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 $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
0.8772441 details, prediction
0.6088093 details, prediction
0.57745147 details, prediction
0.5458931 details, prediction
0.54241866 details, prediction
Second tier
0.8520209 details, prediction
0.82005054 details, prediction
0.76513743 details, prediction
0.7478232 details, prediction
0.7337105 details, prediction
Third tier
0.87496126 details, prediction
0.80776715 details, prediction
0.7968477 details, prediction
0.7717483 details, prediction
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
-0.025856767 details, prediction
-2.1054373E-4 details, prediction
6.6416635E-4 details, prediction
0.07864877 details, prediction
0.10616899 details, prediction
Second tier
-0.45451987 details, prediction
-0.37697798 details, prediction
-0.364645 details, prediction
-0.24450874 details, prediction
-0.18482044 details, prediction
Third tier
-0.71668947 details, prediction
-0.564737 details, prediction
-0.53734595 details, prediction
-0.5152703 details, prediction
-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)