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

Read more detailed info about this tool

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 $66.4

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
$70.45005798339844 Weight: 10.128 24 Dec 2018
$67.2128677368164 Weight: 10.351 06 Jan 2019

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
66.4 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 is now on EDGE at $64.2. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $67.9 with $69.8 as upper border and $64.2 as bottom. If price will go down, it will FALL with support level $64.2

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
$70.45005798339844 Weight: 10.128 24 Dec 2018
$67.2128677368164 Weight: 10.351 06 Jan 2019
$52.8394889831543 Weight: 10.048 25 Nov 2018
$47.650909423828125 Weight: 6.148 31 Dec 2018
$46.8441162109375 Weight: 6.155 22 Jan 2019

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
64.2 Edge price dividing trends based on 7 days movements
69.8 Channel maximum price resist level based in case of RAISE trend on 7 days movements
64.2 Channel minimum price resist level based in case of RAISE trend on 7 days movements
64.2 Minimum price support level in case of FALL trend based on 7 days movements

Monero price levels prediction for next 30 days

Next 30 days brief prediction

Price of XMR will be traded in CHANNEL near to $66.0 with $69.56 as upper border and $51.159996 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
$70.45005798339844 Weight: 10.128 24 Dec 2018
$67.2128677368164 Weight: 10.351 06 Jan 2019
$52.8394889831543 Weight: 10.048 25 Nov 2018
$47.650909423828125 Weight: 6.148 31 Dec 2018
$46.8441162109375 Weight: 6.155 22 Jan 2019
$41.050411224365234 Weight: 5.426 05 Jan 2019
$22.064455032348633 Weight: 14.516 31 Dec 2018
$21.13383674621582 Weight: 11.119 22 Jan 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
69.56 Channel maximum price resist level based on 30 days movements
51.159996 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.98770463 details, prediction
0.9875899 details, prediction
0.9614703 details, prediction
0.9603227 details, prediction
0.95783144 details, prediction
Second tier
0.966078 details, prediction
0.96034014 details, prediction
0.9585791 details, prediction
0.95678836 details, prediction
0.9546369 details, prediction
Third tier
0.96192104 details, prediction
0.96032786 details, prediction
0.95162046 details, prediction
0.95126486 details, prediction
0.95120513 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
0.22909275 details, prediction
0.38204616 details, prediction
0.6677333 details, prediction
0.73648167 details, prediction
0.7718526 details, prediction
Second tier
-0.55664843 details, prediction
-0.44103566 details, prediction
-0.41706142 details, prediction
-0.3907441 details, prediction
-0.38303664 details, prediction
Third tier
-0.88606435 details, prediction
-0.82971 details, prediction
-0.7884933 details, prediction
-0.7882292 details, prediction
-0.75743383 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)