Each week, subscribers to Cointelegraph’s Markets Pro data analytics platform receive a thorough analysis of the week’s top performers and VORTECS ore Score to track potential bullish and bearish events.
Here are some of the highlights from the latest report:
Axie Infinity Shard (AXS) set a new record with excellent VORTECS performance.
Three out of ten drivers with the highest price will receive a VORTECS vurdering rating of 80 or higher before they reach the top.
NewsQuakes ™ alerts gave traders an early indication of an increase in the double-digit NEAR and RAY indices.
VORTECS ™ All-Time Average Record against Bitcoin (BTC) showed the highest gains 24 and 72 hours after Flash 80 and 90 assets.
Community members shared information about tokens and successful trading strategies.
AXS forges its own path to the moon
Axie Infinity’s excellent run in AXS to a new all-time high of $ 155.27 has also shocked many investors and deserves special attention.
The property’s increase in value stems from its growing utility in the virtual world of Axie Infinity, where players generate, trade and fight Non-Foldable Token (NFT) -based creatures called Axies to earn AXS along with another token called Smooth Love Potion (SLP) . There are now over 1.85 million active players in the game, which is 4500% more than in April 2021.
It is clear that the asset has undergone several explosive barriers to the current valuation. The data collected throughout this time have allowed the Cointelegraph-exclusive VORTECS index to be exceptionally good at identifying clear signs of breaches of AXS.
Cointelegraph Markets Pro’s VORTECS score is an algorithmic comparison of historical and current social and market conditions around a coin based on a number of variables, including market sentiment, trading volume, recent price movements and Twitter activity.
Although the indicator does not tell investors when to buy or sell, it can provide information based on bullish or bearish conditions for a particular currency. According to the algorithm, the higher the score, the more likely the observed conditions will be historically favorable within the next 12 to 72 hours.
When it comes to AXS, the historical precedents seem particularly useful.
VORTECS ™ result (green) versus AXS price, 25 September – 2 October. Source: Cointelegraph Markets Pro
Between September 25 and October 2, AXS gained 76.67% against the US dollar and 56.05% against Bitcoin, reaching a new record high of over $ 117.
AXS peaked with a VORTECS ™ 87 on September 26 when it was priced at $ 63.15 and the model recognized historically optimistic settings for market dynamics and social sentiment. The hacking began two and a half days later when the coin began to rise steadily from $ 65 to $ 117 on October 2.
The top scorer of all time
With just 60 days of VORTECS 80 with 80 or higher, AXS remains the second best player of all time in terms of high performance days, behind only RUNE THORChain.
However, the average recoil of the AXS after high performance is much better than the RUNE.
On average, AXS increased 4% 24 hours after VORTECS ™ reached 80, 7% after 48 hours and 10% after 72 hours. When looking at the cases where the coin hit the 90 VORTECS merket mark, the average return on the coin is even more impressive: 7% after 24 hours, 13% after 48 hours and 21% after 72 hours.
VORTECS ™ result (green) versus AXS price, 29 September – 5 October. Source: Cointelegraph Markets Pro
The price of the coin stabilized on October 2 and 3 after a record high above $ 117. As the price continued to stabilize, the result of AXS ‘VORTECS begynte began to rise sharply again and broke the threshold of 80 when it traded at $ 105, rising to 96. Fifteen hours after reaching 80, the AXS price reached an all time high. max $ 153.70.
At the moment, AXS ‘VORTECS po points are back to the 80’s, so the celebration is probably not over yet.