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 has broken last trend and will FALL from the support level $1.633

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
1.633 Maximum price support level 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 $1.415

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
$0.8186199069023132 Weight: 99.959 12 Aug 2018
$0.7748094797134399 Weight: 100 12 Aug 2018

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
1.415 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.73524976 details, prediction
0.63383174 details, prediction
0.5868974 details, prediction
0.56377864 details, prediction
0.47962978 details, prediction
Second tier
0.6778131 details, prediction
0.66714025 details, prediction
0.6333702 details, prediction
0.59980154 details, prediction
0.57955956 details, prediction
Third tier
0.7060235 details, prediction
0.6133839 details, prediction
0.60906583 details, prediction
0.597768 details, prediction
0.478105 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
-0.81416154 details, prediction
-0.548938 details, prediction
-0.49809226 details, prediction
-0.41043308 details, prediction
-0.406776 details, prediction
Second tier
-0.882342 details, prediction
-0.6092662 details, prediction
-0.5659392 details, prediction
-0.41644463 details, prediction
-0.3445939 details, prediction
Third tier
-0.4568389 details, prediction
-0.4303371 details, prediction
-0.29803157 details, prediction
-0.2927644 details, prediction
-0.27466518 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)