Biconomy Price Prediction
BICO Crypto | USD 0.37 0.03 8.82% |
Oversold Vs Overbought
65
Oversold | Overbought |
Using Biconomy hype-based prediction, you can estimate the value of Biconomy from the perspective of Biconomy 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 Biconomy to buy its crypto coin at a price that has no basis in reality. In that case, they are not buying Biconomy 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.
Biconomy after-hype prediction price | .CC 0.37 |
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.
Biconomy |
Biconomy After-Hype Price Prediction Density Analysis
As far as predicting the price of Biconomy 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 Biconomy 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 Biconomy, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Biconomy Estimiated After-Hype Price Volatility
In the context of predicting Biconomy's crypto coin value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Biconomy's historical news coverage. Biconomy's after-hype downside and upside margins for the prediction period are 0.02 and 6.79, respectively. We have considered Biconomy'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
Biconomy is unusually volatile at this time. Analysis and calculation of next after-hype price of Biconomy is based on 3 months time horizon.
Biconomy Crypto Coin Price Prediction Analysis
Have you ever been surprised when a price of a Cryptocurrency such as Biconomy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Biconomy 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 Biconomy, 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 |
1.01 | 6.42 | 0.00 | 0.21 | 0 Events / Month | 2 Events / Month | In 5 to 10 days |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.37 | 0.37 | 0.00 |
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Biconomy Hype Timeline
Biconomy is currently traded for 0.37. This cryptocurrency is not elastic to its hype. The average crypto elasticity to the hype of similar coins is -0.21. Biconomy is forecasted 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 forecasted to be very small, whereas the daily expected return is currently at 1.01%. %. The volatility of related hype on Biconomy is about 3057.14%, with the expected price after the next announcement by competition of 0.16. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days. Check out Biconomy Basic Forecasting Models to cross-verify your projections.Biconomy Related Hype Analysis
Having access to credible news sources related to Biconomy's direct competition is more important than ever and may enhance your ability to predict Biconomy's future price movements. Getting to know how Biconomy'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 Biconomy may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
XRP | XRP | 0.00 | 0 per month | 2.25 | 0.22 | 15.58 | (3.70) | 31.55 | |
SOL | Solana | (4.98) | 4 per month | 3.10 | 0.17 | 6.37 | (5.78) | 21.69 | |
STETH | Staked Ether | 0.00 | 0 per month | 2.71 | 0.10 | 6.34 | (4.17) | 16.67 | |
SUI | Sui | (0.06) | 1 per month | 3.40 | 0.34 | 15.64 | (5.83) | 28.32 | |
TON | Toncoin | 0.11 | 3 per month | 3.17 | 0.03 | 4.82 | (4.70) | 25.61 | |
XLM | Stellar | 0.01 | 1 per month | 2.46 | 0.25 | 30.00 | (4.55) | 68.33 | |
WLD | Worldcoin | 0.00 | 0 per month | 5.24 | 0.11 | 13.53 | (6.80) | 33.99 | |
AVAX | Avalanche | 1.29 | 1 per month | 3.58 | 0.17 | 11.70 | (6.16) | 24.68 | |
LINK | Chainlink | 0.66 | 2 per month | 3.86 | 0.14 | 7.28 | (5.93) | 20.95 | |
TRX | TRON | 0.01 | 1 per month | 2.23 | 0.07 | 6.67 | (6.25) | 28.27 | |
APT | Aptos | 0.65 | 2 per month | 4.22 | 0.15 | 12.86 | (6.44) | 28.74 |
Biconomy Additional Predictive Modules
Most predictive techniques to examine Biconomy price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Biconomy using various technical indicators. When you analyze Biconomy 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 Biconomy 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, Biconomy 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 Biconomy based on Biconomy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Biconomy's market risk using different technical indicators and then compare them to Biconomy's related cryptocurrency tokens.
Story Coverage note for Biconomy
The number of cover stories for Biconomy depends on current market conditions and Biconomy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Biconomy 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 Biconomy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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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
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Check out Biconomy Basic Forecasting Models to cross-verify your projections. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.