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 24 hours

Next 24 hours brief prediction

Price of KMD has broken last trend and will RAISE from the support level $0.7415

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
$0.7788844704627991 Weight: 36.192 14 Aug 2018
$0.7698357701301575 Weight: 7.185 13 Apr 2019

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.7415 Minimal price support level based on 24 hours movements

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 $0.7275

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
$0.7788844704627991 Weight: 36.192 14 Aug 2018
$0.7698357701301575 Weight: 7.185 13 Apr 2019
$0.510553777217865 Weight: 8.886 26 Sep 2019
$0.5018273591995239 Weight: 7.48 10 Feb 2019

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.7275 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 has broken last trend and will RAISE from the support level $0.62229997

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
$0.7788844704627991 Weight: 36.192 14 Aug 2018
$0.7698357701301575 Weight: 7.185 13 Apr 2019
$0.510553777217865 Weight: 8.886 26 Sep 2019
$0.5018273591995239 Weight: 7.48 10 Feb 2019
$0.4629659056663513 Weight: 8.793 27 Jan 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.62229997 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9103457 details, prediction
0.90536344 details, prediction
0.8792751 details, prediction
0.8742703 details, prediction
0.8709889 details, prediction
Second tier
0.93607205 details, prediction
0.92833537 details, prediction
0.9227054 details, prediction
0.906559 details, prediction
0.8962196 details, prediction
Third tier
0.9356904 details, prediction
0.9323962 details, prediction
0.91983384 details, prediction
0.9179464 details, prediction
0.9085966 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
0.67578334 details, prediction
0.76140195 details, prediction
0.779954 details, prediction
0.7863065 details, prediction
0.7979199 details, prediction
Second tier
-0.11003647 details, prediction
-0.08814172 details, prediction
-0.07035354 details, prediction
-0.0434557 details, prediction
-0.03394792 details, prediction
Third tier
-0.31699914 details, prediction
-0.30992138 details, prediction
-0.26698932 details, prediction
-0.25378376 details, prediction
-0.21321736 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)