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 has broken last trend and will RAISE from the support level $0.0039069997

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
0.0039069997 Minimal price support 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 $0.004 with $0.004159 as upper border and $0.003799 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

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.004159 Channel maximum price resist level based on 7 days movements
0.003799 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 will be traded in CHANNEL near to $0.00418 with $0.00445 as upper border and $0.003695 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
$0.0058745513670146465 Weight: 97.682 14 Jan 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.00445 Channel maximum price resist level based on 30 days movements
0.003695 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.96912915 details, prediction
0.96827143 details, prediction
0.9668737 details, prediction
0.96184486 details, prediction
0.94751334 details, prediction
Second tier
0.99214184 details, prediction
0.9883238 details, prediction
0.9861231 details, prediction
0.9824279 details, prediction
0.9806876 details, prediction
Third tier
0.9917332 details, prediction
0.9910175 details, prediction
0.9858201 details, prediction
0.9832867 details, prediction
0.9826165 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
-0.60076976 details, prediction
-0.11464397 details, prediction
-0.06089161 details, prediction
0.6748841 details, prediction
0.78437877 details, prediction
Second tier
-0.93555444 details, prediction
-0.88812494 details, prediction
-0.5323159 details, prediction
-0.1465443 details, prediction
0.10448727 details, prediction
Third tier
-0.61957306 details, prediction
-0.14648071 details, prediction
-0.14557156 details, prediction
-0.056572404 details, prediction
0.30333236 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)