Factom 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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Factom price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of FCT has broken last trend and will RAISE from the support level $3.301

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
$3.416043281555176 Weight: 11.356 17 May 2019

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
3.301 Minimal price support level based on 24 hours movements

Factom price levels prediction for next 7 days

Next 7 days brief prediction

Price of FCT will be traded in CHANNEL near to $3.6360002 with $4.224 as upper border and $3.104 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
$4.552794933319092 Weight: 29.942 17 Nov 2018
$3.839479446411133 Weight: 10.869 14 Aug 2018
$3.416043281555176 Weight: 11.356 17 May 2019

Volume profile price channel in 7 days range

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

Factom price levels prediction for next 30 days

Next 30 days brief prediction

Price of FCT will be traded in CHANNEL near to $4.106 with $4.5199995 as upper border and $3.0439997 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
$8.745260238647461 Weight: 9.876 08 Dec 2018
$8.355493545532227 Weight: 6.287 20 Jul 2018
$7.893836975097656 Weight: 9.989 13 Jun 2018
$7.817570209503174 Weight: 7.139 16 Jul 2018
$7.442582607269287 Weight: 6.701 27 Nov 2018
$6.1728315353393555 Weight: 34.107 29 Jun 2018
$4.552794933319092 Weight: 29.942 17 Nov 2018
$3.839479446411133 Weight: 10.869 14 Aug 2018
$3.416043281555176 Weight: 11.356 17 May 2019
$2.052302598953247 Weight: 10.798 07 Mar 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
4.5199995 Channel maximum price resist level based on 30 days movements
3.0439997 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.7511277 details, prediction
0.6612525 details, prediction
0.6249301 details, prediction
0.6087293 details, prediction
0.5818857 details, prediction
Second tier
0.91243565 details, prediction
0.9118514 details, prediction
0.9091069 details, prediction
0.88510567 details, prediction
0.87592673 details, prediction
Third tier
0.9666878 details, prediction
0.957343 details, prediction
0.9548056 details, prediction
0.95195127 details, prediction
0.94880384 details, prediction


This report should be leaned to get most info about heading trends. It means that Factom 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 Factom
Low correlated currencies
Coin Correlation Links
First tier
-0.74498737 details, prediction
-0.7417244 details, prediction
-0.39061555 details, prediction
-0.11029386 details, prediction
-0.092135936 details, prediction
Second tier
-0.9045162 details, prediction
-0.8849863 details, prediction
-0.81727976 details, prediction
-0.80972576 details, prediction
-0.80625093 details, prediction
Third tier
-0.8759335 details, prediction
-0.8485514 details, prediction
-0.8421683 details, prediction
-0.8381585 details, prediction
-0.8323085 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)