Steem 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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Steem price levels prediction for next 7 days

Next 7 days brief prediction

Price of STEEM has broken last trend and will RAISE from the support level $0.051650003

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
$0.062966354 Weight: 5.646 14 Jan 2021
$0.053898565 Weight: 98.469 14 Jan 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.051650003 Minimal price support level based on 7 days movements

Steem price levels prediction for next 30 days

Next 30 days brief prediction

Price of STEEM will be traded in CHANNEL near to $0.056339998 with $0.06572 as upper border and $0.05466 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
$0.062966354 Weight: 5.646 14 Jan 2021
$0.053898565 Weight: 98.469 14 Jan 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.06572 Channel maximum price resist level based on 30 days movements
0.05466 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.83094096 details, prediction
0.8159703 details, prediction
0.81585467 details, prediction
0.8046064 details, prediction
0.7983358 details, prediction
Second tier
0.94009614 details, prediction
0.9364339 details, prediction
0.92567015 details, prediction
0.9233378 details, prediction
0.9197123 details, prediction
Third tier
0.9531475 details, prediction
0.95167893 details, prediction
0.94019985 details, prediction
0.93986255 details, prediction
0.93257874 details, prediction


This report should be leaned to get most info about heading trends. It means that Steem 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 Steem
Low correlated currencies
Coin Correlation Links
First tier
-0.23229082 details, prediction
0.15261205 details, prediction
0.47468606 details, prediction
0.52008677 details, prediction
0.52369183 details, prediction
Second tier
-0.32577288 details, prediction
-0.030880071 details, prediction
0.120463885 details, prediction
0.24504772 details, prediction
0.5071839 details, prediction
Third tier
-0.5780484 details, prediction
-0.51787066 details, prediction
0.09552213 details, prediction
0.30707812 details, prediction
0.5267951 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)