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
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Metal price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of MTL will be traded in CHANNEL near to $2.908 with $3.05 as upper border and $2.7919998 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 |
|---|---|---|
| $3.093024492263794 | Weight: 11.535 | 12 May 2018 |
| $3.0894980430603027 | Weight: 20.378 | 17 Jan 2018 |
| $3.0222036838531494 | Weight: 17.493 | 18 Mar 2018 |
| $2.9633100032806396 | Weight: 18.226 | 01 Apr 2018 |
| $2.9472880363464355 | Weight: 8.88 | 06 Feb 2018 |
| $2.9214136600494385 | Weight: 11.633 | 08 Sep 2021 |
| $2.683537721633911 | Weight: 100 | 02 Feb 2018 |
| $2.682948112487793 | Weight: 13.887 | 31 Aug 2021 |
| $2.6265313625335693 | Weight: 20.944 | 23 Apr 2021 |
| $1.7397135496139526 | Weight: 13.033 | 19 May 2021 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 3.05 | Channel maximum price resist level based on 24 hours movements |
| 2.7919998 | 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 $2.984 with $3.242 as upper border and $2.78 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 |
|---|---|---|
| $3.3707070350646973 | Weight: 12.695 | 20 Apr 2021 |
| $3.093024492263794 | Weight: 11.535 | 12 May 2018 |
| $3.0894980430603027 | Weight: 20.378 | 17 Jan 2018 |
| $3.0222036838531494 | Weight: 17.493 | 18 Mar 2018 |
| $2.9633100032806396 | Weight: 18.226 | 01 Apr 2018 |
| $2.9214136600494385 | Weight: 11.633 | 08 Sep 2021 |
| $2.683537721633911 | Weight: 100 | 02 Feb 2018 |
| $2.682948112487793 | Weight: 13.887 | 31 Aug 2021 |
| $2.6265313625335693 | Weight: 20.944 | 23 Apr 2021 |
| $1.7397135496139526 | Weight: 13.033 | 19 May 2021 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 3.242 | Channel maximum price resist level based on 7 days movements |
| 2.78 | 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 $3.048 with $3.3200002 as upper border and $2.802 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 |
|---|---|---|
| $5.387694835662842 | Weight: 33.606 | 08 Jan 2018 |
| $5.230226516723633 | Weight: 19.176 | 31 Aug 2021 |
| $4.294482231140137 | Weight: 26.637 | 02 Nov 2017 |
| $4.26585054397583 | Weight: 36.875 | 10 Dec 2017 |
| $4.207594394683838 | Weight: 19.472 | 17 Jan 2018 |
| $4.089083194732666 | Weight: 19.192 | 07 Apr 2021 |
| $3.794792413711548 | Weight: 19.517 | 17 Jan 2018 |
| $3.0894980430603027 | Weight: 20.378 | 17 Jan 2018 |
| $2.683537721633911 | Weight: 100 | 02 Feb 2018 |
| $2.6265313625335693 | Weight: 20.944 | 23 Apr 2021 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 3.3200002 | Channel maximum price resist level based on 30 days movements |
| 2.802 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Matic Network
MATIC
|
0.80137575 | details, prediction |
IOTA
IOT
|
0.57372737 | details, prediction |
Waves
WAVES
|
0.5255438 | details, prediction |
Zilliqa
ZIL
|
0.5217361 | details, prediction |
Bitcoin Gold
BTG
|
0.49033657 | details, prediction |
| Second tier | ||
Wanchain
WAN
|
0.833484 | details, prediction |
Groestlcoin
GRS
|
0.73013586 | details, prediction |
Aragon
ANT
|
0.67121786 | details, prediction |
Steem
STEEM
|
0.64955986 | details, prediction |
Ardor
ARDR
|
0.64732164 | details, prediction |
| Third tier | ||
TrueChain
TRUE
|
0.6871811 | details, prediction |
Cindicator
CND
|
0.6594914 | details, prediction |
Neumarks
NEU
|
0.6467336 | details, prediction |
SALT
SALT
|
0.57127196 | details, prediction |
Mercury
MER
|
0.5692899 | 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 | ||
Loopring
LRC
|
-0.11716258 | details, prediction |
Decentraland
MANA
|
-0.10312066 | details, prediction |
Nexo
NEXO
|
-0.10293803 | details, prediction |
Crypto.com Chain
CRO
|
-0.09862382 | details, prediction |
Bitcoin
BTC
|
-0.091256715 | details, prediction |
| Second tier | ||
SONM
SNM
|
-0.47946623 | details, prediction |
Ethos (Bitquence)
BQX
|
-0.28810525 | details, prediction |
Solve.Care
SOLVE
|
-0.21602504 | details, prediction |
Dero
DERO
|
-0.15330756 | details, prediction |
Phantasma
SOUL
|
-0.13681622 | details, prediction |
| Third tier | ||
Bitcore
BTX
|
-0.5745286 | details, prediction |
PayPie
PPP
|
-0.54072577 | details, prediction |
Upfiring
UFR
|
-0.41707146 | details, prediction |
Bitbook Gambling
BXK
|
-0.3871361 | details, prediction |
United Traders Token
UTT
|
-0.33237064 | 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)