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 $0.088999994 with $0.091479994 as upper border and $0.086519994 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
$0.0885498970746994 Weight: 13.753 15 Aug 2018

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.091479994 Channel maximum price resist level based on 24 hours movements
0.086519994 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 $0.087579995 with $0.0952 as upper border and $0.04894 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
$0.0885498970746994 Weight: 13.753 15 Aug 2018

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.0952 Channel maximum price resist level based on 7 days movements
0.04894 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 $0.06945 with $0.0941 as upper border and $0.05055 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
$0.0885498970746994 Weight: 13.753 15 Aug 2018

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.0941 Channel maximum price resist level based on 30 days movements
0.05055 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.91922 details, prediction
0.9035036 details, prediction
0.9011646 details, prediction
0.89086646 details, prediction
0.8877137 details, prediction
Second tier
0.95774263 details, prediction
0.9477117 details, prediction
0.9415093 details, prediction
0.9313633 details, prediction
0.9282284 details, prediction
Third tier
0.9509344 details, prediction
0.9327876 details, prediction
0.9186378 details, prediction
0.91348547 details, prediction
0.9065871 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
0.17623645 details, prediction
0.67957366 details, prediction
0.7123143 details, prediction
0.7279089 details, prediction
0.77648073 details, prediction
Second tier
-0.5326744 details, prediction
-0.22902216 details, prediction
-0.14800723 details, prediction
-0.08221793 details, prediction
-0.07917566 details, prediction
Third tier
-0.8614652 details, prediction
-0.79963225 details, prediction
-0.7211735 details, prediction
-0.717474 details, prediction
-0.7137575 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)