Cryptoindex Daily Forecasts for 24.09.2019

CryptoIndex
cryptoindex.io
Published in
4 min readSep 24, 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.

Facebook bought chatbot development company for its crypto project Libra, Cryptoindex predictions up to 75 percents👇

Let’s see the hottest news and our predictions💣:

💸 The American fintech company SoFi became interested in cryptocurrencies. On its platform, the company intends to launch a full-fledged digital asset trading service. Now it works in test mode. Initially, users will have access to three main cryptocurrencies: Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH).

🌐 Amid a gas limit increase to 10 million units, the number of unconfirmed transactions in the Ethereum network has more than halved. Under current conditions, Ethereum will have to cope with 2 million transactions per day, which is 2.5 times the current value of 700,000 daily operations.

👨‍💻 In anticipation of the launch of the cryptocurrency, Libra Facebook acquired the developer of chatbots developer Servicefriend. His technologies are most likely needed to create a support service that will serve Calibra e-wallet customers and Libra stablecoin holders.

Now let’s take a look at the Zorax 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

75%

💵 Total cryptocurrency capitalization:
$255 437 672 068 (↓2,66%)

🗓 Trading volume per day:
$60 823 591 239 (↑26,86%)

Also, our neural algorithm shows the next rubrics:

Top 5 gainers 24h (USD)

Top 5 losers 24h (USD)

Top Buy Tomorrow

Top Sale Tomorrow

Prediction List

For today we see a very negative trend on the crypto market.

Let’s take over them:

Many coins for selling.

Neutral Prospects — Dogecoin, DigiByte, Cred, Odyssey.

For buying — NEM, THETA, Crypto.com, WAX, Enjin Coin, Horizen, Stratis, Revain, Loopring, Populous, Gnosis, Mithril, TenX, Moeda Loyalty Points, Cred, Cindicator.

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

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

Don’t forget to check out them tomorrow.

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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