Republic protocol 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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Republic protocol price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of REN will be traded in CHANNEL near to $0.29119998 with $0.336 as upper border and $0.2464 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
$0.5125358700752258 Weight: 22.843 28 Jan 2021
$0.5070861577987671 Weight: 16.385 19 Aug 2020
$0.47358202934265137 Weight: 20.217 09 Jan 2021
$0.47319167852401733 Weight: 14.242 25 Nov 2020
$0.4488259553909302 Weight: 18.324 21 Dec 2021
$0.42220333218574524 Weight: 16.847 13 Jan 2021
$0.4202739894390106 Weight: 15.023 30 May 2021
$0.3718687891960144 Weight: 20.688 19 May 2021
$0.2906789779663086 Weight: 68.451 23 May 2021
$0.2673918604850769 Weight: 24.176 20 Jul 2021

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.336 Channel maximum price resist level based on 24 hours movements
0.2464 Channel minimum price resist level based on 24 hours movements

Republic protocol price levels prediction for next 7 days

Next 7 days brief prediction

Price of REN will be traded in CHANNEL near to $0.31300002 with $0.37840003 as upper border and $0.2554 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
$0.5632207989692688 Weight: 26.18 01 Sep 2020
$0.5609921216964722 Weight: 16.634 15 Jan 2021
$0.5125358700752258 Weight: 22.843 28 Jan 2021
$0.5070861577987671 Weight: 16.385 19 Aug 2020
$0.47358202934265137 Weight: 20.217 09 Jan 2021
$0.4488259553909302 Weight: 18.324 21 Dec 2021
$0.42220333218574524 Weight: 16.847 13 Jan 2021
$0.3718687891960144 Weight: 20.688 19 May 2021
$0.2906789779663086 Weight: 68.451 23 May 2021
$0.2673918604850769 Weight: 24.176 20 Jul 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.37840003 Channel maximum price resist level based on 7 days movements
0.2554 Channel minimum price resist level based on 7 days movements

Republic protocol price levels prediction for next 30 days

Next 30 days brief prediction

Price of REN will be traded in CHANNEL near to $0.378 with $0.554 as upper border and $0.26 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
$0.9192444086074829 Weight: 52.323 23 Feb 2021
$0.9012566208839417 Weight: 26.173 28 Feb 2021
$0.8155503273010254 Weight: 30.088 25 Mar 2021
$0.7724879384040833 Weight: 31.762 20 Jan 2021
$0.7344626784324646 Weight: 53.522 15 Feb 2021
$0.7184849977493286 Weight: 25.997 23 Apr 2021
$0.685056209564209 Weight: 33.848 22 Sep 2021
$0.5632207989692688 Weight: 26.18 01 Sep 2020
$0.2906789779663086 Weight: 68.451 23 May 2021
$0.2673918604850769 Weight: 24.176 20 Jul 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.554 Channel maximum price resist level based on 30 days movements
0.26 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.93617827 details, prediction
0.9360848 details, prediction
0.93305075 details, prediction
0.93274325 details, prediction
0.92514676 details, prediction
Second tier
0.9466184 details, prediction
0.93142456 details, prediction
0.92210305 details, prediction
0.92091197 details, prediction
0.9206918 details, prediction
Third tier
0.9539244 details, prediction
0.931001 details, prediction
0.92378885 details, prediction
0.9233582 details, prediction
0.9142587 details, prediction


This report should be leaned to get most info about heading trends. It means that Republic protocol 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 Republic protocol
Low correlated currencies
Coin Correlation Links
First tier
-0.8259516 details, prediction
-0.53779864 details, prediction
-0.34827024 details, prediction
-0.22667353 details, prediction
-0.21888542 details, prediction
Second tier
-0.90590334 details, prediction
-0.8918817 details, prediction
-0.8752821 details, prediction
-0.83780515 details, prediction
-0.75724864 details, prediction
Third tier
-0.9154965 details, prediction
-0.8182087 details, prediction
-0.79314005 details, prediction
-0.76695806 details, prediction
-0.7417671 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)