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
Read more detailed info about this tool
NEM price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of XEM will be traded in CHANNEL near to $0.36540002 with $0.37980002 as upper border and $0.3219 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 |
|---|---|---|
| $0.40509626269340515 | Weight: 7.252 | 09 Dec 2017 |
| $0.3717016875743866 | Weight: 7.305 | 07 Apr 2021 |
| $0.36093372106552124 | Weight: 35.471 | 06 Feb 2018 |
| $0.36072611808776855 | Weight: 6.57 | 04 Apr 2021 |
| $0.36011043190956116 | Weight: 6.205 | 22 Apr 2021 |
| $0.3567066788673401 | Weight: 6.272 | 18 Apr 2021 |
| $0.3453955054283142 | Weight: 6.769 | 20 Mar 2018 |
| $0.3346562385559082 | Weight: 6.787 | 07 Dec 2017 |
| $0.3250802755355835 | Weight: 15.751 | 10 Dec 2017 |
| $0.3174017369747162 | Weight: 8.768 | 19 Dec 2020 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.37980002 | Channel maximum price resist level based on 24 hours movements |
| 0.3219 | 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 $0.36400002 with $0.4008 as upper border and $0.306 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 |
|---|---|---|
| $0.4685799181461334 | Weight: 17.478 | 09 Feb 2018 |
| $0.46755629777908325 | Weight: 15.121 | 22 Feb 2021 |
| $0.4533946216106415 | Weight: 13.956 | 25 Apr 2018 |
| $0.45210692286491394 | Weight: 13.687 | 23 Feb 2021 |
| $0.4506435990333557 | Weight: 11.694 | 02 Feb 2018 |
| $0.4315638244152069 | Weight: 17.657 | 26 Feb 2021 |
| $0.36093372106552124 | Weight: 35.471 | 06 Feb 2018 |
| $0.3250802755355835 | Weight: 15.751 | 10 Dec 2017 |
| $0.3053467571735382 | Weight: 26.266 | 12 Mar 2021 |
| $0.27639493346214294 | Weight: 12.781 | 08 Mar 2018 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.4008 | Channel maximum price resist level based on 7 days movements |
| 0.306 | 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 $0.3818 with $0.4184 as upper border and $0.3152 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 |
|---|---|---|
| $0.8605195879936218 | Weight: 26.341 | 03 Mar 2021 |
| $0.8089460134506226 | Weight: 24.349 | 08 Feb 2018 |
| $0.6619930863380432 | Weight: 22.778 | 17 Jan 2018 |
| $0.6477584838867188 | Weight: 19.389 | 09 Dec 2017 |
| $0.6305719017982483 | Weight: 64.234 | 17 Jan 2018 |
| $0.6145226955413818 | Weight: 26.078 | 22 Dec 2017 |
| $0.4913374185562134 | Weight: 23.992 | 15 Dec 2017 |
| $0.36093372106552124 | Weight: 35.471 | 06 Feb 2018 |
| $0.3053467571735382 | Weight: 26.266 | 12 Mar 2021 |
| $0.20820072293281555 | Weight: 73.711 | 08 Dec 2017 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.4184 | Channel maximum price resist level based on 30 days movements |
| 0.3152 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Fantom
FTM
|
0.35456842 | details, prediction |
Cardano
ADA
|
0.35308397 | details, prediction |
Ravencoin
RVN
|
0.3233819 | details, prediction |
Cosmos
ATOM
|
0.31859443 | details, prediction |
Huobi Token
HT
|
0.25347596 | details, prediction |
| Second tier | ||
Ethos (Bitquence)
BQX
|
0.7899219 | details, prediction |
AMO Coin
AMO
|
0.71973294 | details, prediction |
Republic protocol
REN
|
0.66794455 | details, prediction |
EthLend
LEND
|
0.48899084 | details, prediction |
Synthetix Network Token
SNX
|
0.41284907 | details, prediction |
| Third tier | ||
BitMax Token
BTMX
|
0.83558536 | details, prediction |
GET Protocol
GET
|
0.8209479 | details, prediction |
Bitcoin Green
BITG
|
0.76278716 | details, prediction |
Stratis
STRAT
|
0.7444211 | details, prediction |
DimeCoin
DIME
|
0.73859614 | 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 | ||
Decentraland
MANA
|
-0.26465717 | details, prediction |
Siacoin
SC
|
-0.25136897 | details, prediction |
Chiliz
CHZ
|
-0.23929922 | details, prediction |
Verge
XVG
|
-0.2190858 | details, prediction |
Vechain
VET
|
-0.21889673 | details, prediction |
| Second tier | ||
HedgeTrade
HEDG
|
-0.44545034 | details, prediction |
FirstBlood
1ST
|
-0.2791175 | details, prediction |
WaykiChain
WICC
|
-0.25848573 | details, prediction |
Project Pai
PAI
|
-0.25058725 | details, prediction |
Monaco
MCO
|
-0.24301492 | details, prediction |
| Third tier | ||
Mysterium
MYST
|
-0.61247706 | details, prediction |
BlockMason Credit Protocol
BCPT
|
-0.5699188 | details, prediction |
CryptoPay
CPAY
|
-0.51824087 | details, prediction |
SALT
SALT
|
-0.5063621 | details, prediction |
Asch
XAS
|
-0.47200662 | 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)