1. Technical Analysis: This approach calculates the future price of KIP based on historical data. The longer the forecast period, the less accurate it becomes due to the high volatility of cryptocurrencies. One year is typically the limit as a forecast period. Technical analysis is a paramount method for KIP contract trading.
2. Valuation: This strategy focuses on value investing, eschewing technical analysis to delve deeper into an asset's intrinsic value and thereby reducing trading frequency. This approach, often used by legendary investors, is crucial for spot investment. When market participants talk about investing in a crypto asset and earning returns multiple times their investment, they're referring to buying spot based on valuation and holding for the medium to long term. BingX provides valuations for a variety of popular tokens. To view the valuation of KIP, click on KIP Price.
3. MVRV (Market Value to Realized Value): This indicator requires extensive data, the most critical being the price and quantity of KIP purchased via on-chain wallets, which requires meticulous calculation. MVRV only predicts whether the price is currently high or low. It's often used alongside valuation strategies to decide when to buy and sell KIP. Insights from the KIP MVRV are included in the "KIP Price" section.