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 $0.04948

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
0.04948 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 has broken last trend and will RAISE from the support level $0.049519997

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
0.049519997 Minimal price support level based on 7 days movements

NEM price levels prediction for next 30 days

Next 30 days brief prediction

Price of XEM has broken last trend and will RAISE from the support level $0.049060002

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
0.049060002 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9452635 details, prediction
0.92810684 details, prediction
0.66432035 details, prediction
0.33389983 details, prediction
0.32255816 details, prediction
Second tier
0.9570613 details, prediction
0.88497186 details, prediction
0.8718402 details, prediction
0.8568224 details, prediction
0.781221 details, prediction
Third tier
0.96669954 details, prediction
0.96210253 details, prediction
0.95782244 details, prediction
0.95475 details, prediction
0.9511304 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
-0.6571332 details, prediction
-0.6549827 details, prediction
-0.64873844 details, prediction
-0.50834066 details, prediction
-0.28412217 details, prediction
Second tier
-0.8790299 details, prediction
-0.76926214 details, prediction
-0.6995181 details, prediction
-0.68075037 details, prediction
-0.6190701 details, prediction
Third tier
-0.94589335 details, prediction
-0.88810813 details, prediction
-0.88134104 details, prediction
-0.8709793 details, prediction
-0.8572149 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)