POLONIEX:XRPUSDT   Ripple / Tether USD
Currently, the price has been within channel seven for 27 days. This is well above the average of 21.82 days. However, this is only within the confidence interval of 42.5%. This will climb very quickly to 90% if the price stays within this channel for another 9 days. The probability of a move into channel 8 is as follows:

9/18/17(Today): 42.5%
9/19/17: 50
9/20/17: 56.5%
9/21/17: 62%
9/21/17: 67.5%
9/22/17: 72%
9/23/17: 76%
9/24/17: 79.5%
9/25/17: 82.5%
9/26/17: 85%
9/27/17: 87%
9/28/17: 89%
評論: 79.5% confidence of a move into the next channel.
評論: 82.5%
評論: Today, XRP broke up to channel 8 at the 85% CI.
https://www.kenzing.com
could you update this when you have time?

Thank you!
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Hello GrantPeace, can you explain what the percentile means? What does 90% Confidence Interval and: 7.66 - 35.97 mean? I am really new to this.
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wilson1stop unitednoobies
@unitednoobies, Neither with I
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GrantPeace wilson1stop
@wilson1stop, Confidence Interval (CI) is a method in statistics developed by Jerzy Neyman that is determined by what amount of samples within a population lie within a specific range. This allows us to determine the probability of a future event.
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unitednoobies GrantPeace
@GrantPeace, Ahh I see. Then what does the percentile mean? Such as 90%
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GrantPeace unitednoobies
@unitednoobies, It means we can be 90% sure it will move into the next zone during that day (9/29/17). Today we are 62% sure it will move into the next zone - not very confident.
90% is very confident.
+2 回覆
unitednoobies GrantPeace
@GrantPeace, Ah it makes perfect sense now. Thank you. I am a long term holder of xrp, however, I am waiting to see how XRP will perform before, during, and after the SWELL conference meeting.
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