Monero 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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Monero price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of XMR has broken last trend and will RAISE from the support level $125.9

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
$131.6331787109375 Weight: 7.829 10 Nov 2017
$131.24417114257812 Weight: 8.314 21 Nov 2017
$127.90645599365234 Weight: 7.822 23 Oct 2020
$123.81430053710938 Weight: 5.788 11 Oct 2020
$120.22224426269531 Weight: 17.185 24 Jun 2019
$117.96977233886719 Weight: 9.857 24 Jun 2019
$114.17073059082031 Weight: 6.153 22 Jun 2019
$113.94667053222656 Weight: 6.106 22 Jun 2019
$112.78042602539062 Weight: 32.201 13 Jun 2018
$111.73767852783203 Weight: 8.287 01 Oct 2020

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
125.9 Minimal price support level based on 24 hours movements

Monero price levels prediction for next 7 days

Next 7 days brief prediction

Price of XMR will be traded in CHANNEL near to $122.0 with $133.8 as upper border and $112.5 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
$138.4043731689453 Weight: 9.817 26 Oct 2020
$133.64028930664062 Weight: 11.533 12 Oct 2020
$131.24417114257812 Weight: 8.314 21 Nov 2017
$120.22224426269531 Weight: 17.185 24 Jun 2019
$117.96977233886719 Weight: 9.857 24 Jun 2019
$112.78042602539062 Weight: 32.201 13 Jun 2018
$111.73767852783203 Weight: 8.287 01 Oct 2020
$109.32112884521484 Weight: 11.085 21 Jun 2019
$108.60147857666016 Weight: 9.301 21 Jun 2019
$107.37330627441406 Weight: 14.878 08 Jul 2019

Volume profile price channel in 7 days range

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

Monero price levels prediction for next 30 days

Next 30 days brief prediction

Price of XMR is now on EDGE at $130.4. So the next scenario is able. If price will go up, it will RAISE with support level $130.4 If price will go down it will spend next in CHANNEL near to $117.759995 with $130.4 as upper border and $85.92 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
$142.54991149902344 Weight: 13.535 03 Sep 2018
$133.64028930664062 Weight: 11.533 12 Oct 2020
$120.22224426269531 Weight: 17.185 24 Jun 2019
$112.78042602539062 Weight: 32.201 13 Jun 2018
$107.37330627441406 Weight: 14.878 08 Jul 2019
$102.26736450195312 Weight: 11.205 19 Jun 2019
$100.82756805419922 Weight: 17.098 30 Jan 2020
$99.08668518066406 Weight: 11.897 13 Jul 2019
$97.34886932373047 Weight: 11.848 16 May 2019
$85.9012451171875 Weight: 20.027 06 Nov 2017

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
130.4 Edge price dividing trends based on 30 days movements
85.92 Minimum price support level in case of RAISE trend based on 30 days movements
130.4 Channel maximum price resist level based in case of FALL trend on 30 days movements
85.92 Channel minimum price resist level based in case of FALL trend on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.847938 details, prediction
0.67324114 details, prediction
0.3599736 details, prediction
0.27744684 details, prediction
0.1519958 details, prediction
Second tier
0.7453492 details, prediction
0.6326502 details, prediction
0.52216405 details, prediction
0.5218622 details, prediction
0.50496423 details, prediction
Third tier
0.8706837 details, prediction
0.8476782 details, prediction
0.8384444 details, prediction
0.8158781 details, prediction
0.7934353 details, prediction


This report should be leaned to get most info about heading trends. It means that Monero 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 Monero
Low correlated currencies
Coin Correlation Links
First tier
-0.76702785 details, prediction
-0.5987718 details, prediction
-0.53820527 details, prediction
-0.47458056 details, prediction
-0.4354474 details, prediction
Second tier
-0.7273527 details, prediction
-0.69437313 details, prediction
-0.69192666 details, prediction
-0.669432 details, prediction
-0.6636927 details, prediction
Third tier
-0.893918 details, prediction
-0.85079604 details, prediction
-0.84680927 details, prediction
-0.8206566 details, prediction
-0.8157099 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)