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 has broken last trend and will RAISE from the support level $0.00306

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
0.00306 Minimal price support level based on 7 days movements

Komodo price levels prediction for next 30 days

Next 30 days brief prediction

Price of KMD is now on EDGE at $0.00336. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.0036300002 with $0.0039 as upper border and $0.00336 as bottom. If price will go down, it will FALL with support level $0.00336

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

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.00336 Edge price dividing trends based on 30 days movements
0.0039 Channel maximum price resist level based in case of RAISE trend on 30 days movements
0.00336 Channel minimum price resist level based in case of RAISE trend on 30 days movements
0.00336 Minimum price support level in case of FALL trend based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.89543205 details, prediction
0.84706706 details, prediction
0.75191694 details, prediction
0.73957735 details, prediction
0.7326807 details, prediction
Second tier
0.9503243 details, prediction
0.9343025 details, prediction
0.9222372 details, prediction
0.91617894 details, prediction
0.9160186 details, prediction
Third tier
0.96039927 details, prediction
0.9380825 details, prediction
0.92003685 details, prediction
0.9143948 details, prediction
0.91171765 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
-0.8130191 details, prediction
-0.044976797 details, prediction
0.048837774 details, prediction
0.3149586 details, prediction
0.33438048 details, prediction
Second tier
-0.0012772781 details, prediction
0.0020164738 details, prediction
0.009966486 details, prediction
0.040054977 details, prediction
0.13563286 details, prediction
Third tier
-0.6824621 details, prediction
-0.5444889 details, prediction
-0.48322713 details, prediction
-0.24984646 details, prediction
-0.119456515 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)