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 24 hours

Next 24 hours brief prediction

Price of DAI will be traded in CHANNEL near to $1.008 with $1.016 as upper border and $0.995 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
$0.9891184568405151 Weight: 99.985 12 Aug 2018

Volume profile price channel in 24 hours range

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

Dai price levels prediction for next 7 days

Next 7 days brief prediction

Price of DAI will be traded in CHANNEL near to $1.003 with $1.0074999 as upper border and $0.9877 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
$0.9891184568405151 Weight: 99.985 12 Aug 2018
$0.8186199069023132 Weight: 100 12 Aug 2018

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
1.0074999 Channel maximum price resist level based on 7 days movements
0.9877 Channel minimum price resist level based on 7 days movements

Dai price levels prediction for next 30 days

Next 30 days brief prediction

Price of DAI will be traded in CHANNEL near to $1.3899 with $1.4115 as upper border and $0.9912 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
$0.9891184568405151 Weight: 99.985 12 Aug 2018
$0.8186199069023132 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
1.4115 Channel maximum price resist level based on 30 days movements
0.9912 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.15440866 details, prediction
0.13945405 details, prediction
-0.082403764 details, prediction
-0.10116194 details, prediction
-0.105738014 details, prediction
Second tier
0.8771657 details, prediction
0.8486343 details, prediction
0.44689947 details, prediction
0.35021836 details, prediction
0.30513114 details, prediction
Third tier
0.8706955 details, prediction
0.77826333 details, prediction
0.6438373 details, prediction
0.6305406 details, prediction
0.48230687 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
-0.27440506 details, prediction
-0.27280042 details, prediction
-0.254763 details, prediction
-0.25254107 details, prediction
-0.23459394 details, prediction
Second tier
-0.35591856 details, prediction
-0.3131009 details, prediction
-0.27275074 details, prediction
-0.2549439 details, prediction
-0.25483128 details, prediction
Third tier
-0.64095086 details, prediction
-0.41898337 details, prediction
-0.35327685 details, prediction
-0.32327288 details, prediction
-0.32287133 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)