Legolas 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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Legolas price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of LGO has broken last trend and will RAISE from the support level $0.0075

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
$0.008337503299117088 Weight: 21.809 10 Sep 2019

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.0075 Minimal price support level based on 24 hours movements

Legolas price levels prediction for next 7 days

Next 7 days brief prediction

Price of LGO will be traded in CHANNEL near to $0.01283 with $0.01763 as upper border and $0.0010500002 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
$0.008337503299117088 Weight: 21.809 10 Sep 2019
$0.004061826039105654 Weight: 44.818 19 Jul 2019
$9.252942982129753E-4 Weight: 34.964 27 Jul 2019

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.01763 Channel maximum price resist level based on 7 days movements
0.0010500002 Channel minimum price resist level based on 7 days movements

Legolas price levels prediction for next 30 days

Next 30 days brief prediction

Price of LGO has broken last trend and will FALL from the support level $0.01764

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
$0.008337503299117088 Weight: 21.809 10 Sep 2019
$0.004061826039105654 Weight: 44.818 19 Jul 2019
$9.252942982129753E-4 Weight: 34.964 27 Jul 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.01764 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.5048169 details, prediction
0.44541842 details, prediction
0.44218162 details, prediction
0.36954072 details, prediction
0.36116484 details, prediction
Second tier
0.6270636 details, prediction
0.53496003 details, prediction
0.52500004 details, prediction
0.51086575 details, prediction
0.49260092 details, prediction
Third tier
0.86418194 details, prediction
0.83064485 details, prediction
0.78552115 details, prediction
0.7832785 details, prediction
0.7774439 details, prediction


This report should be leaned to get most info about heading trends. It means that Legolas 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 Legolas
Low correlated currencies
Coin Correlation Links
First tier
-0.124658525 details, prediction
-0.10121031 details, prediction
-0.06144327 details, prediction
0.052110065 details, prediction
0.0627457 details, prediction
Second tier
-0.29289436 details, prediction
-0.18349776 details, prediction
-0.16684757 details, prediction
-0.112871125 details, prediction
-0.077486135 details, prediction
Third tier
-0.54430604 details, prediction
-0.47964478 details, prediction
-0.39483 details, prediction
-0.39230907 details, prediction
-0.38109747 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)