Dai 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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Dai price levels prediction for next 30 days
Next 30 days brief prediction
Price of DAI is now on EDGE at $1.001. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $1.014 with $1.0220001 as upper border and $1.001 as bottom. If price will go down, it will FALL with support level $1.001Historic 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 |
|---|---|---|
| $1.0238603353500366 | Weight: 18.434 | 21 Oct 2022 |
| $1.0130043029785156 | Weight: 17.794 | 13 Mar 2020 |
| $1.003241777420044 | Weight: 18.632 | 23 Oct 2022 |
| $1.0008482933044434 | Weight: 23.174 | 11 Jan 2019 |
| $0.99761563539505 | Weight: 99.647 | 05 Nov 2018 |
| $0.9857768416404724 | Weight: 19.041 | 23 Oct 2022 |
| $0.9736368060112 | Weight: 19.182 | 16 Oct 2022 |
| $0.9649359583854675 | Weight: 19.124 | 16 Oct 2022 |
| $0.9611132740974426 | Weight: 16.537 | 30 Jul 2019 |
| $0.827118992805481 | Weight: 28.78 | 11 Jan 2019 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 1.001 | Edge price dividing trends based on 30 days movements |
| 1.0220001 | Channel maximum price resist level based in case of RAISE trend on 30 days movements |
| 1.001 | Channel minimum price resist level based in case of RAISE trend on 30 days movements |
| 1.001 | Minimum price support level in case of FALL trend based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
TRON
TRX
|
-0.10264705 | details, prediction |
Monero
XMR
|
-0.15336016 | details, prediction |
Stellar
XLM
|
-0.19685717 | details, prediction |
Dogecoin
DOGE
|
-0.28962013 | details, prediction |
Ethereum Classic
ETC
|
-0.32269663 | details, prediction |
| Second tier | ||
USD//Coin
USDC
|
0.5863889 | details, prediction |
True USD
TUSD
|
0.48352954 | details, prediction |
Ardor
ARDR
|
0.3983253 | details, prediction |
FTX Token
FTT
|
0.15433009 | details, prediction |
Algorand
ALGO
|
0.12333634 | details, prediction |
| Third tier | ||
BABB
BAX
|
0.36649394 | details, prediction |
NEM
XEM
|
0.3151205 | details, prediction |
Elastos
ELA
|
0.26005107 | details, prediction |
Metal
MTL
|
0.20490126 | details, prediction |
Power Ledger
POWR
|
0.14408635 | details, prediction |
This report should be leaned to get most info about heading trends. It means that Dai 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 Dai
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Ethereum
ETH
|
-0.5629947 | details, prediction |
Litecoin
LTC
|
-0.5481222 | details, prediction |
KuCoin Shares
KCS
|
-0.48089775 | details, prediction |
Cardano
ADA
|
-0.46805373 | details, prediction |
ChainLink
LINK
|
-0.46441433 | details, prediction |
| Second tier | ||
Decentraland
MANA
|
-0.65609914 | details, prediction |
Vechain
VET
|
-0.5482412 | details, prediction |
Crypto.com Chain
CRO
|
-0.5313123 | details, prediction |
Horizen
ZEN
|
-0.4365013 | details, prediction |
Tezos
XTZ
|
-0.4089937 | details, prediction |
| Third tier | ||
Propy
PRO
|
-0.76229966 | details, prediction |
Ontology
ONT
|
-0.4400054 | details, prediction |
Wanchain
WAN
|
-0.34483063 | details, prediction |
Steem
STEEM
|
-0.3349322 | details, prediction |
Civic
CVC
|
-0.32624426 | 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)