Bitrent 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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Bitrent price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of RNTB has broken last trend and will FALL from the support level $2.328E-4

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
2.328E-4 Maximum price support level based on 24 hours movements

Bitrent price levels prediction for next 7 days

Next 7 days brief prediction

Price of RNTB has broken last trend and will FALL from the support level $2.34E-4

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

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
2.34E-4 Maximum price support level based on 7 days movements

Bitrent price levels prediction for next 30 days

Next 30 days brief prediction

Price of RNTB is now on EDGE at $2.599995E-5. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $3.0199997E-4 with $4.6199994E-4 as upper border and $2.599995E-5 as bottom. If price will go down, it will FALL with support level $2.599995E-5

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

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
2.599995E-5 Edge price dividing trends based on 30 days movements
4.6199994E-4 Channel maximum price resist level based in case of RAISE trend on 30 days movements
2.599995E-5 Channel minimum price resist level based in case of RAISE trend on 30 days movements
2.599995E-5 Minimum price support level in case of FALL trend based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9461172 details, prediction
0.83866423 details, prediction
0.8000067 details, prediction
0.78090274 details, prediction
0.70343995 details, prediction
Second tier
0.91538644 details, prediction
0.8868819 details, prediction
0.88252187 details, prediction
0.8568377 details, prediction
0.8422686 details, prediction
Third tier
0.9575644 details, prediction
0.9451281 details, prediction
0.9364131 details, prediction
0.93570656 details, prediction
0.9323154 details, prediction


This report should be leaned to get most info about heading trends. It means that Bitrent 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 Bitrent
Low correlated currencies
Coin Correlation Links
First tier
-0.70547533 details, prediction
-0.6846343 details, prediction
-0.5184438 details, prediction
-0.48536783 details, prediction
-0.48261544 details, prediction
Second tier
-0.6864408 details, prediction
-0.6727475 details, prediction
-0.6592843 details, prediction
-0.56404614 details, prediction
-0.3647071 details, prediction
Third tier
-0.81317353 details, prediction
-0.8073731 details, prediction
-0.7759742 details, prediction
-0.75652677 details, prediction
-0.728598 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)