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 $0.17400001 with $0.17680001 as upper border and $0.17150001 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 |
|---|---|
| 0.17680001 | Channel maximum price resist level based on 24 hours movements |
| 0.17150001 | 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 $0.17140001 with $0.1772 as upper border and $0.1629 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 |
|---|---|---|
| $0.17951184511184692 | Weight: 5.897 | 31 Dec 2020 |
| $0.14196117222309113 | Weight: 7.805 | 05 Nov 2017 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.1772 | Channel maximum price resist level based on 7 days movements |
| 0.1629 | 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 $0.1725 with $0.1851 as upper border and $0.1407 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 |
|---|---|---|
| $0.242391437292099 | Weight: 5.472 | 06 Sep 2021 |
| $0.23496438562870026 | Weight: 9.876 | 23 Apr 2021 |
| $0.22256286442279816 | Weight: 11.952 | 18 Mar 2018 |
| $0.21903087198734283 | Weight: 24.457 | 31 Jan 2021 |
| $0.20820072293281555 | Weight: 73.13 | 08 Dec 2017 |
| $0.19706620275974274 | Weight: 95.248 | 01 Apr 2018 |
| $0.17951184511184692 | Weight: 5.897 | 31 Dec 2020 |
| $0.14196117222309113 | Weight: 7.805 | 05 Nov 2017 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.1851 | Channel maximum price resist level based on 30 days movements |
| 0.1407 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Ethereum Classic
ETC
|
0.9423023 | details, prediction |
NEO
NEO
|
0.940183 | details, prediction |
EOS
EOS
|
0.9376755 | details, prediction |
Bitcoin Cash
BCH
|
0.92922795 | details, prediction |
Theta
THETA
|
0.9283657 | details, prediction |
| Second tier | ||
Kyber Network
KNC
|
0.9425936 | details, prediction |
Status
SNT
|
0.94009024 | details, prediction |
Bitshares
BTS
|
0.93922585 | details, prediction |
Ontology
ONT
|
0.9324608 | details, prediction |
DigiByte
DGB
|
0.93014747 | details, prediction |
| Third tier | ||
AppCoins
APPC
|
0.9428568 | details, prediction |
Ambrosus
AMB
|
0.9350116 | details, prediction |
Nework
NKC
|
0.9293691 | details, prediction |
Gamecredits
GAME
|
0.91957045 | details, prediction |
0chain
ZCN
|
0.91042936 | 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 | ||
Cosmos
ATOM
|
-0.03067742 | details, prediction |
OmiseGo
OMG
|
-0.0105311 | details, prediction |
Algorand
ALGO
|
-0.006548637 | details, prediction |
Fantom
FTM
|
0.043612994 | details, prediction |
Tezos
XTZ
|
0.088320956 | details, prediction |
| Second tier | ||
XYO Network
XYO
|
-0.024994286 | details, prediction |
Paxos Standard
PAX
|
0.0015804529 | details, prediction |
Melon
MLN
|
0.01709947 | details, prediction |
USD//Coin
USDC
|
0.017622462 | details, prediction |
Dai
DAI
|
0.018884545 | details, prediction |
| Third tier | ||
Lina
LINA
|
-0.6952759 | details, prediction |
Revain
R
|
-0.5850633 | details, prediction |
Docademic
MTC
|
-0.46964177 | details, prediction |
Neurotoken
NTK
|
-0.46522817 | details, prediction |
Nimiq
NET
|
-0.45776838 | 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)