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 7 days
Next 7 days brief prediction
Price of SNX will be traded in CHANNEL near to $0.29299998 with $0.302 as upper border and $0.27879998 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 |
|---|---|
| 0.302 | Channel maximum price resist level based on 7 days movements |
| 0.27879998 | 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 $0.29549998 with $0.309 as upper border and $0.27899998 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 |
|---|
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.309 | Channel maximum price resist level based on 30 days movements |
| 0.27899998 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Cardano
ADA
|
0.96534 | details, prediction |
Ethereum Classic
ETC
|
0.9642862 | details, prediction |
Monero
XMR
|
0.95634454 | details, prediction |
Litecoin
LTC
|
0.9544488 | details, prediction |
Bitcoin
BTC
|
0.95032364 | details, prediction |
| Second tier | ||
Telcoin
TEL
|
0.98137516 | details, prediction |
Basic Attention Token
BAT
|
0.9779276 | details, prediction |
Horizen
ZEN
|
0.97507685 | details, prediction |
Decentraland
MANA
|
0.97197884 | details, prediction |
Status
SNT
|
0.96812934 | details, prediction |
| Third tier | ||
Lisk
LSK
|
0.98388577 | details, prediction |
PIVX
PIVX
|
0.98018956 | details, prediction |
Bancor
BNT
|
0.9795456 | details, prediction |
Civic
CVC
|
0.971495 | details, prediction |
ICON
ICX
|
0.9714869 | 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 | ||
TRON
TRX
|
-0.7240808 | details, prediction |
UNUS SED LEO
LEO
|
0.034428097 | details, prediction |
Binance Coin
BNB
|
0.6983923 | details, prediction |
ZCash
ZEC
|
0.7660462 | details, prediction |
Dogecoin
DOGE
|
0.7715962 | details, prediction |
| Second tier | ||
Dai
DAI
|
-0.43081653 | details, prediction |
Decred
DCR
|
-0.1688552 | details, prediction |
True USD
TUSD
|
0.10899389 | details, prediction |
Nexo
NEXO
|
0.52857655 | details, prediction |
Verge
XVG
|
0.5289419 | details, prediction |
| Third tier | ||
Kambria
KAT
|
-0.41358826 | details, prediction |
Ontology
ONT
|
-0.36324784 | details, prediction |
OPEN Platform
OPEN
|
-0.039088648 | details, prediction |
Dent
DENT
|
7.8041415E-4 | details, prediction |
HEROcoin
PLAY
|
0.1222009 | 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)