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 has broken last trend and will RAISE from the support level $0.2853Historic 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 |
|---|---|---|
| $0.21296510100364685 | Weight: 5.88 | 15 Dec 2018 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.2853 | Minimal price support 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 $0.30400002 with $0.331 as upper border and $0.2245 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 |
|---|---|---|
| $0.21296510100364685 | Weight: 5.88 | 15 Dec 2018 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.331 | Channel maximum price resist level based on 7 days movements |
| 0.2245 | 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 $0.31020004 with $0.33750004 as upper border and $0.279 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 |
|---|---|---|
| $0.21296510100364685 | Weight: 5.88 | 15 Dec 2018 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.33750004 | Channel maximum price resist level based on 30 days movements |
| 0.279 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Bitcoin
BTC
|
0.62742805 | details, prediction |
Dogecoin
DOGE
|
0.6120504 | details, prediction |
UNUS SED LEO
LEO
|
0.6062016 | details, prediction |
ChainLink
LINK
|
0.5671361 | details, prediction |
Ethereum
ETH
|
0.5617097 | details, prediction |
| Second tier | ||
0x
ZRX
|
0.76741844 | details, prediction |
Status
SNT
|
0.7126129 | details, prediction |
Bitcoin SV
BSV
|
0.6873515 | details, prediction |
Theta
THETA
|
0.6812486 | details, prediction |
Horizen
ZEN
|
0.6318898 | details, prediction |
| Third tier | ||
OPEN Platform
OPEN
|
0.8209381 | details, prediction |
Hydro Protocol
HOT
|
0.59679466 | details, prediction |
Enjin Coin
ENJ
|
0.5874049 | details, prediction |
Loopring
LRC
|
0.5514226 | details, prediction |
ICON
ICX
|
0.53673226 | 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 | ||
Crypto.com Chain
CRO
|
-0.47577637 | details, prediction |
Stellar
XLM
|
-0.36567268 | details, prediction |
Binance Coin
BNB
|
0.061777357 | details, prediction |
Cardano
ADA
|
0.08770181 | details, prediction |
Bitcoin Cash
BCH
|
0.12605302 | details, prediction |
| Second tier | ||
Dai
DAI
|
-0.59407413 | details, prediction |
Verge
XVG
|
-0.43193573 | details, prediction |
Bitcoin Gold
BTG
|
-0.4226422 | details, prediction |
OriginTrail
TRAC
|
-0.4048476 | details, prediction |
DigiByte
DGB
|
-0.33391544 | details, prediction |
| Third tier | ||
FunFair
FUN
|
-0.7280711 | details, prediction |
Dent
DENT
|
-0.5646788 | details, prediction |
Wanchain
WAN
|
-0.43281427 | details, prediction |
Matrix AI Network
MAN
|
-0.42072642 | details, prediction |
BABB
BAX
|
-0.41928324 | 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)