Ocean Protocol 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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Ocean Protocol price levels prediction for next 7 days

Next 7 days brief prediction

Price of OCEAN will be traded in CHANNEL near to $0.194 with $0.20480001 as upper border and $0.1756 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
$0.21035321056842804 Weight: 7.497 23 Oct 2020
$0.2046189159154892 Weight: 9.917 23 Oct 2020
$0.20164455473423004 Weight: 22.113 22 Oct 2020
$0.2011672407388687 Weight: 7.19 14 May 2022
$0.18380190432071686 Weight: 10.261 07 Oct 2020
$0.17706181108951569 Weight: 19.181 12 May 2022

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.20480001 Channel maximum price resist level based on 7 days movements
0.1756 Channel minimum price resist level based on 7 days movements

Ocean Protocol price levels prediction for next 30 days

Next 30 days brief prediction

Price of OCEAN will be traded in CHANNEL near to $0.2008 with $0.2292 as upper border and $0.17600001 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
$0.48958584666252136 Weight: 20.098 10 Jan 2021
$0.438262939453125 Weight: 17.901 13 Jan 2021
$0.40976062417030334 Weight: 75.833 23 May 2021
$0.3803365230560303 Weight: 30.367 24 Feb 2022
$0.3327299952507019 Weight: 14.226 29 Aug 2020
$0.32781001925468445 Weight: 29.107 20 Jul 2021
$0.24107368290424347 Weight: 16.871 17 Aug 2020
$0.2168981432914734 Weight: 18.28 06 Sep 2020
$0.20164455473423004 Weight: 22.113 22 Oct 2020
$0.17706181108951569 Weight: 19.181 12 May 2022

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.2292 Channel maximum price resist level based on 30 days movements
0.17600001 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.96688366 details, prediction
0.9657308 details, prediction
0.9623145 details, prediction
0.9595752 details, prediction
0.9586779 details, prediction
Second tier
0.9760173 details, prediction
0.9697066 details, prediction
0.96416676 details, prediction
0.96319336 details, prediction
0.96234214 details, prediction
Third tier
0.9775321 details, prediction
0.96975493 details, prediction
0.9688751 details, prediction
0.9585409 details, prediction
0.95684093 details, prediction


This report should be leaned to get most info about heading trends. It means that Ocean Protocol 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 Ocean Protocol
Low correlated currencies
Coin Correlation Links
First tier
0.25012037 details, prediction
0.30760834 details, prediction
0.31173903 details, prediction
0.6762791 details, prediction
0.7008985 details, prediction
Second tier
-0.4235547 details, prediction
-0.27639902 details, prediction
-0.21432368 details, prediction
0.0033711824 details, prediction
0.012856587 details, prediction
Third tier
-0.80742043 details, prediction
-0.6847695 details, prediction
-0.58036286 details, prediction
-0.47341534 details, prediction
-0.393393 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)