Raiden Network 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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Raiden Network price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of RDN is now on EDGE at $0.098900005. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.1039 with $0.108500004 as upper border and $0.098900005 as bottom. If price will go down, it will FALL with support level $0.098900005

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

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.098900005 Edge price dividing trends based on 24 hours movements
0.108500004 Channel maximum price resist level based in case of RAISE trend on 24 hours movements
0.098900005 Channel minimum price resist level based in case of RAISE trend on 24 hours movements
0.098900005 Minimum price support level in case of FALL trend based on 24 hours movements

Raiden Network price levels prediction for next 7 days

Next 7 days brief prediction

Price of RDN will be traded in CHANNEL near to $0.114599995 with $0.1466 as upper border and $0.0703 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
$0.1549088954925537 Weight: 7.669 15 Dec 2018
$0.07109134644269943 Weight: 17.905 14 Jan 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.1466 Channel maximum price resist level based on 7 days movements
0.0703 Channel minimum price resist level based on 7 days movements

Raiden Network price levels prediction for next 30 days

Next 30 days brief prediction

Price of RDN will be traded in CHANNEL near to $0.1042 with $0.15689999 as upper border and $0.0365 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
$0.1549088954925537 Weight: 7.669 15 Dec 2018
$0.07109134644269943 Weight: 17.905 14 Jan 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.15689999 Channel maximum price resist level based on 30 days movements
0.0365 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.36938122 details, prediction
0.31036553 details, prediction
0.20458609 details, prediction
0.19101316 details, prediction
0.18468137 details, prediction
Second tier
0.45956457 details, prediction
0.43536323 details, prediction
0.355121 details, prediction
0.30958623 details, prediction
0.2877453 details, prediction
Third tier
0.5519247 details, prediction
0.49467093 details, prediction
0.48495555 details, prediction
0.45613638 details, prediction
0.45515 details, prediction


This report should be leaned to get most info about heading trends. It means that Raiden Network 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 Raiden Network
Low correlated currencies
Coin Correlation Links
First tier
-0.07085214 details, prediction
-0.06845833 details, prediction
-0.065847866 details, prediction
-0.046958677 details, prediction
-0.04102587 details, prediction
Second tier
-0.54114664 details, prediction
-0.20903462 details, prediction
-0.20658085 details, prediction
-0.1780975 details, prediction
-0.15450504 details, prediction
Third tier
-0.48817185 details, prediction
-0.46198523 details, prediction
-0.37103358 details, prediction
-0.36159244 details, prediction
-0.33029714 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)