CRYPTO

How this quant-style indicator predicts a new ATH to the X-Infinity assembly


Each week, customers on Cointelegraph’s Markets Pro Data Analytics platform receive details of the week’s best performers and VORTECS ore score index performance to track potential bullish and bearish developments.

Here are some highlights from a recent report:

  • Axis Infinity Shard (AXS) has set a new all-time record after a strong VORTECS ™ score.
  • Three of the top ten movers in the top price shed Vortex shed 80 or more before the score peaked.
  • NewsQuakes ™ The alert gave an early signal for traders to rally around and double the RAY.
  • The average gain of scorers against the all-time top VORTECS Bit Bitcoin (BTC) showed that the highest returns come after the asset flash scores 80 and 90 after 24 and 72 hours.
  • Community members shared information about interesting tokens and successful trading strategies.

AXS determines its own path to the moon

The extraordinary run of Axis Infinity’s AXS to a new all-time high of 5 155.27 has stunned many investors and demands special attention.

The whirlwind appreciation of the property follows the growing utility of the virtual Axis Infinity universe where players reproduce, trade and fight Unwanted Tokens (NFT) based animal Axis as well as another token called Smooth Profit (SLP). The game now has more than 1.85 million active players, an increase of 4,500% since April 2021.

Clearly, the asset has seen a number of explosive assemblies along the way to its current valuation. The data generated during this period validates the VORTECS ™ indicator, which may be exceptionally good for Cointelegraph to recognize the tetal symptoms of AXS breakout.

The VORTECS ore score, exclusively Cointelegraph Markets Pro, is an algorithmic comparison of historical and current markets and social conditions that is calculated around a currency based on a combination of variables including market sentiment, trading volume, recent price movements and Twitter activity.

Although the indicator will not tell investors when it will be long or short, it can provide insights for a particular currency based on historically bullish or bearish conditions. According to the algorithm, the higher the score, the more likely it is that the observed condition will be historically favorable for the next 12 to 72 hours.

In the case of AXS, the historical precedent seems particularly instructive.

VORTECS ™ Score (green) vs. AXS Price, September 25 – October 2. Source. Cointelegraph Markets Pro

Between September 25 and October 2, the AXS rose 76.67% against the US dollar and 56.05% against Bitcoin, reaching an all-time high above $ 117.

AXS saw its VORTECS ™ score peak on September 26 when it was priced at 63 63.15, and the model has historically recognized the historically bullish setup of market dynamics and social sentiment. The breakout starts about 2 1/2 days later when the October 2 token continues to rise steadily from $ 65 to $ 117.

Highest scorer of all time

With VORTECS 80 scores of 80 or more hits in 60 days overall, AXS remains the best performer of all time on high-score days, just behind THORChain’s RUNE.

However, following high scores, AXS’s average earnings are much better than RUNE’s.

On average, AXS gains its VORTECS 24 scores after0%, 48% 48% and% 24 hours after %% hits. When the coin hits the 90 VORTECS চিহ্ন score mark, the average return of that currency is even more impressive: 7% after 24 hours, 13% after 48 hours and 21% after 72 hours.

VORTECS ™ Score (green) vs. AXS Price, September 29 – October 5. Source. Cointelegraph Markets Pro

Token prices hit an all-time high above $ 117 on October 2nd and 3rd. As prices remain flat, the AXS ‘VORTECS ™ score begins to rise sharply again, crossing the 80 mark when it trades at 10 105 and rises to 96.

Currently, AXS ‘VORTECS ™ scores are back in the high eighties, so it’s quite possible that the banquet isn’t over yet.

Cointelegraph is a publisher of financial information, not an investment advisor. We do not offer personalized or personalized investment advice. Cryptocurrencies carry significant risks, including volatile investments and permanent and complete losses. Past performance is not indicative of future results. Statistics and charts are accurate as of the time of writing or otherwise specified. Live-tested techniques are not recommended. Consult your financial advisor before making a financial decision.