Cryptoindex Daily Forecasts for 10/27/2019. Pump or Dump?

CryptoIndex
cryptoindex.io
Published in
4 min readOct 27, 2019

CryptoIndex is a tool for exposure to the crypto market and serves as a smart benchmark for all cryptocurrencies. The AI-based Cryptoindex algorithm is continuously analyzing more than 2000 coins applying over 200 factors, processing more than 1 million signals per second to provide a highly sophisticated index of the top 100 coins.

China Passes First-Ever ‘Crypto Law’ Going Into Effect in January 2020, US Court Orders Dark Web Drug Dealer to Forfeit $150K in Bitcoin, crypto predictions from Cryptoindex AI and other news for today💣:

📝 China Passes First-Ever ‘Crypto Law’ Going Into Effect in January 2020. The new regulatory framework establishes the role of a central cryptographic agency meant to lead public cryptographic work, creating guidelines and policies for the industry.

👨‍💻 A United States court has ordered Christopher Bania, who recently pleaded guilty to drug distribution, to give up almost 17 Bitcoin (BTC) — worth roughly $150,000. Though originally charged with money laundering, importation of controlled substances and maintaining a drug property, was to the single charge of possession of controlled substances with intent to distribute, which carries a maximum sentence of 20 years in jail.

⚙️ Crypto Exchange OKEx Joins Internet Giant Kakao’s Blockchain Project. OKEx is joining a number of industry giants such as Samsung Blockchain, IDG Capital, and Shinhan Bank. The exchange called this partnership an opportunity to build a stable blockchain ecosystem and connect to different networks and portfolios in the blockchain industry.

Now let’s take a look at the Cryptoindex prediction sheet👇

Of course, let’s explain how does it work for newcomers:

  • At the top, you can see “prediction” and “last prediction accuracy”
  • Our algorithm performs as an indicator of probable price movement.
  • The prediction accuracy rate for the previous period.

➡Cryptoindex.com methodology📚

Today’s prediction stats

Total Coins
99/100

Predictions Term
1 day

Last Predictions Rate

61%

CryptoIndex amount:

0.6728(↑0.01%)

💵 Total cryptocurrency capitalization:
$242 162 248 201

🗓 Trading volume per day:
$110 254 231 559

Our special rubrics neural algorithm:

Top 5 gainers 24h (USD)

Top 5 losers 24h (USD)

Top Buy Tomorrow

Top Sale Tomorrow

Crypto Bundles

Prediction List

For today Cryptoindex AI shows the negative balance on the cryptocurrency market:

For buying such coins as— Binance Coin, NEO, Ontology, Qtum, Augur, Bytom, Metaverse ETP, MCO, Decentraland, WAX, Loopring, Populous, Eidoo, Arcblock, Storj, Gas, Raiden Network Token, Cred, Neblio.

Neutral Prospects — NEM, 0x, Po.et, Time New Bank.

Rest of coins — for selling.

In the right column, you can see thumbs either up or down. They show whether it was right the last time.

So, here are valid predictions for today. Thank you for your attention!

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The AI-based CryptoIndex algorithm is constantly learning by consuming huge amounts of data rapidly making decisions and choices that humans would struggle to match.

You can always check the current CIX100 composition on our website.

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