Elastos 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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Elastos price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of ELA will be traded in CHANNEL near to $0.4624 with $0.4828 as upper border and $0.4424 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 |
|---|---|
| 0.4828 | Channel maximum price resist level based on 24 hours movements |
| 0.4424 | Channel minimum price resist level based on 24 hours movements |
Elastos price levels prediction for next 7 days
Next 7 days brief prediction
Price of ELA will be traded in CHANNEL near to $0.465 with $0.4825 as upper border and $0.4485 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 |
|---|---|
| 0.4825 | Channel maximum price resist level based on 7 days movements |
| 0.4485 | Channel minimum price resist level based on 7 days movements |
Elastos price levels prediction for next 30 days
Next 30 days brief prediction
Price of ELA will be traded in CHANNEL near to $0.46 with $0.4762 as upper border and $0.33670002 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 |
|---|
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.4762 | Channel maximum price resist level based on 30 days movements |
| 0.33670002 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Bitcoin Cash
BCH
|
0.8836037 | details, prediction |
KuCoin Shares
KCS
|
0.8614272 | details, prediction |
Dogecoin
DOGE
|
0.7917962 | details, prediction |
Cardano
ADA
|
0.73882663 | details, prediction |
ZCash
ZEC
|
0.73289526 | details, prediction |
| Second tier | ||
Request Network
REQ
|
0.9574142 | details, prediction |
Bitcoin Gold
BTG
|
0.9523639 | details, prediction |
Waves
WAVES
|
0.9448682 | details, prediction |
Siacoin
SC
|
0.9331875 | details, prediction |
Theta Fuel
TFUEL
|
0.9261765 | details, prediction |
| Third tier | ||
Loopring
LRC
|
0.9409795 | details, prediction |
Komodo
KMD
|
0.92578757 | details, prediction |
IoTeX
IOTX
|
0.9253165 | details, prediction |
Chronobank
TIME
|
0.9180546 | details, prediction |
SysCoin
SYS
|
0.91748464 | details, prediction |
This report should be leaned to get most info about heading trends. It means that Elastos 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 Elastos
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
TRON
TRX
|
-0.540836 | details, prediction |
UNUS SED LEO
LEO
|
-0.115466766 | details, prediction |
ChainLink
LINK
|
0.42879194 | details, prediction |
Stellar
XLM
|
0.4560206 | details, prediction |
Ethereum
ETH
|
0.5163335 | details, prediction |
| Second tier | ||
Decred
DCR
|
-0.4837493 | details, prediction |
Dai
DAI
|
-0.006764153 | details, prediction |
Nexo
NEXO
|
0.12165911 | details, prediction |
True USD
TUSD
|
0.35373914 | details, prediction |
HoloToken
HOT
|
0.36588812 | details, prediction |
| Third tier | ||
Dent
DENT
|
-0.5197875 | details, prediction |
Ontology
ONT
|
-0.29569352 | details, prediction |
Propy
PRO
|
-0.152312 | details, prediction |
FunFair
FUN
|
-0.04132624 | details, prediction |
OPEN Platform
OPEN
|
0.022243023 | 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)