BitNewChain 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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BitNewChain price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of BTN has broken last trend and will RAISE from the support level $0.0011480001Historic price levels for next 24 hours
These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
| Price | Weight(level power) | Date of formation |
|---|
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.0011480001 | Minimal price support level based on 24 hours movements |
BitNewChain price levels prediction for next 7 days
Next 7 days brief prediction
Price of BTN will be traded in CHANNEL near to $0.0026480001 with $0.0026930002 as upper border and $0.0010820001 as bottom.Historic price levels for next 7 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 |
|---|---|---|
| $0.007482097018510103 | Weight: 63.049 | 30 Sep 2019 |
| $0.006506412290036678 | Weight: 100 | 18 Oct 2018 |
| $0.004672101698815823 | Weight: 19.207 | 26 Jan 2020 |
| $0.0038299744483083487 | Weight: 37.555 | 01 Nov 2019 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.0026930002 | Channel maximum price resist level based on 7 days movements |
| 0.0010820001 | Channel minimum price resist level based on 7 days movements |
BitNewChain price levels prediction for next 30 days
Next 30 days brief prediction
Price of BTN has broken last trend and will FALL from the support level $0.001895Historic 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 |
|---|---|---|
| $0.01744936965405941 | Weight: 51.848 | 15 Oct 2018 |
| $0.0170750729739666 | Weight: 31.52 | 12 Sep 2019 |
| $0.01577172800898552 | Weight: 33.861 | 20 Feb 2019 |
| $0.007482097018510103 | Weight: 63.049 | 30 Sep 2019 |
| $0.006506412290036678 | Weight: 100 | 18 Oct 2018 |
| $0.004672101698815823 | Weight: 19.207 | 26 Jan 2020 |
| $0.0038299744483083487 | Weight: 37.555 | 01 Nov 2019 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.001895 | Maximum price support level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
TRON
TRX
|
0.54347384 | details, prediction |
Fantom
FTM
|
0.44536537 | details, prediction |
SONM
SNM
|
0.43484852 | details, prediction |
KuCoin Shares
KCS
|
0.35310537 | details, prediction |
UNUS SED LEO
LEO
|
0.23384067 | details, prediction |
| Second tier | ||
FTX Token
FTT
|
0.5783186 | details, prediction |
NEO
NEO
|
0.55125993 | details, prediction |
Loopring
LRC
|
0.47394934 | details, prediction |
Theta Fuel
TFUEL
|
0.4700074 | details, prediction |
EthLend
LEND
|
0.46347862 | details, prediction |
| Third tier | ||
PinkCoin
PINK
|
0.776266 | details, prediction |
Ubiq
UBQ
|
0.70101863 | details, prediction |
Kcash
KCASH
|
0.6809909 | details, prediction |
BCDiploma
BCDT
|
0.6602692 | details, prediction |
SelfKey
KEY
|
0.65393 | details, prediction |
This report should be leaned to get most info about heading trends. It means that BitNewChain 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 BitNewChain
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Cardano
ADA
|
-0.556964 | details, prediction |
Ethereum Classic
ETC
|
-0.42674968 | details, prediction |
Stellar
XLM
|
-0.35483515 | details, prediction |
ZCash
ZEC
|
-0.35175124 | details, prediction |
Dogecoin
DOGE
|
-0.27580553 | details, prediction |
| Second tier | ||
HedgeTrade
HEDG
|
-0.44517416 | details, prediction |
Bitcoin SV
BSV
|
-0.44312584 | details, prediction |
DigiByte
DGB
|
-0.40995213 | details, prediction |
Vechain
VET
|
-0.40959653 | details, prediction |
HoloToken
HOT
|
-0.40023103 | details, prediction |
| Third tier | ||
Prizm
PZM
|
-0.72792715 | details, prediction |
INS Ecosystem
INS
|
-0.65123874 | details, prediction |
PrimeCoin
XPM
|
-0.6197143 | details, prediction |
Peculium
PCL
|
-0.57040316 | details, prediction |
TomoChain
TOMO
|
-0.5282878 | 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)