EthLend 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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EthLend price levels prediction for next 30 days
Next 30 days brief prediction
Price of LEND has broken last trend and will RAISE from the support level $0.829Historic 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 |
|---|---|---|
| $0.9187715649604797 | Weight: 7.484 | 23 Jan 2021 |
| $0.9152786731719971 | Weight: 16.034 | 26 Jan 2021 |
| $0.867173969745636 | Weight: 7.994 | 24 Jan 2021 |
| $0.8193241357803345 | Weight: 24.188 | 09 May 2022 |
| $0.4911477267742157 | Weight: 25.59 | 29 May 2022 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.829 | Minimal price support level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
ChainLink
LINK
|
0.8101373 | details, prediction |
Cosmos
ATOM
|
0.62779397 | details, prediction |
Cardano
ADA
|
0.6053453 | details, prediction |
IOTA
IOT
|
0.56342596 | details, prediction |
Chiliz
CHZ
|
0.55825865 | details, prediction |
| Second tier | ||
Enjin Coin
ENJ
|
0.7136432 | details, prediction |
Fantom
FTM
|
0.66315925 | details, prediction |
OmiseGo
OMG
|
0.65700936 | details, prediction |
Ravencoin
RVN
|
0.65276676 | details, prediction |
Storj
STORJ
|
0.63911635 | details, prediction |
| Third tier | ||
SelfKey
KEY
|
0.76760596 | details, prediction |
Hydro
HYDRO
|
0.76516104 | details, prediction |
Fusion
FSN
|
0.67670906 | details, prediction |
Stox
STX
|
0.6221681 | details, prediction |
Metal
MTL
|
0.6055307 | details, prediction |
This report should be leaned to get most info about heading trends. It means that EthLend 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 EthLend
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
USD//Coin
USDC
|
-0.5003325 | details, prediction |
DASH
DASH
|
-0.49743158 | details, prediction |
TRON
TRX
|
-0.4837786 | details, prediction |
Huobi Token
HT
|
-0.46461025 | details, prediction |
SONM
SNM
|
-0.4428157 | details, prediction |
| Second tier | ||
Request Network
REQ
|
-0.546864 | details, prediction |
Decred
DCR
|
-0.5218611 | details, prediction |
True USD
TUSD
|
-0.51919144 | details, prediction |
SwissBorg
CHSB
|
-0.51871574 | details, prediction |
ZCash
ZEC
|
-0.51182044 | details, prediction |
| Third tier | ||
Libra Credit
LBA
|
-0.718604 | details, prediction |
MediShares
MDS
|
-0.6791659 | details, prediction |
Nebulas
NAS
|
-0.6503328 | details, prediction |
FedoraCoin
TIPS
|
-0.6361757 | details, prediction |
Genaro Network
GNX
|
-0.6306316 | 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)