Factom 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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Factom price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of FCT will be traded in CHANNEL near to $3.637 with $3.823 as upper border and $3.46 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
$3.6796278953552246 Weight: 18.546 14 Nov 2018

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
3.823 Channel maximum price resist level based on 24 hours movements
3.46 Channel minimum price resist level based on 24 hours movements

Factom price levels prediction for next 7 days

Next 7 days brief prediction

Price of FCT is now on EDGE at $3.802. So the next scenario is able. If price will go up, it will RAISE with support level $3.802 If price will go down it will spend next in CHANNEL near to $3.496 with $3.802 as upper border and $3.124 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
$4.224555015563965 Weight: 6.605 06 Jun 2019
$3.6796278953552246 Weight: 18.546 14 Nov 2018

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
3.802 Edge price dividing trends based on 7 days movements
3.124 Minimum price support level in case of RAISE trend based on 7 days movements
3.802 Channel maximum price resist level based in case of FALL trend on 7 days movements
3.124 Channel minimum price resist level based in case of FALL trend on 7 days movements

Factom price levels prediction for next 30 days

Next 30 days brief prediction

Price of FCT will be traded in CHANNEL near to $3.056 with $4.928 as upper border and $1.64 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
$7.319103717803955 Weight: 6.348 27 Nov 2018
$7.223444938659668 Weight: 9.226 29 Jun 2018
$6.888280391693115 Weight: 15.302 14 Dec 2018
$5.303206443786621 Weight: 7.373 28 Jan 2019
$4.224555015563965 Weight: 6.605 06 Jun 2019
$3.6796278953552246 Weight: 18.546 14 Nov 2018

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
4.928 Channel maximum price resist level based on 30 days movements
1.64 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.84950525 details, prediction
0.81665844 details, prediction
0.772473 details, prediction
0.77102286 details, prediction
0.7407057 details, prediction
Second tier
0.9418177 details, prediction
0.9262147 details, prediction
0.90694755 details, prediction
0.88497174 details, prediction
0.88100255 details, prediction
Third tier
0.957297 details, prediction
0.95652413 details, prediction
0.95470977 details, prediction
0.9506839 details, prediction
0.94753766 details, prediction


This report should be leaned to get most info about heading trends. It means that Factom 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 Factom
Low correlated currencies
Coin Correlation Links
First tier
-0.80648214 details, prediction
-0.004778585 details, prediction
0.0993412 details, prediction
0.19557577 details, prediction
0.55856985 details, prediction
Second tier
-0.90720415 details, prediction
-0.4888016 details, prediction
-0.3648628 details, prediction
0.27373365 details, prediction
0.32013306 details, prediction
Third tier
-0.9185749 details, prediction
-0.8270164 details, prediction
-0.70249254 details, prediction
-0.6649404 details, prediction
-0.61838365 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)