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 $0.1189 with $0.1225 as upper border and $0.1168 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: 20.368 01 Aug 2020

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.1225 Channel maximum price resist level based on 24 hours movements
0.1168 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 $0.115499996 with $0.12189999 as upper border and $0.10599999 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
$0.1286311149597168 Weight: 17.653 12 May 2022
$0.11615362018346786 Weight: 20.368 01 Aug 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.12189999 Channel maximum price resist level based on 7 days movements
0.10599999 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 $0.131 with $0.1751 as upper border and $0.1064 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
$0.21522948145866394 Weight: 13.486 03 Dec 2020
$0.2141650766134262 Weight: 9.85 14 Jan 2021
$0.2133471667766571 Weight: 15.548 06 Sep 2020
$0.20860418677330017 Weight: 11.802 14 Jan 2021
$0.1907051056623459 Weight: 11.792 14 Aug 2020
$0.18919862806797028 Weight: 9.053 07 Oct 2020
$0.1511780470609665 Weight: 20.032 24 Sep 2020
$0.14715048670768738 Weight: 94.313 14 Jan 2021
$0.1286311149597168 Weight: 17.653 12 May 2022
$0.11615362018346786 Weight: 20.368 01 Aug 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.1751 Channel maximum price resist level based on 30 days movements
0.1064 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8923003 details, prediction
0.8844056 details, prediction
0.8684831 details, prediction
0.8595049 details, prediction
0.8472481 details, prediction
Second tier
0.926814 details, prediction
0.8957768 details, prediction
0.8878754 details, prediction
0.8735778 details, prediction
0.87338567 details, prediction
Third tier
0.8511686 details, prediction
0.8497452 details, prediction
0.8466537 details, prediction
0.8448699 details, prediction
0.83772016 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
-0.15884626 details, prediction
-0.12948084 details, prediction
-0.064246796 details, prediction
0.092248365 details, prediction
0.10854686 details, prediction
Second tier
-0.3309986 details, prediction
-0.2811269 details, prediction
-0.27377594 details, prediction
-0.27041712 details, prediction
-0.2500633 details, prediction
Third tier
-0.739168 details, prediction
-0.6967934 details, prediction
-0.67499965 details, prediction
-0.6363046 details, prediction
-0.6318319 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)