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 7 days

Next 7 days brief prediction

Price of DAI is now on EDGE at $1.007. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $1.017 with $1.0250001 as upper border and $1.007 as bottom. If price will go down, it will FALL with support level $1.007

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
$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 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
1.007 Edge price dividing trends based on 7 days movements
1.0250001 Channel maximum price resist level based in case of RAISE trend on 7 days movements
1.007 Channel minimum price resist level based in case of RAISE trend on 7 days movements
1.007 Minimum price support level in case of FALL trend based on 7 days movements

Dai price levels prediction for next 30 days

Next 30 days brief prediction

Price of DAI has broken last trend and will FALL from the support level $0.99450004

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
$1.0340204238891602 Weight: 18.064 12 Mar 2020
$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
$0.827118992805481 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
0.99450004 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.4830302 details, prediction
0.24373263 details, prediction
0.03528567 details, prediction
-0.36608797 details, prediction
-0.52431726 details, prediction
Second tier
0.9543005 details, prediction
0.55299604 details, prediction
0.4056258 details, prediction
0.088866904 details, prediction
-0.3488369 details, prediction
Third tier
0.91994846 details, prediction
0.76038927 details, prediction
0.043626443 details, prediction
-0.06637415 details, prediction
-0.07368374 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
-0.81849265 details, prediction
-0.8059921 details, prediction
-0.76539916 details, prediction
-0.75457776 details, prediction
-0.7416678 details, prediction
Second tier
-0.8713414 details, prediction
-0.83249706 details, prediction
-0.8242736 details, prediction
-0.8098188 details, prediction
-0.8039243 details, prediction
Third tier
-0.90840733 details, prediction
-0.829937 details, prediction
-0.7885109 details, prediction
-0.78365237 details, prediction
-0.7823329 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)