ReddCoin 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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ReddCoin price levels prediction for next 7 days

Next 7 days brief prediction

Price of RDD will be traded in CHANNEL near to $8.132E-4 with $9.2150003E-4 as upper border and $7.121E-4 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
$0.0010086512193083763 Weight: 8.857 03 Sep 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
9.2150003E-4 Channel maximum price resist level based on 7 days movements
7.121E-4 Channel minimum price resist level based on 7 days movements

ReddCoin price levels prediction for next 30 days

Next 30 days brief prediction

Price of RDD has broken last trend and will RAISE from the support level $4.2E-4

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
$0.0011208918876945972 Weight: 7.981 31 Aug 2021
$0.0010086512193083763 Weight: 8.857 03 Sep 2021
$5.423061084002256E-4 Weight: 9.342 27 Apr 2019
$4.7025326057337224E-4 Weight: 6.691 14 Dec 2021
$4.060821083839983E-4 Weight: 37.642 14 Jan 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
4.2E-4 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.81493247 details, prediction
0.8139943 details, prediction
0.80314386 details, prediction
0.8018485 details, prediction
0.7947248 details, prediction
Second tier
0.9068525 details, prediction
0.8285158 details, prediction
0.8166389 details, prediction
0.8002545 details, prediction
0.79787505 details, prediction
Third tier
0.9470607 details, prediction
0.9156299 details, prediction
0.90533096 details, prediction
0.89929277 details, prediction
0.8885665 details, prediction


This report should be leaned to get most info about heading trends. It means that ReddCoin 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 ReddCoin
Low correlated currencies
Coin Correlation Links
First tier
-0.586235 details, prediction
0.47813174 details, prediction
0.62897336 details, prediction
0.6683172 details, prediction
0.69910604 details, prediction
Second tier
-0.9190806 details, prediction
-0.9154096 details, prediction
-0.82739985 details, prediction
-0.5705138 details, prediction
-0.5015187 details, prediction
Third tier
-0.81796515 details, prediction
-0.80655956 details, prediction
-0.71914136 details, prediction
-0.6436319 details, prediction
-0.62865204 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)