ICON Project Price Prediction
ICX Crypto | USD 0.19 0.01 5.56% |
Oversold Vs Overbought
63
Oversold | Overbought |
Using ICON Project hype-based prediction, you can estimate the value of ICON Project from the perspective of ICON Project response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in ICON Project to buy its crypto coin at a price that has no basis in reality. In that case, they are not buying ICON because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell crypto coins at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
ICON Project after-hype prediction price | .CC 0.19 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as crypto price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
ICON |
ICON Project After-Hype Price Prediction Density Analysis
As far as predicting the price of ICON Project at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in ICON Project or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Crypto Coin prices, such as prices of ICON Project, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
ICON Project Estimiated After-Hype Price Volatility
In the context of predicting ICON Project's crypto coin value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ICON Project's historical news coverage. ICON Project's after-hype downside and upside margins for the prediction period are 0.01 and 4.82, respectively. We have considered ICON Project's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
ICON Project is very risky at this time. Analysis and calculation of next after-hype price of ICON Project is based on 3 months time horizon.
ICON Project Crypto Coin Price Prediction Analysis
Have you ever been surprised when a price of a Cryptocurrency such as ICON Project is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ICON Project backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Crypto price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with ICON Project, there might be something going there, and it might present an excellent short sale opportunity.
Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.69 | 4.63 | 0.00 | 0.01 | 0 Events / Month | 1 Events / Month | Uncertain |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.19 | 0.19 | 0.00 |
|
ICON Project Hype Timeline
ICON Project is currently traded for 0.19. This cryptocurrency is not elastic to its hype. The average crypto elasticity to the hype of similar coins is -0.01. ICON is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.69%. %. The volatility of related hype on ICON Project is about 41661.25%, with the expected price after the next announcement by competition of 0.18. Assuming the 90 days trading horizon the next anticipated press release will be uncertain. Check out ICON Project Basic Forecasting Models to cross-verify your projections.ICON Project Related Hype Analysis
Having access to credible news sources related to ICON Project's direct competition is more important than ever and may enhance your ability to predict ICON Project's future price movements. Getting to know how ICON Project's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how ICON Project may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
ICX | ICON Project | 0.00 | 0 per month | 3.25 | 0.12 | 7.69 | (7.14) | 16.03 | |
STETH | Staked Ether | 0.00 | 0 per month | 3.45 | 0.07 | 6.34 | (5.12) | 16.67 | |
EIGEN | EigenLayer | (0.01) | 1 per month | 0.00 | (0.05) | 11.42 | (8.93) | 33.38 | |
EOSDAC | EOSDAC | (0.000021) | 1 per month | 9.37 | 0.07 | 21.28 | (18.71) | 90.64 | |
BLZ | BLZ | 0.01 | 2 per month | 5.88 | (0.02) | 9.09 | (9.09) | 29.09 | |
HIGH | Highstreet | (0.14) | 1 per month | 5.28 | (0.02) | 6.90 | (6.77) | 20.01 | |
TKO | Tokocrypto | 0.02 | 1 per month | 3.68 | 0.02 | 7.69 | (6.25) | 43.13 | |
DIA | DIA | 0.02 | 1 per month | 6.03 | 0.12 | 15.00 | (10.45) | 108.99 | |
EM | EM | 0.00 | 1 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
ICON Project Additional Predictive Modules
Most predictive techniques to examine ICON price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ICON using various technical indicators. When you analyze ICON charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
The successful prediction of ICON Project price could yield a significant profit to cryptocurrency investors. Theoretically, the cryptocurrency market should be highly efficient, with prices reflecting the accessible real-world information almost immediately. The crypto trading ecosystem has experienced unprecedented growth over the last few years and continues accelerating irrespective of its volatilities and bubbles. In general, ICON Project and other cryptocurrencies react quickly to the market and adjust based on demand and supply. This implies that the cryptocurrency market is highly efficient, with prices reflecting the accessible real-world information almost immediately. We use internally-developed statistical techniques to arrive at the intrinsic value of ICON Project based on ICON Project hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ICON Project's market risk using different technical indicators and then compare them to ICON Project's related cryptocurrency tokens.
Story Coverage note for ICON Project
The number of cover stories for ICON Project depends on current market conditions and ICON Project's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ICON Project is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ICON Project's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Check out ICON Project Basic Forecasting Models to cross-verify your projections. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.