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 $0.119899996 with $0.1249 as upper border and $0.1095 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
$0.11615362018346786 Weight: 20.435 01 Aug 2020

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.1249 Channel maximum price resist level based on 24 hours movements
0.1095 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 has broken last trend and will RAISE from the support level $0.1219

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
$0.1975162774324417 Weight: 6.635 14 Jan 2021
$0.19451045989990234 Weight: 7.878 13 Jan 2021
$0.1907051056623459 Weight: 11.831 14 Aug 2020
$0.18919862806797028 Weight: 9.083 07 Oct 2020
$0.1768193542957306 Weight: 8.84 14 Jan 2021
$0.15488296747207642 Weight: 8.691 14 Jan 2021
$0.1511780470609665 Weight: 20.098 24 Sep 2020
$0.14715048670768738 Weight: 94.623 14 Jan 2021
$0.1286311149597168 Weight: 11.526 12 May 2022
$0.11615362018346786 Weight: 20.435 01 Aug 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.1219 Minimal price support level based on 7 days movements

Republic protocol price levels prediction for next 30 days

Next 30 days brief prediction

Price of REN has broken last trend and will RAISE from the support level $0.1196

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
$0.4942934811115265 Weight: 24.086 10 Dec 2021
$0.47358202934265137 Weight: 19.13 09 Jan 2021
$0.4488259553909302 Weight: 17.339 21 Dec 2021
$0.3718687891960144 Weight: 19.576 19 May 2021
$0.2906789779663086 Weight: 70.781 23 May 2021
$0.2673918604850769 Weight: 22.876 20 Jul 2021
$0.24649961292743683 Weight: 32.604 24 Jan 2022
$0.1511780470609665 Weight: 20.098 24 Sep 2020
$0.14715048670768738 Weight: 94.623 14 Jan 2021
$0.11615362018346786 Weight: 20.435 01 Aug 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.1196 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.98998725 details, prediction
0.9842909 details, prediction
0.983909 details, prediction
0.98222303 details, prediction
0.98147005 details, prediction
Second tier
0.9937856 details, prediction
0.99160516 details, prediction
0.9901877 details, prediction
0.984984 details, prediction
0.984783 details, prediction
Third tier
0.98879844 details, prediction
0.98556346 details, prediction
0.98548865 details, prediction
0.9846784 details, prediction
0.9836883 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
-0.43203118 details, prediction
0.68739545 details, prediction
0.80999357 details, prediction
0.8907423 details, prediction
0.8915427 details, prediction
Second tier
-0.6642181 details, prediction
-0.66214603 details, prediction
-0.604175 details, prediction
-0.4801714 details, prediction
-0.39328578 details, prediction
Third tier
-0.8970407 details, prediction
-0.72259176 details, prediction
-0.657768 details, prediction
-0.57792544 details, prediction
-0.55722684 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)