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 is now on EDGE at $0.208. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.2134 with $0.215 as upper border and $0.208 as bottom. If price will go down, it will FALL with support level $0.208Historic 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 |
|---|
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.208 | Edge price dividing trends based on 24 hours movements |
| 0.215 | Channel maximum price resist level based in case of RAISE trend on 24 hours movements |
| 0.208 | Channel minimum price resist level based in case of RAISE trend on 24 hours movements |
| 0.208 | Minimum price support level in case of FALL trend 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 $0.228 with $0.2359 as upper border and $0.1964 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 |
|---|---|
| 0.2359 | Channel maximum price resist level based on 7 days movements |
| 0.1964 | 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 $0.20760001. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.22500001 with $0.24030001 as upper border and $0.20760001 as bottom. If price will go down, it will FALL with support level $0.20760001Historic 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 |
|---|---|
| 0.20760001 | Edge price dividing trends based on 30 days movements |
| 0.24030001 | Channel maximum price resist level based in case of RAISE trend on 30 days movements |
| 0.20760001 | Channel minimum price resist level based in case of RAISE trend on 30 days movements |
| 0.20760001 | Minimum price support level in case of FALL trend based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Stellar
XLM
|
0.8357566 | details, prediction |
Ethereum Classic
ETC
|
0.78603595 | details, prediction |
Dogecoin
DOGE
|
0.75149816 | details, prediction |
KuCoin Shares
KCS
|
0.6581365 | details, prediction |
Bitcoin Cash
BCH
|
0.6270644 | details, prediction |
| Second tier | ||
NEO
NEO
|
0.92137074 | details, prediction |
Tezos
XTZ
|
0.9043446 | details, prediction |
Basic Attention Token
BAT
|
0.9009539 | details, prediction |
Ravencoin
RVN
|
0.8972701 | details, prediction |
IOTA
IOT
|
0.887559 | details, prediction |
| Third tier | ||
Civic
CVC
|
0.9188552 | details, prediction |
Internet of Services
IOST
|
0.9061303 | details, prediction |
SwftCoin
SWFTC
|
0.90025437 | details, prediction |
Kyber Network
KNC
|
0.8979496 | details, prediction |
ARK
ARK
|
0.8972605 | 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
|
-0.33935365 | details, prediction |
ChainLink
LINK
|
-0.18758763 | details, prediction |
Ethereum
ETH
|
-0.16806187 | details, prediction |
ZCash
ZEC
|
-0.11661486 | details, prediction |
Bitcoin
BTC
|
0.10924208 | details, prediction |
| Second tier | ||
Dai
DAI
|
-0.7280512 | details, prediction |
DigiByte
DGB
|
-0.3995527 | details, prediction |
Bitcoin SV
BSV
|
-0.23147504 | details, prediction |
USD//Coin
USDC
|
0.041263137 | details, prediction |
Decred
DCR
|
0.042818803 | details, prediction |
| Third tier | ||
V Systems
VSYS
|
-0.4772835 | details, prediction |
NKN
NKN
|
-0.41981754 | details, prediction |
Propy
PRO
|
-0.31367466 | details, prediction |
Dent
DENT
|
2.9640202E-4 | details, prediction |
Hydro Protocol
HOT
|
0.058251385 | 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)