NEM 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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NEM price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of XEM will be traded in CHANNEL near to $0.0408 with $0.04172 as upper border and $0.03964 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

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.04172 Channel maximum price resist level based on 24 hours movements
0.03964 Channel minimum price resist level based on 24 hours movements

NEM price levels prediction for next 7 days

Next 7 days brief prediction

Price of XEM will be traded in CHANNEL near to $0.0412 with $0.041759998 as upper border and $0.039559998 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
0.041759998 Channel maximum price resist level based on 7 days movements
0.039559998 Channel minimum price resist level based on 7 days movements

NEM price levels prediction for next 30 days

Next 30 days brief prediction

Price of XEM will be traded in CHANNEL near to $0.045050003 with $0.052050002 as upper border and $0.03965 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
0.052050002 Channel maximum price resist level based on 30 days movements
0.03965 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8900887 details, prediction
0.87569636 details, prediction
0.8736784 details, prediction
0.8715646 details, prediction
0.863469 details, prediction
Second tier
0.9118815 details, prediction
0.9060936 details, prediction
0.8910618 details, prediction
0.8855042 details, prediction
0.8816818 details, prediction
Third tier
0.9113876 details, prediction
0.8687056 details, prediction
0.85772634 details, prediction
0.8461845 details, prediction
0.84504867 details, prediction


This report should be leaned to get most info about heading trends. It means that NEM 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 NEM
Low correlated currencies
Coin Correlation Links
First tier
-0.30295265 details, prediction
-0.04682182 details, prediction
0.15139991 details, prediction
0.24812096 details, prediction
0.34328553 details, prediction
Second tier
-0.5053699 details, prediction
-0.176563 details, prediction
-0.13813454 details, prediction
-0.13388191 details, prediction
-0.08155346 details, prediction
Third tier
-0.70061815 details, prediction
-0.6874768 details, prediction
-0.6611429 details, prediction
-0.63799554 details, prediction
-0.5817154 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)