Bread price prediction

Our price prediction is based on hi-resolution deal analysis from cryptocurrency exchanges. We are collecting and gather statistics to obtain price support levels that show most important zones witch traders want to buy or sell stocks. These buy/sell histograms showed in report combined with current trend analysis can be used to build high probability forecasting of future price trends. It also can be useful to set a price on calculated levels to be sure maximum profit was received.

Disclaimer
Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. All trading strategies are used at your own risk. This page performs statistical analysis of past data and can be used for assumptions about the future only taking into account the statistical probability

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Bread price levels prediction for next 30 days

Next 30 days brief prediction

Price of BRD has broken last trend and will FALL from the support level $0.014210001

Historic price levels for next 30 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$0.0213115643709898 Weight: 25.664 14 Jan 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.014210001 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.747916 details, prediction
0.5752364 details, prediction
0.5681651 details, prediction
0.56816113 details, prediction
0.52361804 details, prediction
Second tier
0.5693999 details, prediction
0.5477709 details, prediction
0.50143164 details, prediction
0.50137675 details, prediction
0.4949539 details, prediction
Third tier
0.7528876 details, prediction
0.7513349 details, prediction
0.7492507 details, prediction
0.7147077 details, prediction
0.7142318 details, prediction


This report should be leaned to get most info about heading trends. It means that Bread price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.

It can be confidently asserted that any crypto currency has a significant dependence on the market as a whole and, in particular, the top 3 currencies - Bitcoin, Ethereum and Ripple, so the prediction of their prices will affect the price of Bread
Low correlated currencies
Coin Correlation Links
First tier
-0.7728189 details, prediction
-0.7656796 details, prediction
-0.73609865 details, prediction
-0.7121327 details, prediction
-0.6760615 details, prediction
Second tier
-0.78058785 details, prediction
-0.7647676 details, prediction
-0.7549292 details, prediction
-0.7501102 details, prediction
-0.7468433 details, prediction
Third tier
-0.76396143 details, prediction
-0.76196223 details, prediction
-0.75445956 details, prediction
-0.71269965 details, prediction
-0.68279964 details, prediction


This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)