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 $51.239998. So the next scenario is able. If price will go up, it will RAISE with support level $51.239998 If price will go down it will spend next in CHANNEL near to $48.199997 with $51.239998 as upper border and $46.44 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
51.239998 Edge price dividing trends based on 24 hours movements
46.44 Minimum price support level in case of RAISE trend based on 24 hours movements
51.239998 Channel maximum price resist level based in case of FALL trend on 24 hours movements
46.44 Channel minimum price resist level based in case of FALL trend on 24 hours movements

Monero price levels prediction for next 7 days

Next 7 days brief prediction

Price of XMR has broken last trend and will RAISE from the support level $48.88

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
$22.064455032348633 Weight: 13.361 31 Dec 2018
$21.13383674621582 Weight: 9.587 22 Jan 2019

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
48.88 Minimal price support 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 $49.0

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
$67.2128677368164 Weight: 9.988 06 Jan 2019
$22.064455032348633 Weight: 13.361 31 Dec 2018
$21.13383674621582 Weight: 9.587 22 Jan 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
49.0 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.99302495 details, prediction
0.99276483 details, prediction
0.97487855 details, prediction
0.972831 details, prediction
0.95659035 details, prediction
Second tier
0.99217117 details, prediction
0.9898222 details, prediction
0.9883454 details, prediction
0.98673993 details, prediction
0.98591876 details, prediction
Third tier
0.99093604 details, prediction
0.9890882 details, prediction
0.9884672 details, prediction
0.98832387 details, prediction
0.9880601 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
-0.0945823 details, prediction
0.4386365 details, prediction
0.5595361 details, prediction
0.77213746 details, prediction
0.816055 details, prediction
Second tier
-0.49635726 details, prediction
-0.2703038 details, prediction
0.012251537 details, prediction
0.11405624 details, prediction
0.12812869 details, prediction
Third tier
-0.9772595 details, prediction
-0.6328819 details, prediction
-0.5931454 details, prediction
-0.5788082 details, prediction
-0.54431456 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)