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 $0.36540002 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
0.35456842 details, prediction
0.35308397 details, prediction
0.3233819 details, prediction
0.31859443 details, prediction
0.25347596 details, prediction
Second tier
0.7899219 details, prediction
0.71973294 details, prediction
0.66794455 details, prediction
0.48899084 details, prediction
0.41284907 details, prediction
Third tier
0.83558536 details, prediction
0.8209479 details, prediction
0.76278716 details, prediction
0.7444211 details, prediction
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
-0.26465717 details, prediction
-0.25136897 details, prediction
-0.23929922 details, prediction
-0.2190858 details, prediction
-0.21889673 details, prediction
Second tier
-0.44545034 details, prediction
-0.2791175 details, prediction
-0.25848573 details, prediction
-0.25058725 details, prediction
-0.24301492 details, prediction
Third tier
-0.61247706 details, prediction
-0.5699188 details, prediction
-0.51824087 details, prediction
-0.5063621 details, prediction
-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)