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 is now on EDGE at $81.71999. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $86.03999 with $87.31999 as upper border and $81.71999 as bottom. If price will go down, it will FALL with support level $81.71999

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
$89.85382843017578 Weight: 10.683 03 Jul 2019
$85.9012451171875 Weight: 19.81 06 Nov 2017

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
81.71999 Edge price dividing trends based on 24 hours movements
87.31999 Channel maximum price resist level based in case of RAISE trend on 24 hours movements
81.71999 Channel minimum price resist level based in case of RAISE trend on 24 hours movements
81.71999 Minimum price support level in case of FALL trend 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 $86.0 with $93.28 as upper border and $78.96001 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
$97.34886932373047 Weight: 11.719 16 May 2019
$95.67418670654297 Weight: 10.712 12 Sep 2018
$89.85382843017578 Weight: 10.683 03 Jul 2019
$85.9012451171875 Weight: 19.81 06 Nov 2017
$77.82337951660156 Weight: 15.79 14 Aug 2018

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
93.28 Channel maximum price resist level based on 7 days movements
78.96001 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 will be traded in CHANNEL near to $88.06 with $98.0 as upper border and $79.1 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
$120.22224426269531 Weight: 12.183 24 Jun 2019
$120.07023620605469 Weight: 18.576 12 Nov 2018
$107.37330627441406 Weight: 14.09 08 Jul 2019
$106.50135040283203 Weight: 51.632 23 Jun 2018
$97.34886932373047 Weight: 11.719 16 May 2019
$85.9012451171875 Weight: 19.81 06 Nov 2017
$77.82337951660156 Weight: 15.79 14 Aug 2018
$56.067195892333984 Weight: 15.041 20 Jun 2019
$50.708927154541016 Weight: 13.319 11 Jul 2019
$45.642879486083984 Weight: 16.735 03 Jul 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
98.0 Channel maximum price resist level based on 30 days movements
79.1 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8219389 details, prediction
0.8119408 details, prediction
0.74258304 details, prediction
0.7273219 details, prediction
0.71676594 details, prediction
Second tier
0.79689443 details, prediction
0.75980425 details, prediction
0.73638093 details, prediction
0.67724335 details, prediction
0.6742428 details, prediction
Third tier
0.85528004 details, prediction
0.81714875 details, prediction
0.8147116 details, prediction
0.8127242 details, prediction
0.7873702 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
0.061080866 details, prediction
0.21584158 details, prediction
0.41876554 details, prediction
0.47313154 details, prediction
0.5492724 details, prediction
Second tier
-0.798448 details, prediction
-0.082403764 details, prediction
-0.05400674 details, prediction
-0.04933282 details, prediction
-0.03973025 details, prediction
Third tier
-0.83877236 details, prediction
-0.7884087 details, prediction
-0.6668136 details, prediction
-0.65911686 details, prediction
-0.6218742 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)