Covesting 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
Read more detailed info about this tool
Covesting price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of COV will be traded in CHANNEL near to $0.22160001 with $0.22780001 as upper border and $0.20400001 as bottom.Historic 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 |
|---|---|
| 0.22780001 | Channel maximum price resist level based on 24 hours movements |
| 0.20400001 | Channel minimum price resist level based on 24 hours movements |
Covesting price levels prediction for next 7 days
Next 7 days brief prediction
Price of COV is now on EDGE at $0.22459999. So the next scenario is able. If price will go up, it will RAISE with support level $0.22459999 If price will go down it will spend next in CHANNEL near to $0.2062 with $0.22459999 as upper border and $0.20179999 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 |
|---|---|---|
| $0.2919129431247711 | Weight: 10.586 | 23 Feb 2021 |
| $0.2828918993473053 | Weight: 6.735 | 06 Dec 2018 |
| $0.1801990270614624 | Weight: 7.025 | 07 Oct 2020 |
| $0.15064869821071625 | Weight: 11.595 | 26 Aug 2020 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.22459999 | Edge price dividing trends based on 7 days movements |
| 0.20179999 | Minimum price support level in case of RAISE trend based on 7 days movements |
| 0.22459999 | Channel maximum price resist level based in case of FALL trend on 7 days movements |
| 0.20179999 | Channel minimum price resist level based in case of FALL trend on 7 days movements |
Covesting price levels prediction for next 30 days
Next 30 days brief prediction
Price of COV has broken last trend and will RAISE from the support level $0.2138Historic 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 |
|---|---|---|
| $0.44949233531951904 | Weight: 18.678 | 23 Dec 2020 |
| $0.4252125322818756 | Weight: 38.949 | 15 Oct 2018 |
| $0.40975022315979004 | Weight: 100 | 07 Apr 2018 |
| $0.40464746952056885 | Weight: 17.638 | 31 Dec 2020 |
| $0.4009908139705658 | Weight: 17.125 | 31 Dec 2020 |
| $0.3917800188064575 | Weight: 16.824 | 02 Jan 2021 |
| $0.3622331917285919 | Weight: 48.492 | 25 Nov 2018 |
| $0.34423506259918213 | Weight: 34.31 | 29 May 2021 |
| $0.32949501276016235 | Weight: 14.525 | 21 Mar 2022 |
| $0.32593587040901184 | Weight: 22.265 | 12 Nov 2021 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.2138 | Minimal price support level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Fantom
FTM
|
0.7490338 | details, prediction |
Decentraland
MANA
|
0.693722 | details, prediction |
Matic Network
MATIC
|
0.6604033 | details, prediction |
KuCoin Shares
KCS
|
0.65754557 | details, prediction |
Huobi Token
HT
|
0.6544606 | details, prediction |
| Second tier | ||
XYO Network
XYO
|
0.85253334 | details, prediction |
RSK Infrastructure Framework
RIF
|
0.82161736 | details, prediction |
Elastos
ELA
|
0.7633658 | details, prediction |
Electroneum
ETN
|
0.7513518 | details, prediction |
Aragon
ANT
|
0.73393464 | details, prediction |
| Third tier | ||
Aurora Chain
AOA
|
0.88720405 | details, prediction |
Cappasity
CAPP
|
0.8704752 | details, prediction |
TrueChain
TRUE
|
0.80089647 | details, prediction |
Merculet
MVP
|
0.7997618 | details, prediction |
SirinLabs
SRN
|
0.7970616 | details, prediction |
This report should be leaned to get most info about heading trends. It means that Covesting 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 Covesting
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
TRON
TRX
|
-0.48145622 | details, prediction |
Monero
XMR
|
-0.18292654 | details, prediction |
ZCash
ZEC
|
-0.031739358 | details, prediction |
Waves
WAVES
|
-0.028580671 | details, prediction |
Ethereum Classic
ETC
|
0.102107555 | details, prediction |
| Second tier | ||
Dai
DAI
|
-0.5126784 | details, prediction |
USD//Coin
USDC
|
-0.46575156 | details, prediction |
Paxos Standard
PAX
|
-0.43754253 | details, prediction |
True USD
TUSD
|
-0.3799686 | details, prediction |
EthLend
LEND
|
-0.3733801 | details, prediction |
| Third tier | ||
Time New Bank
TNB
|
-0.7082973 | details, prediction |
Crypviser
CVCOIN
|
-0.6321269 | details, prediction |
Envion
EVN
|
-0.60873395 | details, prediction |
Seele
SEELE
|
-0.6078284 | details, prediction |
Haven Protocol
XHV
|
-0.5630083 | 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)