Monaco 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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Monaco price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of MCO is now on EDGE at $2.64. So the next scenario is able. If price will go up, it will RAISE with support level $2.64 If price will go down it will spend next in CHANNEL near to $2.598 with $2.64 as upper border and $2.5560002 as bottom.

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
$3.0367987155914307 Weight: 12.043 15 Aug 2019
$2.8244006633758545 Weight: 22.433 13 Mar 2020

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
2.64 Edge price dividing trends based on 24 hours movements
2.5560002 Minimum price support level in case of RAISE trend based on 24 hours movements
2.64 Channel maximum price resist level based in case of FALL trend on 24 hours movements
2.5560002 Channel minimum price resist level based in case of FALL trend on 24 hours movements

Monaco price levels prediction for next 7 days

Next 7 days brief prediction

Price of MCO is now on EDGE at $2.643. So the next scenario is able. If price will go up, it will RAISE with support level $2.643 If price will go down it will spend next in CHANNEL near to $2.5619998 with $2.643 as upper border and $2.5229998 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
$3.0367987155914307 Weight: 12.043 15 Aug 2019
$2.8244006633758545 Weight: 22.433 13 Mar 2020
$1.6485843658447266 Weight: 44.669 15 Dec 2018
$1.4567713737487793 Weight: 17.586 12 Feb 2019
$1.4442600011825562 Weight: 33.787 03 Sep 2019

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
2.643 Edge price dividing trends based on 7 days movements
2.5229998 Minimum price support level in case of RAISE trend based on 7 days movements
2.643 Channel maximum price resist level based in case of FALL trend on 7 days movements
2.5229998 Channel minimum price resist level based in case of FALL trend on 7 days movements

Monaco price levels prediction for next 30 days

Next 30 days brief prediction

Price of MCO is now on EDGE at $2.7280002. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $3.496 with $4.4760003 as upper border and $2.7280002 as bottom. If price will go down, it will FALL with support level $2.7280002

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
$5.113808631896973 Weight: 26.555 18 Mar 2018
$5.086786270141602 Weight: 76.134 30 Nov 2017
$4.584748268127441 Weight: 100 06 Feb 2018
$4.5115275382995605 Weight: 81.707 10 Apr 2018
$4.441994667053223 Weight: 86.81 24 Jun 2018
$4.427911281585693 Weight: 45.635 02 Nov 2017
$4.358618259429932 Weight: 22.269 14 Aug 2018
$4.244817733764648 Weight: 25.704 12 Nov 2017
$2.8244006633758545 Weight: 22.433 13 Mar 2020
$1.6485843658447266 Weight: 44.669 15 Dec 2018

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
2.7280002 Edge price dividing trends based on 30 days movements
4.4760003 Channel maximum price resist level based in case of RAISE trend on 30 days movements
2.7280002 Channel minimum price resist level based in case of RAISE trend on 30 days movements
2.7280002 Minimum price support level in case of FALL trend based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.532858 details, prediction
0.4834322 details, prediction
0.46569535 details, prediction
0.3203828 details, prediction
0.31553876 details, prediction
Second tier
0.88468605 details, prediction
0.80590814 details, prediction
0.5779847 details, prediction
0.33958837 details, prediction
0.2763509 details, prediction
Third tier
0.9411159 details, prediction
0.880004 details, prediction
0.8742569 details, prediction
0.86801773 details, prediction
0.866876 details, prediction


This report should be leaned to get most info about heading trends. It means that Monaco 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 Monaco
Low correlated currencies
Coin Correlation Links
First tier
-0.77493215 details, prediction
-0.7394484 details, prediction
-0.69246143 details, prediction
-0.6506724 details, prediction
-0.6082246 details, prediction
Second tier
-0.84124 details, prediction
-0.8179082 details, prediction
-0.7604498 details, prediction
-0.75737244 details, prediction
-0.7537995 details, prediction
Third tier
-0.86956596 details, prediction
-0.83420825 details, prediction
-0.8291108 details, prediction
-0.8095414 details, prediction
-0.8020019 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)