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 is now on EDGE at $0.04628. So the next scenario is able. If price will go up, it will RAISE with support level $0.04628 If price will go down it will spend next in CHANNEL near to $0.04548 with $0.04628 as upper border and $0.04472 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

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.04628 Edge price dividing trends based on 24 hours movements
0.04472 Minimum price support level in case of RAISE trend based on 24 hours movements
0.04628 Channel maximum price resist level based in case of FALL trend on 24 hours movements
0.04472 Channel minimum price resist level based in case of FALL trend 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 $0.04576

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
0.04576 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 $0.042049997

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
0.042049997 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.93119 details, prediction
0.915982 details, prediction
0.9151765 details, prediction
0.85517734 details, prediction
0.8178359 details, prediction
Second tier
0.9736671 details, prediction
0.9681047 details, prediction
0.96574134 details, prediction
0.96483254 details, prediction
0.962737 details, prediction
Third tier
0.9764604 details, prediction
0.975727 details, prediction
0.97327596 details, prediction
0.9726696 details, prediction
0.9720201 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
0.3284141 details, prediction
0.49529943 details, prediction
0.49851486 details, prediction
0.5491814 details, prediction
0.63730276 details, prediction
Second tier
-0.43918762 details, prediction
-0.17106722 details, prediction
-0.14593075 details, prediction
0.049691536 details, prediction
0.07286922 details, prediction
Third tier
-0.528628 details, prediction
-0.4972203 details, prediction
-0.48997226 details, prediction
-0.45508638 details, prediction
-0.44778576 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)