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 $0.042799998 with $0.04428 as upper border and $0.04064 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
0.04428 Channel maximum price resist level based on 24 hours movements
0.04064 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 $0.04152 with $0.04324 as upper border and $0.03992 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
0.04324 Channel maximum price resist level based on 7 days movements
0.03992 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 $0.04092 with $0.042960003 as upper border and $0.03756 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
0.042960003 Channel maximum price resist level based on 30 days movements
0.03756 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.93483585 details, prediction
0.9290064 details, prediction
0.92653483 details, prediction
0.9187035 details, prediction
0.8977766 details, prediction
Second tier
0.9781309 details, prediction
0.97421175 details, prediction
0.97178566 details, prediction
0.9625269 details, prediction
0.95832074 details, prediction
Third tier
0.98145 details, prediction
0.97695506 details, prediction
0.9702093 details, prediction
0.964986 details, prediction
0.96404123 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
-0.06554487 details, prediction
0.024469584 details, prediction
0.38614637 details, prediction
0.64821297 details, prediction
0.69945866 details, prediction
Second tier
-0.60387903 details, prediction
-0.50830805 details, prediction
-0.34294155 details, prediction
-0.24260679 details, prediction
-0.19293652 details, prediction
Third tier
-0.8865592 details, prediction
-0.80804276 details, prediction
-0.80680084 details, prediction
-0.7953424 details, prediction
-0.7889462 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)