Dragonchain 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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Dragonchain price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of DRGN will be traded in CHANNEL near to $0.054199997 with $0.055299997 as upper border and $0.051549997 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
$0.05846092477440834 Weight: 5.835 14 Dec 2018

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.055299997 Channel maximum price resist level based on 24 hours movements
0.051549997 Channel minimum price resist level based on 24 hours movements

Dragonchain price levels prediction for next 7 days

Next 7 days brief prediction

Price of DRGN will be traded in CHANNEL near to $0.049999997 with $0.0546 as upper border and $0.037639998 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
$0.05846092477440834 Weight: 5.835 14 Dec 2018

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.0546 Channel maximum price resist level based on 7 days movements
0.037639998 Channel minimum price resist level based on 7 days movements

Dragonchain price levels prediction for next 30 days

Next 30 days brief prediction

Price of DRGN is now on EDGE at $0.0535. So the next scenario is able. If price will go up, it will RAISE with support level $0.0535 If price will go down it will spend next in CHANNEL near to $0.0432 with $0.0535 as upper border and $0.03375 as bottom.

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
$0.05846092477440834 Weight: 5.835 14 Dec 2018

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.0535 Edge price dividing trends based on 30 days movements
0.03375 Minimum price support level in case of RAISE trend based on 30 days movements
0.0535 Channel maximum price resist level based in case of FALL trend on 30 days movements
0.03375 Channel minimum price resist level based in case of FALL trend on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8260655 details, prediction
0.8216909 details, prediction
0.8183859 details, prediction
0.7893796 details, prediction
0.7853189 details, prediction
Second tier
0.86574435 details, prediction
0.85644615 details, prediction
0.84842664 details, prediction
0.8462557 details, prediction
0.8415791 details, prediction
Third tier
0.90404665 details, prediction
0.8924432 details, prediction
0.889708 details, prediction
0.8889784 details, prediction
0.8885841 details, prediction


This report should be leaned to get most info about heading trends. It means that Dragonchain 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 Dragonchain
Low correlated currencies
Coin Correlation Links
First tier
-0.6905551 details, prediction
-0.6728859 details, prediction
-0.6026047 details, prediction
-0.53357273 details, prediction
-0.39587232 details, prediction
Second tier
-0.79325557 details, prediction
-0.7765804 details, prediction
-0.48218292 details, prediction
-0.47436386 details, prediction
-0.43393838 details, prediction
Third tier
-0.83572716 details, prediction
-0.66128165 details, prediction
-0.6530697 details, prediction
-0.62712383 details, prediction
-0.6138142 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)