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 has broken last trend and will RAISE from the support level $0.2272

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
$0.22256286442279816 Weight: 11.971 18 Mar 2018
$0.20820072293281555 Weight: 73.247 08 Dec 2017

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.2272 Minimal price support level based on 24 hours movements

NEM price levels prediction for next 7 days

Next 7 days brief prediction

Price of XEM is now on EDGE at $0.248. So the next scenario is able. If price will go up, it will RAISE with support level $0.248 If price will go down it will spend next in CHANNEL near to $0.22399999 with $0.248 as upper border and $0.20639999 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
$0.2946186363697052 Weight: 5.575 12 May 2018
$0.27639493346214294 Weight: 12.701 08 Mar 2018
$0.22256286442279816 Weight: 11.971 18 Mar 2018
$0.20820072293281555 Weight: 73.247 08 Dec 2017
$0.19706620275974274 Weight: 93.969 01 Apr 2018
$0.19657906889915466 Weight: 5.527 24 Dec 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.248 Edge price dividing trends based on 7 days movements
0.20639999 Minimum price support level in case of RAISE trend based on 7 days movements
0.248 Channel maximum price resist level based in case of FALL trend on 7 days movements
0.20639999 Channel minimum price resist level based in case of FALL trend 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 $0.2432 with $0.30449998 as upper border and $0.2003 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
$0.3346562385559082 Weight: 6.744 07 Dec 2017
$0.3250802755355835 Weight: 15.652 10 Dec 2017
$0.3174017369747162 Weight: 6.839 19 Dec 2020
$0.31006598472595215 Weight: 6.98 08 Dec 2017
$0.2946186363697052 Weight: 5.575 12 May 2018
$0.27639493346214294 Weight: 12.701 08 Mar 2018
$0.22256286442279816 Weight: 11.971 18 Mar 2018
$0.20820072293281555 Weight: 73.247 08 Dec 2017
$0.19706620275974274 Weight: 93.969 01 Apr 2018
$0.19657906889915466 Weight: 5.527 24 Dec 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.30449998 Channel maximum price resist level based on 30 days movements
0.2003 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.87996507 details, prediction
0.8646529 details, prediction
0.85748017 details, prediction
0.84005034 details, prediction
0.8286598 details, prediction
Second tier
0.94263005 details, prediction
0.9289377 details, prediction
0.8889148 details, prediction
0.8753955 details, prediction
0.8551276 details, prediction
Third tier
0.9213614 details, prediction
0.91181225 details, prediction
0.91066897 details, prediction
0.90301424 details, prediction
0.9018663 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
-0.63363385 details, prediction
-0.1857263 details, prediction
0.06563634 details, prediction
0.2225145 details, prediction
0.22753 details, prediction
Second tier
-0.67369306 details, prediction
-0.6647095 details, prediction
-0.62203085 details, prediction
-0.59374964 details, prediction
-0.21174924 details, prediction
Third tier
-0.9423701 details, prediction
-0.8479375 details, prediction
-0.8368008 details, prediction
-0.82386535 details, prediction
-0.7965159 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)