As cryptocurrencies continue to grow in popularity, the demand for more effective analysis tools also increases. yPredict, a new trading analytics platform, is one such cutting edge tool and is currently conducting a crypto presale to develop its real-time AI trading analysis suite.
Utilizing a blend of conventional statistical models like ARIMA (AutoRegressive Integrated Moving Average) and newer AI models such as LSTM (Long Short-Term Memory) and SVM (Support Vector Machines), yPredict has the potential to become a go-to tool for crypto traders.
How AI Trading Merges Conventional and Modern Methods
Traditional statistical models like ARIMA have been used in various sectors for decades to forecast data points in a series. While effective, they often fall short when dealing with volatile markets like cryptocurrency.