/p>\n<p>48 hours after Score 90: Average gain 16.0%<\/p>\n<p>96 hours after Score 90: Average gain 19.1%<\/p>\n<p>Other high scorers boast even more impressive returns on certain timeframes. For one, Terra\u2019s <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/terra-price-index\" rel=\"noopener\">LUNA<\/a> did exceptionally well 48 and 96 hours after achieving a VORTECS&#x2122; Score of 90, yielding on average 31.7% and 40.9%, respectively.<\/p>\n<p class=\"post-content__accent post-content__accent_big\"><a target=\"_blank\" href=\"https:\/\/pro.cointelegraph.com\/?via=analysis\" rel=\"noopener\">GET MARKETS PRO RIGHT NOW<\/a><\/p>\n<p>Granted, some assets behaved less consistently, with average returns bars pointing both above and below zero, while others such as <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/aave-price-index\" rel=\"noopener\">AAVE<\/a>, Loopring\u2019s LRC and Origin Protocol\u2019s OGN tended to lose value after flashing historically bullish patterns.<\/p>\n<p>Nevertheless, the performance of most of the featured assets is overwhelmingly positive, beating the market by a wide margin. This trend is observed across hundreds of VORTECS&#x2122; Score instances and remains robust over the period of 12 months that included stints of bull, bear and sideways market action. It might not be a universal law, but it is evident that there is a sizable group of well-performing crypto tokens whose history often rhymes, much to the savvy traders\u2019 delight.<\/p>\n<p><em>Cointelegraph is a publisher of financial information, not an investment adviser. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk including the risk of permanent and total loss. Past performance is not indicative of future results. Figures and charts are correct at the time of writing or as otherwise specified. Live-tested strategies are not recommendations. Consult your financial advisor before making financial decisions.<\/em><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/here-are-the-most-predictable-tokens-of-2021-for-those-who-knew-where-to-look\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Digital assets\u2019 past performance is never a guarantee of future price movement. There are never two identical situations in the crypto market, so even historically similar patterns of a token\u2019s behavior can be followed by starkly different price action charts. Still, crypto assets\u2019 individual history of price action often rhymes, giving those who can ready [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[40],"tags":[3282,3281,1277],"class_list":["post-4261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-knew","tag-predictable","tag-tokens"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/01\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDEvOTg0Yzc3OTUtOGNhMy00MGI2LWExNmUtNzIyYjliODVmNDY2LmpwZw.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4261"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4261\/revisions"}],"predecessor-version":[{"id":4263,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4261\/revisions\/4263"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/4262"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4261"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}