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 FALL from the support level $89.439995

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
$90.28074645996094 Weight: 10.836 03 Jul 2019
$89.85382843017578 Weight: 10.704 03 Jul 2019
$88.89469146728516 Weight: 5.803 22 Jun 2019
$85.9012451171875 Weight: 19.85 06 Nov 2017
$77.82337951660156 Weight: 9.228 14 Aug 2018
$77.81193542480469 Weight: 9.544 24 Jun 2019
$70.7105941772461 Weight: 9.266 21 Jun 2019
$70.45005798339844 Weight: 10.241 24 Dec 2018

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
89.439995 Maximum 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 $84.46 with $92.2 as upper border and $69.04 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
$96.15496063232422 Weight: 14.481 15 Feb 2020
$90.28074645996094 Weight: 10.836 03 Jul 2019
$89.85382843017578 Weight: 10.704 03 Jul 2019
$85.9012451171875 Weight: 19.85 06 Nov 2017
$70.45005798339844 Weight: 10.241 24 Dec 2018
$67.2128677368164 Weight: 10.256 06 Jan 2019
$63.46101379394531 Weight: 10.855 21 Jun 2019
$61.58353805541992 Weight: 9.785 29 Jun 2019
$58.019378662109375 Weight: 10.51 11 Jun 2019
$56.067195892333984 Weight: 15.071 20 Jun 2019

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
92.2 Channel maximum price resist level based on 7 days movements
69.04 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 has broken last trend and will RAISE from the support level $85.200005

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
$96.15496063232422 Weight: 14.481 15 Feb 2020
$90.28074645996094 Weight: 10.836 03 Jul 2019
$89.85382843017578 Weight: 10.704 03 Jul 2019
$85.9012451171875 Weight: 19.85 06 Nov 2017
$70.45005798339844 Weight: 10.241 24 Dec 2018
$67.2128677368164 Weight: 10.256 06 Jan 2019
$63.46101379394531 Weight: 10.855 21 Jun 2019
$58.019378662109375 Weight: 10.51 11 Jun 2019
$56.067195892333984 Weight: 15.071 20 Jun 2019
$52.089847564697266 Weight: 11.257 05 Jul 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
85.200005 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8944501 details, prediction
0.8531783 details, prediction
0.84975296 details, prediction
0.8102715 details, prediction
0.7698031 details, prediction
Second tier
0.8958252 details, prediction
0.86489576 details, prediction
0.8497793 details, prediction
0.84646547 details, prediction
0.8423516 details, prediction
Third tier
0.9169464 details, prediction
0.88193184 details, prediction
0.8750048 details, prediction
0.85452205 details, prediction
0.83500385 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
-0.24534936 details, prediction
0.04217541 details, prediction
0.13423222 details, prediction
0.15957595 details, prediction
0.30220568 details, prediction
Second tier
-0.36453858 details, prediction
-0.35305122 details, prediction
-0.33942634 details, prediction
-0.30260363 details, prediction
-0.2722316 details, prediction
Third tier
-0.7999987 details, prediction
-0.750146 details, prediction
-0.74823195 details, prediction
-0.74550635 details, prediction
-0.73512495 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)