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

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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 $0.2138

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
$0.44949233531951904 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
0.7490338 details, prediction
0.693722 details, prediction
0.6604033 details, prediction
0.65754557 details, prediction
0.6544606 details, prediction
Second tier
0.85253334 details, prediction
0.82161736 details, prediction
0.7633658 details, prediction
0.7513518 details, prediction
0.73393464 details, prediction
Third tier
0.88720405 details, prediction
0.8704752 details, prediction
0.80089647 details, prediction
0.7997618 details, prediction
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
-0.48145622 details, prediction
-0.18292654 details, prediction
-0.031739358 details, prediction
-0.028580671 details, prediction
0.102107555 details, prediction
Second tier
-0.5126784 details, prediction
-0.46575156 details, prediction
-0.43754253 details, prediction
-0.3799686 details, prediction
-0.3733801 details, prediction
Third tier
-0.7082973 details, prediction
-0.6321269 details, prediction
-0.60873395 details, prediction
-0.6078284 details, prediction
-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)