Introduction

This report presents an assessment of the accuracy of the signals created by our AI for the period of 25th to 31st July 2023. The accuracy evaluation focuses on four major cryptocurrencies: BTC (Bitcoin), ETH (Ethereum), XRP (Ripple), and DOGE (Dogecoin). The accuracy assessments are categorized based on user risk profiles: Cautious, Balanced, and Adventurous.

Cryptocurrency Accuracy Assessment

Coin Risk App Accuracy Attended Features
BTC (Bitcoin) Cautious 50.85% Mostly attended On-chain features
BTC (Bitcoin) Balanced 50.0% Mostly attended On-chain features
BTC (Bitcoin) Adventurous 53.03% Mostly attended On-chain features
ETH (Ethereum) Cautious 71.72% Mostly attended Technical Indicators
ETH (Ethereum) Balanced 83.45% Mostly attended Technical Indicators
ETH (Ethereum) Adventurous 84.83% Mostly attended Technical Indicators
XRP (Ripple) Cautious 50.41% The price predictions were well
XRP (Ripple) Balanced 62.76% The price predictions were well
XRP (Ripple) Adventurous 57.04% Mostly attended On-chain features
DOGE (Dogecoin) Cautious 69.56% Mostly attended Technical Indicators
DOGE (Dogecoin) Balanced 75.95% Mostly attended Technical Indicators
DOGE (Dogecoin) Adventurous 75.91% Mostly attended Technical Indicators

Average Accuracy for Different Risk Appetites

- For Cautious users, the average accuracy of the Signals across all coins was 60.64%.
- For Balanced users, the average accuracy of the Signals across all coins was 68.04%.
- For Adventurous users, the average accuracy of the Signals across all coins was 67.7%.

Conclusion

The accuracy assessment of the AI for the period 25-31 July 2023 indicates varying levels of accuracy across different cryptocurrencies and user risk profiles. The AI Assistant's accuracy seems to be more consistent for users with a Balanced risk profile, achieving the highest average accuracy among the three risk profiles. This assessment provides valuable insights into the AI's performance, allowing for potential improvements in prediction methodologies and feature selection.

Note: The accuracy figures presented in this report are based on the provided data and do not account for external market factors or unforeseen events that may influence cryptocurrency prices.

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.