Historical archive. Counting rules on this page predate event-level evaluation. Unfavourable results are kept on the record. Current methodology
July 2023 week 27 archive

Test Period

The test period for evaluating the accuracy of cryptocurrency price predictions is from July 14, 2023, 00:00:00, to July 21, 2023, 00:00:00.

Introduction

In this report, we present the accuracy results of the AI Assistant's predictions for various cryptocurrencies, including BTC, ETH, XRP, and DOGE. The accuracy is evaluated for different risk appetites, namely Cautious, Balanced, and Adventurous, and at different prediction intervals of 15 minutes, 30 minutes, 1 hour, 3 hours, and 6 hours.

Result

1. 15 Minute Accuracy:

Coin Risk App Accuracy Attended Features
BTC Cautious 52.71% Based on social news
BTC Balanced 58.16% Mostly attended On-chain features
BTC Adventurous 79.84% Well-predicted price
ETH Cautious 75.07% Mostly attended Technical Indicators
ETH Balanced 77.71% Mostly attended Technical Indicators
ETH Adventurous 83.43% Well-predicted price
XRP Cautious 65.93% Based on social news
XRP Balanced 48.99% Mostly attended On-chain features
XRP Adventurous 60.95% Well-predicted price
DOGE Cautious 64.65% Well-predicted price
DOGE Balanced 66.27% Mostly attended On-chain features
DOGE Adventurous 66.27% Mostly attended On-chain features

2. 30 Minute Accuracy:

Coin Risk App Accuracy Attended Features
BTC Cautious 51.17% Mostly attended On-chain features
BTC Balanced 53.82% Mostly attended On-chain features
BTC Adventurous 58.19% Well-predicted price
ETH Cautious 57.31% Based on social news
ETH Balanced 57.28% Mostly attended Technical Indicators
ETH Adventurous 59.92% Well-predicted price
XRP Cautious 62.96% Based on social news
XRP Balanced 60.56% Based on social news
XRP Adventurous 56.92% Mostly attended On-chain features
DOGE Cautious 53.44% Based on social news
DOGE Balanced 51.83% Mostly attended Technical Indicators
DOGE Adventurous 63.55% Based on social news

3. 1 Hour Accuracy:

Coin Risk App Accuracy Attended Features
BTC Cautious 66.53% Mostly attended On-chain features
BTC Balanced 67.07% Mostly attended On-chain features
BTC Adventurous 71.65% Mostly attended On-chain features
ETH Cautious 63.77% Mostly attended Technical Indicators
ETH Balanced 67.26% Mostly attended Technical Indicators
ETH Adventurous 73.7% Mostly attended On-chain features
XRP Cautious 90.12% Based on social news
XRP Balanced 67.13% Based on social news
XRP Adventurous 57.03% Well-predicted price
DOGE Cautious 54.85% Based on social news
DOGE Balanced 52.73% Based on social news
DOGE Adventurous 65.55% Based on social news

4. 3 Hour Accuracy:

Coin Risk App Accuracy Attended Features
BTC Cautious 51.39% Mostly attended On-chain features
BTC Balanced 55.56% Mostly attended On-chain features
BTC Adventurous 59.07% Well-predicted price
ETH Cautious 56.51% Mostly attended Technical Indicators
ETH Balanced 57.89% Mostly attended Technical Indicators
ETH Adventurous 61.18% Well-predicted price
XRP Cautious 59.88% Based on social news
XRP Balanced 57.41% Based on social news
XRP Adventurous 56.32% Mostly attended On-chain features
DOGE Cautious 54.85% Based on social news
DOGE Balanced 52.73% Based on social news
DOGE Adventurous 65.55% Based on social news

5. 6 Hour Accuracy:

Coin Risk App Accuracy Attended Features
BTC Cautious 51.39% Mostly attended On-chain features
BTC Balanced 55.56% Mostly attended On-chain features
BTC Adventurous 59.07% Well-predicted price
ETH Cautious 56.51% Mostly attended Technical Indicators
ETH Balanced 57.89% Mostly attended Technical Indicators
ETH Adventurous 61.18% Well-predicted price
XRP Cautious 59.88% Based on social news
XRP Balanced 57.41% Based on social news
XRP Adventurous 56.32% Mostly attended On-chain features
DOGE Cautious 54.85% Based on social news
DOGE Balanced 52.73% Based on social news
DOGE Adventurous 65.55% Based on social news

Average Accuracy for Different Risk Appetites

- For Cautious users, the average accuracy of the Signals among all coins was 60.15%.
- For Balanced users, the average accuracy of the Signals among all coins was 59.17%.
- For Adventurous users, the average accuracy of the Signals among all coins was 65.16%.

Overall Average Accuracy for All Time Intervals

The overall average accuracy of the Signals among all coins, considering all time intervals, is 61.24%.

Conclusion

The AI's accuracy in predicting cryptocurrency prices varies based on the risk appetite and the time interval of predictions. The AI performed relatively better for Adventurous users compared to Cautious and Balanced users. It achieved the highest average accuracy for the Adventurous risk appetite, indicating that users willing to take higher risks may benefit more from the AI's predictions. However, the overall average accuracy for all risk appetites and time intervals was moderate, suggesting that further improvements could be made to enhance the accuracy of the Signal's predictions.

Note: The accuracy results and conclusions provided in this report are based on historical data, and cryptocurrency markets are highly volatile and subject to rapid changes. Therefore, these results may not be indicative of future performance. Users are advised to exercise caution and perform their own research before making any financial decisions based on AI predictions.

Market terms used here

CryptoCrispy reports score cryptocurrency trading signals on USDT spot pairs — Bitcoin (BTC), Ethereum (ETH), and altcoins such as SOL, XRP, BNB, and RENDER. Published Telegram buy/sell alerts are counted separately from in-app AI Assistant suggestions.

See how these numbers are counted and the crypto trading reports library.