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 $0.882 with $0.8974 as upper border and $0.8624 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 |
|---|---|---|
| $0.8100639581680298 | Weight: 40.255 | 11 May 2020 |
| $0.805999755859375 | Weight: 43.646 | 11 May 2020 |
| $0.7919794321060181 | Weight: 39.671 | 04 Mar 2020 |
| $0.7816837430000305 | Weight: 46.059 | 11 May 2020 |
| $0.7804054617881775 | Weight: 46.203 | 22 May 2020 |
| $0.7662299871444702 | Weight: 44.756 | 01 Mar 2020 |
| $0.7650299072265625 | Weight: 44.303 | 27 Feb 2020 |
| $0.7637389898300171 | Weight: 46.863 | 11 May 2020 |
| $0.7564298510551453 | Weight: 72.979 | 11 Nov 2019 |
| $0.7484084963798523 | Weight: 48.331 | 22 May 2020 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.8974 | Channel maximum price resist level based on 24 hours movements |
| 0.8624 | 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 $0.7724 with $0.8924 as upper border and $0.7116 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 |
|---|---|---|
| $1.4137587547302246 | Weight: 52.929 | 11 May 2020 |
| $1.4123210906982422 | Weight: 46.188 | 22 May 2020 |
| $1.3708947896957397 | Weight: 48.109 | 03 Mar 2020 |
| $1.2810781002044678 | Weight: 51.097 | 28 Jan 2020 |
| $1.1951462030410767 | Weight: 54.09 | 09 Apr 2020 |
| $1.1108771562576294 | Weight: 50.044 | 02 Dec 2019 |
| $0.7804054617881775 | Weight: 46.203 | 22 May 2020 |
| $0.7637389898300171 | Weight: 46.863 | 11 May 2020 |
| $0.7564298510551453 | Weight: 72.979 | 11 Nov 2019 |
| $0.7484084963798523 | Weight: 48.331 | 22 May 2020 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.8924 | Channel maximum price resist level based on 7 days movements |
| 0.7116 | 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 is now on EDGE at $0.858. So the next scenario is able. If price will go up, it will RAISE with support level $0.858 If price will go down it will spend next in CHANNEL near to $0.734 with $0.858 as upper border and $0.585 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 |
|---|---|---|
| $1.4137587547302246 | Weight: 52.929 | 11 May 2020 |
| $1.3708947896957397 | Weight: 48.109 | 03 Mar 2020 |
| $1.2810781002044678 | Weight: 51.097 | 28 Jan 2020 |
| $1.1951462030410767 | Weight: 54.09 | 09 Apr 2020 |
| $1.1108771562576294 | Weight: 50.044 | 02 Dec 2019 |
| $0.7564298510551453 | Weight: 72.979 | 11 Nov 2019 |
| $0.7484084963798523 | Weight: 48.331 | 22 May 2020 |
| $0.5768812298774719 | Weight: 48.36 | 02 May 2020 |
| $0.5229994654655457 | Weight: 76.854 | 18 Jan 2020 |
| $0.33144834637641907 | Weight: 72.299 | 16 Mar 2020 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.858 | Edge price dividing trends based on 30 days movements |
| 0.585 | Minimum price support level in case of RAISE trend based on 30 days movements |
| 0.858 | Channel maximum price resist level based in case of FALL trend on 30 days movements |
| 0.585 | Channel minimum price resist level based in case of FALL trend on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
XRP
XRP
|
0.8476127 | details, prediction |
TRON
TRX
|
0.83551556 | details, prediction |
Ethereum Classic
ETC
|
0.8331479 | details, prediction |
Monero
XMR
|
0.8294486 | details, prediction |
Ethereum
ETH
|
0.8257082 | details, prediction |
| Second tier | ||
Basic Attention Token
BAT
|
0.86599505 | details, prediction |
NEO
NEO
|
0.8570003 | details, prediction |
HedgeTrade
HEDG
|
0.8549588 | details, prediction |
ZCash
ZEC
|
0.85484296 | details, prediction |
Siacoin
SC
|
0.845078 | details, prediction |
| Third tier | ||
Spectre
XSPEC
|
0.9094722 | details, prediction |
Vitae
VITAE
|
0.89883184 | details, prediction |
BitKan
KAN
|
0.89211106 | details, prediction |
Proxeus
XES
|
0.88923097 | details, prediction |
Boolberry
BBR
|
0.88476676 | 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 | ||
Crypto.com Chain
CRO
|
0.64139104 | details, prediction |
Stellar
XLM
|
0.7067463 | details, prediction |
Bitcoin Cash
BCH
|
0.72300535 | details, prediction |
Bitcoin SV
BSV
|
0.735312 | details, prediction |
EOS
EOS
|
0.7414579 | details, prediction |
| Second tier | ||
True USD
TUSD
|
-0.13609165 | details, prediction |
Paxos Standard
PAX
|
-0.09592978 | details, prediction |
UNUS SED LEO
LEO
|
-0.055878833 | details, prediction |
USD//Coin
USDC
|
0.011146569 | details, prediction |
Dai
DAI
|
0.06269207 | details, prediction |
| Third tier | ||
Apex
CPX
|
-0.5021709 | details, prediction |
Tycoon Global
TCT
|
-0.42149696 | details, prediction |
Envion
EVN
|
-0.37102452 | details, prediction |
Docademic
MTC
|
-0.32065198 | details, prediction |
Gemini Dollar
GUSD
|
-0.21899913 | 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)