TrueChain 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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TrueChain price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of TRUE will be traded in CHANNEL near to $0.18990001 with $0.19330001 as upper border and $0.1817 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 |
|---|---|---|
| $0.19131307303905487 | Weight: 5.499 | 24 Oct 2019 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.19330001 | Channel maximum price resist level based on 24 hours movements |
| 0.1817 | Channel minimum price resist level based on 24 hours movements |
TrueChain price levels prediction for next 7 days
Next 7 days brief prediction
Price of TRUE will be traded in CHANNEL near to $0.2094 with $0.2684 as upper border and $0.17850001 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 |
|---|---|---|
| $0.309819757938385 | Weight: 100 | 14 Aug 2018 |
| $0.27437824010849 | Weight: 20.983 | 05 Mar 2019 |
| $0.2569979429244995 | Weight: 7.421 | 14 Mar 2020 |
| $0.24768005311489105 | Weight: 5.665 | 30 Mar 2020 |
| $0.2065577507019043 | Weight: 6.957 | 03 Jan 2020 |
| $0.19131307303905487 | Weight: 5.499 | 24 Oct 2019 |
| $0.16561660170555115 | Weight: 10.246 | 27 Nov 2018 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.2684 | Channel maximum price resist level based on 7 days movements |
| 0.17850001 | Channel minimum price resist level based on 7 days movements |
TrueChain price levels prediction for next 30 days
Next 30 days brief prediction
Price of TRUE will be traded in CHANNEL near to $0.18220001 with $0.267 as upper border and $0.12900001 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 |
|---|---|---|
| $0.309819757938385 | Weight: 100 | 14 Aug 2018 |
| $0.27437824010849 | Weight: 20.983 | 05 Mar 2019 |
| $0.2569979429244995 | Weight: 7.421 | 14 Mar 2020 |
| $0.24768005311489105 | Weight: 5.665 | 30 Mar 2020 |
| $0.2065577507019043 | Weight: 6.957 | 03 Jan 2020 |
| $0.19131307303905487 | Weight: 5.499 | 24 Oct 2019 |
| $0.16561660170555115 | Weight: 10.246 | 27 Nov 2018 |
| $0.08561280369758606 | Weight: 94.435 | 25 Jul 2019 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.267 | Channel maximum price resist level based on 30 days movements |
| 0.12900001 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
EOS
EOS
|
0.8842989 | details, prediction |
OmiseGo
OMG
|
0.86229146 | details, prediction |
Waves
WAVES
|
0.84504527 | details, prediction |
TRON
TRX
|
0.8159053 | details, prediction |
Ethereum Classic
ETC
|
0.7637932 | details, prediction |
| Second tier | ||
Bytom
BTM
|
0.8655853 | details, prediction |
Ontology
ONT
|
0.8132905 | details, prediction |
Storj
STORJ
|
0.8103438 | details, prediction |
Lisk
LSK
|
0.8068867 | details, prediction |
Steem
STEEM
|
0.78296053 | details, prediction |
| Third tier | ||
Aeternity
AE
|
0.93155986 | details, prediction |
EDUCare
EKT
|
0.9315054 | details, prediction |
IoT Chain
ITC
|
0.9115297 | details, prediction |
GXShares
GXS
|
0.9106936 | details, prediction |
GXChain
GXC
|
0.9058719 | details, prediction |
This report should be leaned to get most info about heading trends. It means that TrueChain 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 TrueChain
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
UNUS SED LEO
LEO
|
0.3496952 | details, prediction |
Theta
THETA
|
0.35786986 | details, prediction |
Decred
DCR
|
0.37765226 | details, prediction |
Bitcoin
BTC
|
0.38381884 | details, prediction |
Ethereum
ETH
|
0.39350012 | details, prediction |
| Second tier | ||
EthLend
LEND
|
-0.10564758 | details, prediction |
GlitzKoin
GTN
|
0.08691737 | details, prediction |
MaidSafe Coin
MAID
|
0.1341181 | details, prediction |
CyberVein
CVT
|
0.15464701 | details, prediction |
Dai
DAI
|
0.20764512 | details, prediction |
| Third tier | ||
CryptoPay
CPAY
|
-0.6049928 | details, prediction |
VIBEHub
VIBE
|
-0.58369625 | details, prediction |
Kleros
PNK
|
-0.582842 | details, prediction |
Dragon Coin
DRG
|
-0.4867436 | details, prediction |
Radium
RADS
|
-0.446042 | 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)