Price Prediction
Price Prediction 📈
The Token Metrics Price Prediction endpoint is designed to provide you with valuable insights into the future price trends of various crypto assets. With the help of our AI-powered prediction model, we give you a one-week forecast of the expected price of a crypto asset, along with the upper and lower limits of this estimate.
Parameters: TOKEN_ID, SYMBOL, CATEGORY, EXCHANGE
Datapoints:
TOKEN_ID
Token ID for identifying each cryptocurrency (e.g., the Token ID of BTC is 3375).
NAME
The name of the crypto asset (e.g., Bitcoin).
DATE
The date of calculation of the forecast price.
FORECASTS_FOR_NEXT_7_DAYS
The price predictions for the next 7 days.
PREDICTED_RETURNS_7D
The predicted ROI for next week.
Visualize on Token Metrics Application:
Go to the Token Metrics Token Detail Page under the
price prediction chart
.Screenshot from Token Metrics Application: 7-day price prediction ranging from low to high.
Example Use Case
This example use case shows how the Token Metrics Data API can provide price predictions for a token. Traders can use this information to develop a buying or selling strategy. For example, if the price prediction is higher than the current price, the trader may decide to buy the token. On the other hand, if the price prediction is lower than the current price, the trader may decide to sell the token. The price prediction chart can provide valuable information for traders to make informed trading decisions.
Updated about 1 year ago