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 $9.425 with $9.578 as upper border and $9.236 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
$9.592267036437988 Weight: 26.361 23 May 2021

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
9.578 Channel maximum price resist level based on 24 hours movements
9.236 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 $9.606 with $10.029 as upper border and $9.156 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
$11.44671630859375 Weight: 20.964 22 Jan 2021
$11.397241592407227 Weight: 40.827 19 May 2021
$10.860894203186035 Weight: 13.144 14 Jan 2021
$10.500724792480469 Weight: 13.593 11 Jan 2021
$10.323217391967773 Weight: 11.968 30 May 2021
$10.084328651428223 Weight: 15.598 13 Sep 2021
$9.967205047607422 Weight: 14.909 13 Jan 2021
$9.91546630859375 Weight: 14.966 14 Jan 2021
$9.592267036437988 Weight: 26.361 23 May 2021
$9.18894100189209 Weight: 16.354 22 Sep 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
10.029 Channel maximum price resist level based on 7 days movements
9.156 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 $11.6 with $15.290001 as upper border and $8.918 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
$16.357515335083008 Weight: 38.004 13 Jan 2021
$15.788375854492188 Weight: 35.22 14 Jan 2021
$15.538542747497559 Weight: 32.409 14 Jan 2021
$15.151712417602539 Weight: 34.106 14 Jan 2021
$15.11396598815918 Weight: 30.786 14 Jan 2021
$14.4833345413208 Weight: 31.554 14 Jan 2021
$14.243681907653809 Weight: 36.72 23 Feb 2021
$13.547167778015137 Weight: 81.862 25 Apr 2021
$13.346959114074707 Weight: 82.225 26 Apr 2021
$11.397241592407227 Weight: 40.827 19 May 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
15.290001 Channel maximum price resist level based on 30 days movements
8.918 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.84218836 details, prediction
0.8353868 details, prediction
0.8292091 details, prediction
0.8024377 details, prediction
0.79872465 details, prediction
Second tier
0.85164773 details, prediction
0.8482302 details, prediction
0.8445788 details, prediction
0.8429058 details, prediction
0.8301328 details, prediction
Third tier
0.8628461 details, prediction
0.8576034 details, prediction
0.8555676 details, prediction
0.84436065 details, prediction
0.8162405 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
-0.016874585 details, prediction
0.022047559 details, prediction
0.211246 details, prediction
0.21497305 details, prediction
0.21834505 details, prediction
Second tier
-0.05048539 details, prediction
0.05482887 details, prediction
0.08449882 details, prediction
0.08954384 details, prediction
0.09932011 details, prediction
Third tier
-0.58456373 details, prediction
-0.5124945 details, prediction
-0.50286007 details, prediction
-0.48572484 details, prediction
-0.4292389 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)