Covesting 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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Covesting price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of COV has broken last trend and will RAISE from the support level $0.21399999

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
0.21399999 Minimal price support level based on 24 hours movements

Covesting price levels prediction for next 7 days

Next 7 days brief prediction

Price of COV has broken last trend and will RAISE from the support level $0.21239999

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
$0.2919129431247711 Weight: 10.59 23 Feb 2021
$0.2828918993473053 Weight: 6.738 06 Dec 2018
$0.1801990270614624 Weight: 7.028 07 Oct 2020
$0.15064869821071625 Weight: 11.6 26 Aug 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.21239999 Minimal price support level based on 7 days movements

Covesting price levels prediction for next 30 days

Next 30 days brief prediction

Price of COV will be traded in CHANNEL near to $0.2114 with $0.2835 as upper border and $0.06510001 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
$0.34423506259918213 Weight: 34.206 29 May 2021
$0.32593587040901184 Weight: 22.274 12 Nov 2021
$0.07501839846372604 Weight: 63.359 17 Mar 2019
$0.044875793159008026 Weight: 19.961 18 Feb 2020
$0.03161242604255676 Weight: 17.872 11 Jan 2021
$0.027182569727301598 Weight: 33.736 09 Oct 2020
$0.021316738799214363 Weight: 21.558 20 Mar 2022
$0.015656424686312675 Weight: 27.787 06 Dec 2020
$0.014553452841937542 Weight: 24.813 10 Dec 2020
$0.006172667257487774 Weight: 48.545 25 Dec 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.2835 Channel maximum price resist level based on 30 days movements
0.06510001 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.74284196 details, prediction
0.67444164 details, prediction
0.6188258 details, prediction
0.61667037 details, prediction
0.60889 details, prediction
Second tier
0.83536047 details, prediction
0.78710383 details, prediction
0.77845144 details, prediction
0.76508814 details, prediction
0.757889 details, prediction
Third tier
0.89980644 details, prediction
0.87894803 details, prediction
0.8703564 details, prediction
0.8268789 details, prediction
0.81403786 details, prediction


This report should be leaned to get most info about heading trends. It means that Covesting 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 Covesting
Low correlated currencies
Coin Correlation Links
First tier
-0.42736647 details, prediction
-0.3991565 details, prediction
-0.3029488 details, prediction
-0.29710314 details, prediction
-0.14419907 details, prediction
Second tier
-0.5222883 details, prediction
-0.4364089 details, prediction
-0.29677618 details, prediction
-0.2709385 details, prediction
-0.2282525 details, prediction
Third tier
-0.669808 details, prediction
-0.6689993 details, prediction
-0.6646978 details, prediction
-0.6076292 details, prediction
-0.59342486 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)