Ravencoin 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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Ravencoin price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of RVN will be traded in CHANNEL near to $0.0038890003 with $0.00394 as upper border and $0.0038470002 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
0.00394 Channel maximum price resist level based on 24 hours movements
0.0038470002 Channel minimum price resist level based on 24 hours movements

Ravencoin price levels prediction for next 7 days

Next 7 days brief prediction

Price of RVN will be traded in CHANNEL near to $0.003956 with $0.004164 as upper border and $0.00378 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

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.004164 Channel maximum price resist level based on 7 days movements
0.00378 Channel minimum price resist level based on 7 days movements

Ravencoin price levels prediction for next 30 days

Next 30 days brief prediction

Price of RVN will be traded in CHANNEL near to $0.004485 with $0.0060949996 as upper border and $0.003695 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
$0.0058745513670146465 Weight: 97.679 14 Jan 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.0060949996 Channel maximum price resist level based on 30 days movements
0.003695 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.97772807 details, prediction
0.970511 details, prediction
0.9678439 details, prediction
0.96311504 details, prediction
0.96089447 details, prediction
Second tier
0.9886084 details, prediction
0.98762256 details, prediction
0.9861716 details, prediction
0.9782949 details, prediction
0.97583044 details, prediction
Third tier
0.986601 details, prediction
0.9860138 details, prediction
0.97887003 details, prediction
0.9777489 details, prediction
0.97548497 details, prediction


This report should be leaned to get most info about heading trends. It means that Ravencoin 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 Ravencoin
Low correlated currencies
Coin Correlation Links
First tier
-0.61650914 details, prediction
-0.1643739 details, prediction
-0.016762216 details, prediction
0.55239856 details, prediction
0.6183852 details, prediction
Second tier
-0.6931849 details, prediction
-0.68423074 details, prediction
-0.38805148 details, prediction
-0.2945964 details, prediction
-0.22256666 details, prediction
Third tier
-0.50606585 details, prediction
-0.31995276 details, prediction
-0.050446905 details, prediction
0.12296118 details, prediction
0.15717472 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)