5 spectacular altcoin rallies, there is one thing in common

In crypto trading, we often see the simultaneous development of the entire industry. The DeFi tokens may all bend upwards together, while the Metaverse tokens soared due to the news of Facebook’s plastic surgery.

But this week’s top cryptocurrency performers have little in common…except for one trading indicator that lights up with a pulsating green neon sign before the price trend rises.

Let’s take a look today:

  • Polygon (MATIC)-Ethereum’s layer 2 scaling solution
  • Aave (imaginary AAVE)-a decentralized financial (DeFi) asset
  • Voyager (VGX) — an encrypted trading platform
  • Koinos (KOIN)-a free basic blockchain built for scalability
  • Linear (LINA) — cross-chain asset agreement

In the past month, everyone has made significant progress, and despite the differences, they have one thing in common.

Everyone earned a VORTECS™ score of over 90 before reaching the highest price level.

In fact, all these tokens exhibit patterns of transactions and social behavior Conspicuously Similar to the situation before the rebound in the past. Once these extremely strong trading conditions are detected, most of these cryptocurrencies will enter a virtuous circle, in which their price dynamics generate increased trading volume and tweets, which in turn will drive the next stage of rebound.

Do traders have the opportunity to take these moon shuttle buses early?

Sign of extreme confidence

The indicator that shows extremely bullish conditions is called VORTECS™ Score. This tool is available through Cointelegraph’s subscription-based data intelligence platform. Market Professional Edition.

Its job is to compare current trading and emotional conditions with historically similar situations and alert traders when a bullish pattern is detected. Real-time testing of the VORTECS algorithm It has been going on for more than ten months.

A VORTECS™ score above 80 is considered to be confidently bullish. On average, assets exceed the 80-point threshold 30 to 50 times a week.

However, scores of 90 or above are rare. In an average week, such scores usually do not exceed 4-5 times, and sometimes there can be no 90 for a whole week.

These extremely high scores indicate that the algorithm has strong confidence that the observed conditions are similar to the conditions before the outstanding price performance of the asset in the past.As Reported before, A score higher than 90 sometimes precedes the price appreciation, which may last for several days.

Here is how it worked with some of the highest VORTECS™ assets last month.

KOIN: +100% after the highest score

KOIN is an asset, and its first VORTECS™ score was calculated on November 5th, making a formidable start from the start. The asset’s score hit the 90 mark a few hours after its debut at a price of 22 cents.

Within a day, it reached a high of $0.44, an increase of 100%. The skyrocket was accompanied by an additional 432% of trading volume and 221% of the usual tweet level.

VORTECS™ scores (green) and KOIN prices, October 31st to November 6th. source: Cointelegraph Markets Pro

The particularly striking result of the Koinos price increase event may be due in part to its low market value, which was only $20 million before the sharp increase in prices.

MATIC: +35% after peak VORTECS score

The outstanding performance of MATIC this month is due to the surge in the number of active Polygon addresses and the launch of projects on the Polygon network. The peak VORTECS™ score of 94.2 for the asset appeared on October 16th (red circle in the chart), when the asset was traded at $1.56.

VORTECS™ scores (green) and MATIC prices, October 5th to November 5th. source: Cointelegraph Markets Pro

After reaching the peak, the price of MATIC did not immediately soar because the favorable conditions were not fully realized until nearly two weeks later. However, the maximum price increase recorded after the record score reached 35%, and the ensuing transaction volume surged by 6.68%, and tweets mentioning the asset increased by 11.08%.

AAVE: +11% after peak

AAVE’s high water mark appeared on October 18, when its VORTECS™ score was 90.8. At that time, DeFi tokens changed hands at a price of $304.

VORTECS™ score (green) and AAVE price, October 5th to November 5th. source: Cointelegraph Markets Pro

AAVE’s ultra-high scores heralded another 11-day rebound, which finally ended at a price of $338 on October 29. The growth in transaction volume and tweet volume is even more impressive: 488% and 118%, respectively.

Lena: +13.4% after the peak

LINA recorded its most optimistic historical outlook on October 11, when its VORTECS™ score reached 90.2 and the price was $0.052.

From October 5th to November 5th, the VORTECS™ score (green) is compared with the price of LINA. source: Cointelegraph Markets Pro

The next phase of its price movement rose to $0.059 in 7 days, while trading volume increased by 439% and tweets increased by 200%.

VGX: +3.7% after peak

The Voyager Token (VGX) saw its highest VORTECS™ score (91.9) this month during its sharp rise from US$2.11 to US$3.05.

VORTECS™ score (green) and VGX price, October 5th to November 5th. source: Cointelegraph Markets Pro

The asset’s price continued to hover above $3 for the next four days, thanks to a 42.89% increase in transaction volume and 10.19% fierce Twitter conversations following a historically bullish outlook. VGX’s momentum weakened in early November, but strong fundamentals may herald an imminent recovery.

We can conclude from the previous analysis that it turns out that looking at tokens with a VORTECS™ score of 80 points is an effective strategy for traders seeking to identify a range of assets that will perform well in the next few days .

Focusing on those few with a score of more than 90 might serve better Market Professional Member Who prefers to operate at a higher level of confidence and a longer time horizon.

Cointelegraph is a publisher of financial information, not an investment advisor. We do not provide personalized or personalized investment advice. Cryptocurrency is an unstable investment and carries significant risks, including the risk of permanent loss and total loss. Past performance does not predict future results. The figures and diagrams are correct at the time of writing or otherwise specified. The strategy of real-time testing is not a recommendation. Before making a financial decision, consult your financial advisor.

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