Coin Magi 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
Read more detailed info about this tool
Coin Magi price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of XMG will be traded in CHANNEL near to $0.024179999 with $0.02434 as upper border and $0.02154 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 |
|---|
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.02434 | Channel maximum price resist level based on 24 hours movements |
| 0.02154 | Channel minimum price resist level based on 24 hours movements |
Coin Magi price levels prediction for next 7 days
Next 7 days brief prediction
Price of XMG has broken last trend and will FALL from the support level $0.0264Historic 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 |
|---|---|---|
| $0.11974035948514938 | Weight: 15.524 | 07 Jul 2018 |
| $0.04962555691599846 | Weight: 7.699 | 11 Aug 2018 |
| $0.041226815432310104 | Weight: 8.18 | 13 Aug 2018 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.0264 | Maximum price support level based on 7 days movements |
Coin Magi price levels prediction for next 30 days
Next 30 days brief prediction
Price of XMG is now on EDGE at $0.026200002. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.061 with $0.061300002 as upper border and $0.026200002 as bottom. If price will go down, it will FALL with support level $0.026200002Historic 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 |
|---|---|---|
| $0.41312113404273987 | Weight: 16.83 | 02 Feb 2018 |
| $0.40010279417037964 | Weight: 80.539 | 22 Dec 2017 |
| $0.39868655800819397 | Weight: 18.473 | 18 Feb 2018 |
| $0.3469347655773163 | Weight: 13.805 | 26 Feb 2018 |
| $0.3389616012573242 | Weight: 17.774 | 21 Feb 2018 |
| $0.30814653635025024 | Weight: 34.402 | 25 Feb 2018 |
| $0.26121199131011963 | Weight: 81.525 | 06 Feb 2018 |
| $0.24054110050201416 | Weight: 16.735 | 30 Nov 2017 |
| $0.22334110736846924 | Weight: 16.486 | 10 Apr 2018 |
| $0.11974035948514938 | Weight: 15.524 | 07 Jul 2018 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.026200002 | Edge price dividing trends based on 30 days movements |
| 0.061300002 | Channel maximum price resist level based in case of RAISE trend on 30 days movements |
| 0.026200002 | Channel minimum price resist level based in case of RAISE trend on 30 days movements |
| 0.026200002 | Minimum price support level in case of FALL trend based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Bitcoin Cash
BCH
|
0.8649972 | details, prediction |
Litecoin
LTC
|
0.8502003 | details, prediction |
Cardano
ADA
|
0.8463915 | details, prediction |
NEO
NEO
|
0.83947486 | details, prediction |
Ethereum Classic
ETC
|
0.83025944 | details, prediction |
| Second tier | ||
Lisk
LSK
|
0.8743116 | details, prediction |
DigiByte
DGB
|
0.8587743 | details, prediction |
OmiseGo
OMG
|
0.8577288 | details, prediction |
Horizen
ZEN
|
0.8481889 | details, prediction |
aelf
ELF
|
0.844116 | details, prediction |
| Third tier | ||
Tidex Token
TDX
|
0.9383953 | details, prediction |
Pillar
PLR
|
0.9380196 | details, prediction |
IOCoin
IOC
|
0.9223843 | details, prediction |
Diamond
DMD
|
0.89094865 | details, prediction |
Synereo
AMP
|
0.8904555 | details, prediction |
This report should be leaned to get most info about heading trends. It means that Coin Magi 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 Coin Magi
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
ChainLink
LINK
|
-0.56554425 | details, prediction |
Dogecoin
DOGE
|
-0.4041041 | details, prediction |
XRP
XRP
|
0.104187235 | details, prediction |
Maker
MKR
|
0.16783535 | details, prediction |
Stellar
XLM
|
0.5358619 | details, prediction |
| Second tier | ||
True USD
TUSD
|
-0.6848446 | details, prediction |
Quant Network
QNT
|
-0.5174096 | details, prediction |
HoloToken
HOT
|
-0.4681984 | details, prediction |
Dai
DAI
|
-0.20393714 | details, prediction |
Nexo
NEXO
|
0.0052938755 | details, prediction |
| Third tier | ||
Dero
DERO
|
-0.91756314 | details, prediction |
Nasdacoin
NSD
|
-0.91128397 | details, prediction |
Vitae
VITAE
|
-0.8492184 | details, prediction |
VIN chain
VIN
|
-0.6384963 | details, prediction |
Metaverse
ETP
|
-0.6354933 | 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)