Zorax prediction on December 2018!

Cryptoindex’s predictions about the Cryptomarket this month.

First, let’s explain what CryptoIndex is…

Cryptoindex is a tool for exposure to the cryptomarket 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.

How do Cryptoindex’s predictions work?

The prediction digit is from 0.001 to 0.999 where 0.5 is the neutral
>0.5 is for the growth and less for the fall

So You can check how strong is the prediction of each coin.

Cryptoindex is able to analyze a large volume of information and take decisions on the composition of the index. The set of Neural Networks called ‘Zorax’ is fed with gigabytes of new information about all the crypto market participants actions every day: tens of millions of trades and orders per day, tens of millions of messages and news. Based on more than 200 factors, Zorax continuously rebalances the top performing coins in the index, changing the weights of coins, ensuring promising coins are included and inefficient ones are excluded.

In this table, you see Zorax`s forecasts highlighted:

Good forecast — Neo (0.52)

Bad forecast for Ethereum(0.32), Ripple(0.274), Stellar(0.30), Monero(0.277)

In the next diagram, the best currencies are shown: Ethereum Classic(0.505), Komodo(0.543), Aion(0.539), Nucleus Vision(0.565),ICON(0.512)

Bad forecast for Dash (0.272), NEM (0.304), Bitcoin Gold (0.269)

Here we see good forecast for: Tierion (0.575), Ark (0.510).

Bad forecast for Dogecoin (0.282), Siacoin (0.29)

Then — Time New Bank (0.524), IOST (0.501).

Bad forecast for Bytecoin (0.279), Nano (0.286), Bytom (0.314), Chainlink (0.298), Verge (0.296).

What is next? Achain (0.515), POA Network (0.514), Substratum (0.507), SONM (0.511).

Bad forecast for Cryptonex (0.298).

What do we see here? Yes, not good predictions. But we should remember that Zorax is making predictions which can change during this month.

Bad forecast for QASH (0.268), MonaCoin (0.286).

And — SingularDTV (0.507).

Bad forecast for Bancor (0.278), ReddCoin (0.283), HyperCash (0.279), and Dentacoin (0.273).

Want to know more about Zorax? Watch video explained — https://www.youtube.com/watch?v=DFVAng08gzM

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 Cryptoindex concept on our MVP platform:http://cryptoindex.ai/

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