Hydro Protocol 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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Hydro Protocol price levels prediction for next 30 days

Next 30 days brief prediction

Price of HOT has broken last trend and will FALL from the support level $0.0019440001

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
$0.0019506667740643024 Weight: 13.398 14 Jan 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.0019440001 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8908293 details, prediction
0.8116575 details, prediction
0.7984931 details, prediction
0.6969193 details, prediction
0.6574609 details, prediction
Second tier
0.9514302 details, prediction
0.90958977 details, prediction
0.90209186 details, prediction
0.87673444 details, prediction
0.8633399 details, prediction
Third tier
0.9230433 details, prediction
0.9160323 details, prediction
0.88287526 details, prediction
0.8667171 details, prediction
0.85575724 details, prediction


This report should be leaned to get most info about heading trends. It means that Hydro Protocol 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 Hydro Protocol
Low correlated currencies
Coin Correlation Links
First tier
-0.784651 details, prediction
-0.7371548 details, prediction
-0.7251652 details, prediction
-0.6641941 details, prediction
-0.6427047 details, prediction
Second tier
-0.7583348 details, prediction
-0.7517625 details, prediction
-0.72451174 details, prediction
-0.7002398 details, prediction
-0.7000111 details, prediction
Third tier
-0.8330075 details, prediction
-0.82908976 details, prediction
-0.7834837 details, prediction
-0.7766547 details, prediction
-0.7751304 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)