Ravencoin 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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Ravencoin price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of RVN will be traded in CHANNEL near to $0.0058500003 with $0.005952 as upper border and $0.0057240003 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
$0.0058745513670146465 Weight: 97.862 14 Jan 2021

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.005952 Channel maximum price resist level based on 24 hours movements
0.0057240003 Channel minimum price resist level based on 24 hours movements

Ravencoin price levels prediction for next 7 days

Next 7 days brief prediction

Price of RVN will be traded in CHANNEL near to $0.005865 with $0.00638 as upper border and $0.005545 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
$0.0058745513670146465 Weight: 97.862 14 Jan 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.00638 Channel maximum price resist level based on 7 days movements
0.005545 Channel minimum price resist level based on 7 days movements

Ravencoin price levels prediction for next 30 days

Next 30 days brief prediction

Price of RVN has broken last trend and will FALL from the support level $0.0058460003

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
$0.010128707624971867 Weight: 23.312 25 Feb 2019
$0.0058745513670146465 Weight: 97.862 14 Jan 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.0058460003 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8706595 details, prediction
0.8640822 details, prediction
0.8523368 details, prediction
0.841251 details, prediction
0.8292343 details, prediction
Second tier
0.9720162 details, prediction
0.9465556 details, prediction
0.94639295 details, prediction
0.94182914 details, prediction
0.9314206 details, prediction
Third tier
0.95057356 details, prediction
0.94814193 details, prediction
0.9420037 details, prediction
0.9391224 details, prediction
0.9363239 details, prediction


This report should be leaned to get most info about heading trends. It means that Ravencoin 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 Ravencoin
Low correlated currencies
Coin Correlation Links
First tier
-0.41293177 details, prediction
0.014345418 details, prediction
0.45417228 details, prediction
0.66893196 details, prediction
0.67304635 details, prediction
Second tier
-0.5075287 details, prediction
-0.23784502 details, prediction
0.24123447 details, prediction
0.39992088 details, prediction
0.45450062 details, prediction
Third tier
-0.29907528 details, prediction
0.010239259 details, prediction
0.11098729 details, prediction
0.23203225 details, prediction
0.34580338 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)