Komodo 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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Komodo price levels prediction for next 7 days
Next 7 days brief prediction
Price of KMD will be traded in CHANNEL near to $0.003173 with $0.00353 as upper border and $0.003083 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 |
|---|
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.00353 | Channel maximum price resist level based on 7 days movements |
| 0.003083 | Channel minimum price resist level based on 7 days movements |
Komodo price levels prediction for next 30 days
Next 30 days brief prediction
Price of KMD has broken last trend and will FALL from the support level $0.003420001Historic 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 |
|---|
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.003420001 | Maximum price support level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Cardano
ADA
|
0.8871533 | details, prediction |
Crypto.com Chain
CRO
|
0.87865907 | details, prediction |
Bitcoin Cash
BCH
|
0.8475527 | details, prediction |
Ethereum Classic
ETC
|
0.5832483 | details, prediction |
XRP
XRP
|
0.35983706 | details, prediction |
| Second tier | ||
IOTA
IOT
|
0.9367032 | details, prediction |
Ardor
ARDR
|
0.93576115 | details, prediction |
Theta Fuel
TFUEL
|
0.92945164 | details, prediction |
Telcoin
TEL
|
0.9070824 | details, prediction |
Siacoin
SC
|
0.89225644 | details, prediction |
| Third tier | ||
Loopring
LRC
|
0.93608826 | details, prediction |
Elastos
ELA
|
0.9173313 | details, prediction |
SysCoin
SYS
|
0.9054576 | details, prediction |
IoTeX
IOTX
|
0.90098906 | details, prediction |
Internet of Services
IOST
|
0.88509005 | details, prediction |
This report should be leaned to get most info about heading trends. It means that Komodo 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 Komodo
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
TRON
TRX
|
-0.9380047 | details, prediction |
Ethereum
ETH
|
-0.6780444 | details, prediction |
ZCash
ZEC
|
-0.5448649 | details, prediction |
Bitcoin
BTC
|
-0.530237 | details, prediction |
KuCoin Shares
KCS
|
-0.46636513 | details, prediction |
| Second tier | ||
Bitcoin SV
BSV
|
-0.53638977 | details, prediction |
Algorand
ALGO
|
-0.5243416 | details, prediction |
True USD
TUSD
|
-0.42436722 | details, prediction |
Nexo
NEXO
|
-0.33133835 | details, prediction |
DASH
DASH
|
-0.22220044 | details, prediction |
| Third tier | ||
V Systems
VSYS
|
-0.8020789 | details, prediction |
Ontology
ONT
|
-0.7214747 | details, prediction |
HEROcoin
PLAY
|
-0.5885598 | details, prediction |
OPEN Platform
OPEN
|
-0.5598185 | details, prediction |
NKN
NKN
|
-0.543751 | 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)