RED 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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RED price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of RED has broken last trend and will FALL from the support level $0.001639Historic 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 |
|---|---|
| 0.001639 | Maximum price support level based on 24 hours movements |
RED price levels prediction for next 7 days
Next 7 days brief prediction
Price of RED has broken last trend and will FALL from the support level $0.0016380001Historic 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 |
|---|
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.0016380001 | Maximum price support level based on 7 days movements |
RED price levels prediction for next 30 days
Next 30 days brief prediction
Price of RED has broken last trend and will FALL from the support level $0.001658Historic 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 |
|---|---|---|
| $0.003576676594093442 | Weight: 6.677 | 22 Jun 2021 |
| $0.003238395554944873 | Weight: 23.504 | 01 Mar 2021 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.001658 | Maximum price support level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Chiliz
CHZ
|
0.5757219 | details, prediction |
Binance Coin
BNB
|
0.5704857 | details, prediction |
Ethereum
ETH
|
0.49569938 | details, prediction |
Ethereum Classic
ETC
|
0.49390918 | details, prediction |
EOS
EOS
|
0.474288 | details, prediction |
| Second tier | ||
Synthetix Network Token
SNX
|
0.6185382 | details, prediction |
iEx.ec
RLC
|
0.6083463 | details, prediction |
Theta Fuel
TFUEL
|
0.52292675 | details, prediction |
Nexo
NEXO
|
0.5070483 | details, prediction |
IoTeX
IOTX
|
0.50229526 | details, prediction |
| Third tier | ||
Kambria
KAT
|
0.77576154 | details, prediction |
Lympo
LYM
|
0.76610714 | details, prediction |
DxChain
DX
|
0.70606303 | details, prediction |
Game
GTC
|
0.6187403 | details, prediction |
ArcBlock
ABT
|
0.61068034 | details, prediction |
This report should be leaned to get most info about heading trends. It means that RED 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 RED
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
UNUS SED LEO
LEO
|
-0.19120523 | details, prediction |
USD//Coin
USDC
|
-0.10082333 | details, prediction |
KuCoin Shares
KCS
|
-0.005283715 | details, prediction |
Cardano
ADA
|
0.09551883 | details, prediction |
Maker
MKR
|
0.10042972 | details, prediction |
| Second tier | ||
Propy
PRO
|
-0.4149095 | details, prediction |
SwissBorg
CHSB
|
-0.3387975 | details, prediction |
Dai
DAI
|
-0.12485528 | details, prediction |
Loom Network
LOOM
|
-0.11456467 | details, prediction |
Huobi Token
HT
|
-0.09629464 | details, prediction |
| Third tier | ||
Tidex Token
TDX
|
-0.7235676 | details, prediction |
Energi
NRG
|
-0.6958444 | details, prediction |
Achain
ACT
|
-0.5968696 | details, prediction |
PutinCoin
PUTIN
|
-0.58807653 | details, prediction |
CargoX
CXO
|
-0.5213568 | 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)