Loom Network 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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Loom Network price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of LOOM has broken last trend and will RAISE from the support level $0.05565Historic 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 |
|---|---|---|
| $0.055564213544130325 | Weight: 10.622 | 19 May 2021 |
| $0.048399992287158966 | Weight: 5.191 | 29 May 2022 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.05565 | Minimal price support level based on 24 hours movements |
Loom Network price levels prediction for next 7 days
Next 7 days brief prediction
Price of LOOM has broken last trend and will RAISE from the support level $0.055150002Historic 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 |
|---|---|---|
| $0.055564213544130325 | Weight: 10.622 | 19 May 2021 |
| $0.048399992287158966 | Weight: 5.191 | 29 May 2022 |
| $0.04707668721675873 | Weight: 5.99 | 09 May 2019 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.055150002 | Minimal price support level based on 7 days movements |
Loom Network price levels prediction for next 30 days
Next 30 days brief prediction
Price of LOOM has broken last trend and will RAISE from the support level $0.05332Historic 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 |
|---|---|---|
| $0.17520368099212646 | Weight: 18.296 | 11 Jul 2018 |
| $0.1725005805492401 | Weight: 19.367 | 17 Sep 2021 |
| $0.16466857492923737 | Weight: 15.218 | 10 Oct 2018 |
| $0.11489295214414597 | Weight: 25.724 | 29 Jun 2018 |
| $0.0798216313123703 | Weight: 21.004 | 23 Feb 2021 |
| $0.07875506579875946 | Weight: 25.951 | 09 Apr 2018 |
| $0.06038569286465645 | Weight: 96.531 | 14 Aug 2018 |
| $0.04209425300359726 | Weight: 19.752 | 12 May 2022 |
| $0.03890858218073845 | Weight: 16.899 | 25 Nov 2018 |
| $0.03227129951119423 | Weight: 27.896 | 22 Jun 2021 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.05332 | Minimal price support level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Ethereum
ETH
|
0.9247843 | details, prediction |
Bitcoin Cash
BCH
|
0.9240441 | details, prediction |
Binance Coin
BNB
|
0.9222817 | details, prediction |
Bitcoin
BTC
|
0.91372854 | details, prediction |
Dogecoin
DOGE
|
0.9084238 | details, prediction |
| Second tier | ||
RSK Infrastructure Framework
RIF
|
0.9601533 | details, prediction |
OriginTrail
TRAC
|
0.95581615 | details, prediction |
Status
SNT
|
0.9523353 | details, prediction |
ARK
ARK
|
0.95192784 | details, prediction |
Gnosis
GNO
|
0.9415499 | details, prediction |
| Third tier | ||
QuarkChain
QKC
|
0.97417027 | details, prediction |
PeerCoin
PPC
|
0.9436333 | details, prediction |
Viberate
VIB
|
0.9400026 | details, prediction |
AdEx
ADX
|
0.93895924 | details, prediction |
Callisto Network
CLO
|
0.93730634 | details, prediction |
This report should be leaned to get most info about heading trends. It means that Loom Network 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 Loom Network
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
UNUS SED LEO
LEO
|
-0.18846484 | details, prediction |
Bitcoin SV
BSV
|
0.46377486 | details, prediction |
Ethereum Classic
ETC
|
0.46453848 | details, prediction |
TRON
TRX
|
0.61403424 | details, prediction |
Matic Network
MATIC
|
0.66401225 | details, prediction |
| Second tier | ||
EthLend
LEND
|
0.007774528 | details, prediction |
Paxos Standard
PAX
|
0.069645725 | details, prediction |
True USD
TUSD
|
0.31040508 | details, prediction |
Storj
STORJ
|
0.3288951 | details, prediction |
MaidSafe Coin
MAID
|
0.33111057 | details, prediction |
| Third tier | ||
Gemini Dollar
GUSD
|
-0.8505773 | details, prediction |
Seele
SEELE
|
-0.83545333 | details, prediction |
Time New Bank
TNB
|
-0.5491252 | details, prediction |
AventCoin
AVT
|
-0.5462932 | details, prediction |
Crown Coin
CRW
|
-0.44680938 | 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)