Price Prediction Model
This page details Jarvis' ERC-20 Token Price Prediction Model.
Last updated
This page details Jarvis' ERC-20 Token Price Prediction Model.
Last updated
Price Analysis & Technical Price Prediction:
Jarvis AI’s Price Prediction Model leverages advanced machine learning techniques to forecast future price movements of cryptocurrency tokens on the Ethereum Blockchain.
Through meticulous data preprocessing and feature engineering, it is ensured that the input is conducive to Jarvis’s effective learning.
Employing a time-series prediction approach, a Long Short-Term Memory (LSTM) network
has been selected for Jarvis’s price prediction Model, as a result of its capability to capture intricate patterns in cryptocurrency market dynamics.
At its core, Jarvis’s Price Prediction Model is based on the interpretation of disparities between the traded token’s moving averages and discrepancies in its volume metrics.
Evaluated moving averages include:
The Simple Moving Average (SMA)
The Exponential Moving Average (EMA)
The Weighted Moving Average (WMA)
Evaluated volume metrics include:
Trading Volume
Relative Volume
On-Balance Volume (OBV).
Volume Moving Averages are also evaluated.
Jarvis’s price prediction accuracy is further improved through the evaluation and interpretation of other technical factors.
These include:
The Fibonacci Retracement Levels
The Relative Strength Index (RSI)
The Moving Average Convergence Divergence (MACD).
The combined interpretation of all factors mentioned above allows Jarvis to accurately predict a token’s price movement. The model is trained on historical data, undergoing constant evaluation and fine-tuning to optimize its performance. Regular updates and periodic retraining mechanisms are implemented to ensure adaptability to the evolving nature of the cryptocurrency market.