Bear Rally Or New Bull Trend? Here’s What The Token Metrics AI Says:
Report Date: March 27th, 2022
Token Metrics AI Says Bullish Crypto Market Prediction
The Token Metrics grades have been showing signs of high upwards momentum since March 19th. These grades analyze over 6k coins to give price predictions and identify those most likely to gain the most. As we can see in the chart below, the Token Metrics machine learning algorithm is giving high grades for Bitcoin in the short-term, along with an adequate grade for BTC in the long-term:
The last time Bitcoin received such high ratings was in July 2021, when it increased 43% in just 9 days. Bears have been holding Bitcoin below $45k for all 2022, however Bitcoin recently slammed through this resistance in an explosive rally. If Bitcoin holds $45k to $43k, then this could indicate the market is shifting from rangebound to trend-based movement.
Some altcoins our algorithm is currently rating highly include Solana (SOL), Aavegotchi (AAVE), Maple (MPL), and ApeCoin (APE). Statistically, April tends to be a green month for risk assets. Bitcoin and altcoins may be moving in preparation for this.
What Is The Token Metrics Grade?
Artificial intelligence provides new and incomprehensible ways to understand reality. The Token Metrics Grade combines AI with over 80 data points to assign ratings in accordance to daily, weekly, and monthly time horizons. Generally, a score above 80% is considered investable in a bull market and above 85% in a bear market. Pictured below is the Token Metrics Ratings Dashboard, updated as of April 1st in accordance to Daily TM Grades:
By relying on AI along with quant data points, investors receive an unbiased view of the most high-potential opportunities in the crypto market. Token Metrics is among the only platforms to offer advanced AI strategies to retail traders. It is likely that artificial intelligence will become more important and widespread as time passes, and the lack of access to this technology makes our AI work exceptionally well today.
>>Read – PirateChain (ARRR) Price Prediction 2022
>>Read – Maple (MPL) Price Prediction 2022
Summary
From a macro perspective, the Token Metrics AI remains tentatively bullish. Traders are piling into altcoins such as SOL and AAVE, while Bitcoin and Ethereum are growing from institutional funding. FOMO is running hot through Wall Street, as digital asset investment products last week saw their largest inflows since mid December 2021. All this is causing the market to move fast, and Token Metrics analysts are tentatively bullish until the algorithm says otherwise.
