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 has broken last trend and will RAISE from the support level $0.00588

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
$0.0058745514 Weight: 97.846 14 Jan 2021

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.00588 Minimal price support 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 $0.005855 with $0.00638 as upper border and $0.005545 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
$0.0058745514 Weight: 97.846 14 Jan 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.00638 Channel maximum price resist level based on 7 days movements
0.005545 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 is now on EDGE at $0.0058810003. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.0060070003 with $0.006364 as upper border and $0.0058810003 as bottom. If price will go down, it will FALL with support level $0.0058810003

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
$0.010128707624971867 Weight: 23.308 25 Feb 2019
$0.0058745513670146465 Weight: 97.846 14 Jan 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.0058810003 Edge price dividing trends based on 30 days movements
0.006364 Channel maximum price resist level based in case of RAISE trend on 30 days movements
0.0058810003 Channel minimum price resist level based in case of RAISE trend on 30 days movements
0.0058810003 Minimum price support level in case of FALL trend based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8688769 details, prediction
0.86237264 details, prediction
0.86059386 details, prediction
0.8393874 details, prediction
0.8311041 details, prediction
Second tier
0.9578183 details, prediction
0.92452604 details, prediction
0.9237747 details, prediction
0.92245907 details, prediction
0.91868514 details, prediction
Third tier
0.92947763 details, prediction
0.9237221 details, prediction
0.92065465 details, prediction
0.91924626 details, prediction
0.91843504 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
-0.47702697 details, prediction
0.014345418 details, prediction
0.5067288 details, prediction
0.68895245 details, prediction
0.70110285 details, prediction
Second tier
-0.4376057 details, prediction
-0.2909146 details, prediction
0.18875782 details, prediction
0.4537129 details, prediction
0.456752 details, prediction
Third tier
-0.27903235 details, prediction
0.009376091 details, prediction
0.14781432 details, prediction
0.16367176 details, prediction
0.25880173 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)