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 $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
0.80137575 details, prediction
0.57372737 details, prediction
0.5255438 details, prediction
0.5217361 details, prediction
0.49033657 details, prediction
Second tier
0.833484 details, prediction
0.73013586 details, prediction
0.67121786 details, prediction
0.64955986 details, prediction
0.64732164 details, prediction
Third tier
0.6871811 details, prediction
0.6594914 details, prediction
0.6467336 details, prediction
0.57127196 details, prediction
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
-0.11716258 details, prediction
-0.10312066 details, prediction
-0.10293803 details, prediction
-0.09862382 details, prediction
-0.091256715 details, prediction
Second tier
-0.47946623 details, prediction
-0.28810525 details, prediction
-0.21602504 details, prediction
-0.15330756 details, prediction
-0.13681622 details, prediction
Third tier
-0.5745286 details, prediction
-0.54072577 details, prediction
-0.41707146 details, prediction
-0.3871361 details, prediction
-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)