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 has broken last trend and will FALL from the support level $0.9932

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
0.9932 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
-0.306808 details, prediction
-0.4348063 details, prediction
-0.51377875 details, prediction
-0.54993415 details, prediction
-0.5908649 details, prediction
Second tier
0.9369582 details, prediction
0.8992328 details, prediction
-0.387773 details, prediction
-0.40575925 details, prediction
-0.41594058 details, prediction
Third tier
0.5318156 details, prediction
0.45068023 details, prediction
0.41337997 details, prediction
0.26631555 details, prediction
0.22618774 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
-0.81908876 details, prediction
-0.792737 details, prediction
-0.79134434 details, prediction
-0.7312025 details, prediction
-0.7277245 details, prediction
Second tier
-0.8522635 details, prediction
-0.8479211 details, prediction
-0.83903354 details, prediction
-0.83710366 details, prediction
-0.8350182 details, prediction
Third tier
-0.9404811 details, prediction
-0.88215905 details, prediction
-0.8796897 details, prediction
-0.8656712 details, prediction
-0.8577051 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)