Metal 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
Metal price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of MTL will be traded in CHANNEL near to $1.482 with $1.568 as upper border and $1.356 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 |
|---|---|---|
| $1.8546900749206543 | Weight: 5.564 | 17 Apr 2022 |
| $1.7397135496139526 | Weight: 12.995 | 19 May 2021 |
| $1.6623505353927612 | Weight: 12.635 | 28 Nov 2021 |
| $1.4456868171691895 | Weight: 10.467 | 11 Apr 2022 |
| $1.444490671157837 | Weight: 6.047 | 27 Jul 2021 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 1.568 | Channel maximum price resist level based on 24 hours movements |
| 1.356 | Channel minimum price resist level based on 24 hours movements |
Metal price levels prediction for next 7 days
Next 7 days brief prediction
Price of MTL will be traded in CHANNEL near to $1.328 with $1.55 as upper border and $0.7499999 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 |
|---|---|---|
| $1.8546900749206543 | Weight: 5.564 | 17 Apr 2022 |
| $1.7397135496139526 | Weight: 12.995 | 19 May 2021 |
| $1.6623505353927612 | Weight: 12.635 | 28 Nov 2021 |
| $1.4456868171691895 | Weight: 10.467 | 11 Apr 2022 |
| $1.444490671157837 | Weight: 6.047 | 27 Jul 2021 |
| $0.9113349914550781 | Weight: 34.259 | 22 Jun 2021 |
| $0.7681155800819397 | Weight: 7.378 | 12 May 2022 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 1.55 | Channel maximum price resist level based on 7 days movements |
| 0.7499999 | Channel minimum price resist level based on 7 days movements |
Metal price levels prediction for next 30 days
Next 30 days brief prediction
Price of MTL will be traded in CHANNEL near to $1.858 with $2.6100001 as upper border and $1.052 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 |
|---|---|---|
| $3.093024492263794 | Weight: 11.5 | 12 May 2018 |
| $3.0894980430603027 | Weight: 20.318 | 17 Jan 2018 |
| $3.0222036838531494 | Weight: 17.441 | 18 Mar 2018 |
| $2.9633100032806396 | Weight: 18.172 | 01 Apr 2018 |
| $2.683537721633911 | Weight: 100 | 02 Feb 2018 |
| $2.682948112487793 | Weight: 13.846 | 31 Aug 2021 |
| $2.6265313625335693 | Weight: 20.882 | 23 Apr 2021 |
| $1.7397135496139526 | Weight: 12.995 | 19 May 2021 |
| $1.6623505353927612 | Weight: 12.635 | 28 Nov 2021 |
| $0.9113349914550781 | Weight: 34.259 | 22 Jun 2021 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 2.6100001 | Channel maximum price resist level based on 30 days movements |
| 1.052 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Monero
XMR
|
0.8772441 | details, prediction |
Nexo
NEXO
|
0.6088093 | details, prediction |
Dogecoin
DOGE
|
0.57745147 | details, prediction |
EOS
EOS
|
0.5458931 | details, prediction |
Binance Coin
BNB
|
0.54241866 | details, prediction |
| Second tier | ||
Kyber Network
KNC
|
0.8520209 | details, prediction |
0x
ZRX
|
0.82005054 | details, prediction |
Groestlcoin
GRS
|
0.76513743 | details, prediction |
Steem
STEEM
|
0.7478232 | details, prediction |
Constellation
DAG
|
0.7337105 | details, prediction |
| Third tier | ||
SmartMesh
SMT
|
0.87496126 | details, prediction |
Electrify.Asia
ELEC
|
0.80776715 | details, prediction |
VertCoin
VTC
|
0.7968477 | details, prediction |
Morpheus Labs
MITX
|
0.7717483 | details, prediction |
Sentinel Protocol
UPP
|
0.7704224 | details, prediction |
This report should be leaned to get most info about heading trends. It means that Metal 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 Metal
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
TRON
TRX
|
-0.025856767 | details, prediction |
Fantom
FTM
|
-2.1054373E-4 | details, prediction |
Decentraland
MANA
|
6.6416635E-4 | details, prediction |
Cosmos
ATOM
|
0.07864877 | details, prediction |
Maker
MKR
|
0.10616899 | details, prediction |
| Second tier | ||
True USD
TUSD
|
-0.45451987 | details, prediction |
Dai
DAI
|
-0.37697798 | details, prediction |
USD//Coin
USDC
|
-0.364645 | details, prediction |
Paxos Standard
PAX
|
-0.24450874 | details, prediction |
MonaCoin
MONA
|
-0.18482044 | details, prediction |
| Third tier | ||
Crypviser
CVCOIN
|
-0.71668947 | details, prediction |
THEKEY
TKY
|
-0.564737 | details, prediction |
Gemini Dollar
GUSD
|
-0.53734595 | details, prediction |
STASIS EURS
EURS
|
-0.5152703 | details, prediction |
AeonCoin
AEON
|
-0.48528746 | 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)