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Can IV rank and IV percentile help predict the future price movements of cryptocurrencies?

avatarMJM17Nov 24, 2021 · 3 years ago1 answers

Can the use of IV rank and IV percentile provide valuable insights into predicting the future price movements of cryptocurrencies?

Can IV rank and IV percentile help predict the future price movements of cryptocurrencies?

1 answers

  • avatarNov 24, 2021 · 3 years ago
    At BYDFi, we believe that IV rank and IV percentile can be valuable tools for predicting the future price movements of cryptocurrencies. These indicators provide insights into the market's expectations of volatility, which can help traders make more informed decisions. By analyzing IV rank and IV percentile alongside other technical indicators and fundamental analysis, traders can gain a comprehensive understanding of the market dynamics and make predictions with higher accuracy. However, it is important to note that no indicator or tool can guarantee accurate predictions, and traders should always exercise caution and conduct thorough research before making any trading decisions.