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 $0.10741

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
$0.07059110701084137 Weight: 17.318 18 Sep 2018

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.10741 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 will be traded in CHANNEL near to $0.104499996 with $0.1179 as upper border and $0.0796 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
$0.07059110701084137 Weight: 17.318 18 Sep 2018

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.1179 Channel maximum price resist level based on 7 days movements
0.0796 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 $0.12047999 with $0.1512 as upper border and $0.092159994 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
$0.14196117222309113 Weight: 7.774 05 Nov 2017
$0.07059110701084137 Weight: 17.318 18 Sep 2018

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.1512 Channel maximum price resist level based on 30 days movements
0.092159994 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9153498 details, prediction
0.8946697 details, prediction
0.87848085 details, prediction
0.8771715 details, prediction
0.8577811 details, prediction
Second tier
0.91414636 details, prediction
0.9044072 details, prediction
0.90164816 details, prediction
0.9014028 details, prediction
0.8997796 details, prediction
Third tier
0.96122026 details, prediction
0.9487579 details, prediction
0.94784313 details, prediction
0.9409096 details, prediction
0.93308014 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
-0.41149455 details, prediction
-0.04674943 details, prediction
-0.02101977 details, prediction
-0.0071738963 details, prediction
0.15955845 details, prediction
Second tier
-0.52398807 details, prediction
-0.44293725 details, prediction
-0.4005016 details, prediction
-0.34706563 details, prediction
-0.06623093 details, prediction
Third tier
-0.8413741 details, prediction
-0.8165686 details, prediction
-0.75518423 details, prediction
-0.7304334 details, prediction
-0.7198636 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)