Matic 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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Matic Network price levels prediction for next 30 days

Next 30 days brief prediction

Price of MATIC will be traded in CHANNEL near to $1.162 with $1.498 as upper border and $0.964 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
$1.891096830368042 Weight: 26.931 15 May 2021
$1.8600267171859741 Weight: 28.102 19 May 2021
$1.7012676000595093 Weight: 24.105 15 Jun 2021
$1.5272902250289917 Weight: 27.445 25 May 2021
$1.5228999853134155 Weight: 35.326 29 May 2021
$1.3816510438919067 Weight: 37.648 20 May 2021
$1.2714951038360596 Weight: 48.669 19 May 2021
$1.164858102798462 Weight: 23.863 12 Jun 2021
$1.029429316520691 Weight: 52.376 14 May 2021
$0.9402345418930054 Weight: 24.841 22 Jun 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
1.498 Channel maximum price resist level based on 30 days movements
0.964 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9603046 details, prediction
0.95460916 details, prediction
0.9440546 details, prediction
0.9336867 details, prediction
0.93315667 details, prediction
Second tier
0.9549284 details, prediction
0.9474591 details, prediction
0.94070226 details, prediction
0.94009614 details, prediction
0.9311427 details, prediction
Third tier
0.9595915 details, prediction
0.9564042 details, prediction
0.9531737 details, prediction
0.9522809 details, prediction
0.9495841 details, prediction


This report should be leaned to get most info about heading trends. It means that Matic 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 Matic Network
Low correlated currencies
Coin Correlation Links
First tier
0.25632006 details, prediction
0.40998363 details, prediction
0.41927925 details, prediction
0.48531464 details, prediction
0.51456827 details, prediction
Second tier
-0.77361965 details, prediction
-0.62430924 details, prediction
-0.44645426 details, prediction
-0.30814642 details, prediction
-0.3037477 details, prediction
Third tier
-0.8161089 details, prediction
-0.721868 details, prediction
-0.6163556 details, prediction
-0.5238373 details, prediction
-0.4369337 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)