The mixed crypto market that took hold starting late last year does not offer as many profit opportunities as the blooming altcoin season that came before it. There are way fewer winners than in bull times, and the thorough research needed to single them out can become a full-time job. Luckily, there are ways to outsource some of this effort.
The history of digital assets’ price action doesn’t hold keys to their future, but it can offer numerous valuable cues. Complex patterns of trading and social sentiment metrics that power a token’s dramatic price pumps often recur, and savvy traders can use them to anticipate price moves.
One of the tools that can read the history of assets and turn it into actionable insight is the VORTECS™ Score. Exclusively available to the subscribers of Cointelegraph Markets Pro, this machine learning tool shows whether the present combination of market and social metrics for each tracked coin is historically bullish, bearish or neutral.
The higher the Score, the more bullish the token’s outlook for the next 12 to 72 hours. Scores of 80 and above are considered confidently bullish, meaning that the current trading conditions look very similar to those that showed up ahead of huge price spikes in the past.
Here is how it worked out with some of this past week’s top-performing digital assets.
Haven Protocol, a Monero fork that markets itself as an “offshore bank” without a bank, saw its Haven (XHV) cryptocurrency experience a major price pump on the news of Western sanctions against Russia and the general narrative of financial privacy gaining momentum. Haven is a privacy-focused “ecosystem of untraceable assets” that allows for the anonymous exchange of assets.
The patterns of trading and social
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