Synthetix Network Token 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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Synthetix Network Token price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of SNX will be traded in CHANNEL near to $4.1200004 with $4.3100004 as upper border and $3.9050002 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 |
|---|---|---|
| $5.745228290557861 | Weight: 54.939 | 12 Aug 2020 |
| $4.556936264038086 | Weight: 55.402 | 01 Sep 2020 |
| $4.150038242340088 | Weight: 54.382 | 31 Aug 2020 |
| $3.95194935798645 | Weight: 55.048 | 30 Aug 2020 |
| $3.940871238708496 | Weight: 63.684 | 31 Aug 2020 |
| $3.8984389305114746 | Weight: 56.651 | 15 Aug 2020 |
| $3.8860185146331787 | Weight: 68.341 | 01 Sep 2020 |
| $3.7912185192108154 | Weight: 64.622 | 01 Sep 2020 |
| $3.7801058292388916 | Weight: 61.367 | 15 Aug 2020 |
| $3.703521966934204 | Weight: 64.136 | 01 Sep 2020 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 4.3100004 | Channel maximum price resist level based on 24 hours movements |
| 3.9050002 | Channel minimum price resist level based on 24 hours movements |
Synthetix Network Token price levels prediction for next 7 days
Next 7 days brief prediction
Price of SNX will be traded in CHANNEL near to $4.329 with $5.2860003 as upper border and $3.9029999 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 |
|---|---|---|
| $3.940871238708496 | Weight: 63.684 | 31 Aug 2020 |
| $3.8860185146331787 | Weight: 68.341 | 01 Sep 2020 |
| $3.7912185192108154 | Weight: 64.622 | 01 Sep 2020 |
| $3.7801058292388916 | Weight: 61.367 | 15 Aug 2020 |
| $3.703521966934204 | Weight: 64.136 | 01 Sep 2020 |
| $3.3051412105560303 | Weight: 76.151 | 02 Sep 2020 |
| $3.0762577056884766 | Weight: 82.064 | 30 Aug 2020 |
| $3.0572891235351562 | Weight: 67.991 | 23 Aug 2020 |
| $3.00058650970459 | Weight: 75.57 | 17 Aug 2020 |
| $2.5010104179382324 | Weight: 81.48 | 21 Sep 2020 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 5.2860003 | Channel maximum price resist level based on 7 days movements |
| 3.9029999 | Channel minimum price resist level based on 7 days movements |
Synthetix Network Token price levels prediction for next 30 days
Next 30 days brief prediction
Price of SNX will be traded in CHANNEL near to $4.449 with $5.703 as upper border and $2.925 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 |
|---|---|---|
| $7.153079986572266 | Weight: 82.145 | 15 Aug 2020 |
| $6.982290267944336 | Weight: 70.769 | 30 Aug 2020 |
| $6.907937526702881 | Weight: 66.023 | 02 Sep 2020 |
| $3.8860185146331787 | Weight: 68.341 | 01 Sep 2020 |
| $3.3051412105560303 | Weight: 76.151 | 02 Sep 2020 |
| $3.0762577056884766 | Weight: 82.064 | 30 Aug 2020 |
| $3.0572891235351562 | Weight: 67.991 | 23 Aug 2020 |
| $3.00058650970459 | Weight: 75.57 | 17 Aug 2020 |
| $2.5010104179382324 | Weight: 81.48 | 21 Sep 2020 |
| $2.3142547607421875 | Weight: 81.354 | 11 Aug 2020 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 5.703 | Channel maximum price resist level based on 30 days movements |
| 2.925 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
ChainLink
LINK
|
0.76312125 | details, prediction |
Cosmos
ATOM
|
0.6335625 | details, prediction |
IOTA
IOT
|
0.63090307 | details, prediction |
Huobi Token
HT
|
0.593534 | details, prediction |
EOS
EOS
|
0.5497331 | details, prediction |
| Second tier | ||
Aragon
ANT
|
0.8390263 | details, prediction |
EthLend
LEND
|
0.78748786 | details, prediction |
KuCoin Shares
KCS
|
0.7859036 | details, prediction |
Algorand
ALGO
|
0.77895516 | details, prediction |
ICON
ICX
|
0.7693301 | details, prediction |
| Third tier | ||
Lambda
LAMB
|
0.84986085 | details, prediction |
Numerai
NMR
|
0.8373285 | details, prediction |
Melon
MLN
|
0.82350355 | details, prediction |
Dock.io
DOCK
|
0.82041645 | details, prediction |
Hydro Protocol
HOT
|
0.81533515 | details, prediction |
This report should be leaned to get most info about heading trends. It means that Synthetix Network Token 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 Synthetix Network Token
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Monero
XMR
|
-0.38569006 | details, prediction |
Binance Coin
BNB
|
-0.23934701 | details, prediction |
Bitcoin
BTC
|
-0.19793814 | details, prediction |
Cardano
ADA
|
-0.02734926 | details, prediction |
Bitcoin Cash
BCH
|
0.027861442 | details, prediction |
| Second tier | ||
Nexo
NEXO
|
-0.50298345 | details, prediction |
DxChain
DX
|
-0.49438968 | details, prediction |
True USD
TUSD
|
-0.49054462 | details, prediction |
USD//Coin
USDC
|
-0.45554164 | details, prediction |
Paxos Standard
PAX
|
-0.43398798 | details, prediction |
| Third tier | ||
VestChain
VEST
|
-0.88059705 | details, prediction |
AICHAIN
AIT
|
-0.75902617 | details, prediction |
Bitbook Gambling
BXK
|
-0.6720216 | details, prediction |
Hubiit
HBT
|
-0.6590837 | details, prediction |
Dynamic Trading Rights
DTR
|
-0.648287 | 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)