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
Read more detailed info about this tool
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 | ||
Monero
XMR
|
0.9603046 | details, prediction |
ChainLink
LINK
|
0.95460916 | details, prediction |
HoloToken
HOT
|
0.9440546 | details, prediction |
Theta
THETA
|
0.9336867 | details, prediction |
Binance Coin
BNB
|
0.93315667 | details, prediction |
| Second tier | ||
iEx.ec
RLC
|
0.9549284 | details, prediction |
NKN
NKN
|
0.9474591 | details, prediction |
Dent
DENT
|
0.94070226 | details, prediction |
Aragon
ANT
|
0.94009614 | details, prediction |
Bytom
BTM
|
0.9311427 | details, prediction |
| Third tier | ||
Moeda
MDA
|
0.9595915 | details, prediction |
Ubiq
UBQ
|
0.9564042 | details, prediction |
FREE Coin
FREE
|
0.9531737 | details, prediction |
Dragonchain
DRGN
|
0.9522809 | details, prediction |
carVertical
CV
|
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 | ||
Decred
DCR
|
0.25632006 | details, prediction |
Crypto.com Chain
CRO
|
0.40998363 | details, prediction |
Waves
WAVES
|
0.41927925 | details, prediction |
KuCoin Shares
KCS
|
0.48531464 | details, prediction |
Ethereum Classic
ETC
|
0.51456827 | details, prediction |
| Second tier | ||
Dero
DERO
|
-0.77361965 | details, prediction |
Constellation
DAG
|
-0.62430924 | details, prediction |
Quant Network
QNT
|
-0.44645426 | details, prediction |
USD//Coin
USDC
|
-0.30814642 | details, prediction |
True USD
TUSD
|
-0.3037477 | details, prediction |
| Third tier | ||
Xriba
XRA
|
-0.8161089 | details, prediction |
Polybius
PLBT
|
-0.721868 | details, prediction |
Sentinel
SENT
|
-0.6163556 | details, prediction |
Vexanium
VEX
|
-0.5238373 | details, prediction |
indaHash
IDH
|
-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)