Crypto prices are determined on various online exchanges based on supply and demand. Factors affecting prices include market sentiment, news headlines, product announcements, changes in regulatory policy, etc.
Due to the high volatility of the crypto market and the fact that different cryptos work differently and have different characteristics, it is extremely difficult to predict crypto prices. Some of the methods that analysts use include: analyzing market trends and market sentiment, analyzing technical charts and indicators, as well as closely following news and developments in the crypto industry.
