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 $0.0408 with $0.04172 as upper border and $0.03964 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 |
|---|---|
| 0.04172 | Channel maximum price resist level based on 24 hours movements |
| 0.03964 | 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 $0.0412 with $0.041759998 as upper border and $0.039559998 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 |
|---|
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.041759998 | Channel maximum price resist level based on 7 days movements |
| 0.039559998 | 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 $0.045050003 with $0.052050002 as upper border and $0.03965 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 |
|---|
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.052050002 | Channel maximum price resist level based on 30 days movements |
| 0.03965 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
NEO
NEO
|
0.8900887 | details, prediction |
IOTA
IOT
|
0.87569636 | details, prediction |
Vechain
VET
|
0.8736784 | details, prediction |
FTX Token
FTT
|
0.8715646 | details, prediction |
Crypto.com Chain
CRO
|
0.863469 | details, prediction |
| Second tier | ||
Dent
DENT
|
0.9118815 | details, prediction |
Fantom
FTM
|
0.9060936 | details, prediction |
Siacoin
SC
|
0.8910618 | details, prediction |
DigiByte
DGB
|
0.8855042 | details, prediction |
FunFair
FUN
|
0.8816818 | details, prediction |
| Third tier | ||
BitKan
KAN
|
0.9113876 | details, prediction |
Ripio
RCN
|
0.8687056 | details, prediction |
Wanchain
WAN
|
0.85772634 | details, prediction |
Nimiq
NET
|
0.8461845 | details, prediction |
FedoraCoin
TIPS
|
0.84504867 | 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 | ||
UNUS SED LEO
LEO
|
-0.30295265 | details, prediction |
Huobi Token
HT
|
-0.04682182 | details, prediction |
Chiliz
CHZ
|
0.15139991 | details, prediction |
Cosmos
ATOM
|
0.24812096 | details, prediction |
EOS
EOS
|
0.34328553 | details, prediction |
| Second tier | ||
Propy
PRO
|
-0.5053699 | details, prediction |
USD//Coin
USDC
|
-0.176563 | details, prediction |
True USD
TUSD
|
-0.13813454 | details, prediction |
Dai
DAI
|
-0.13388191 | details, prediction |
SONM
SNM
|
-0.08155346 | details, prediction |
| Third tier | ||
Tierion
TNT
|
-0.70061815 | details, prediction |
CoinDash
CDT
|
-0.6874768 | details, prediction |
PutinCoin
PUTIN
|
-0.6611429 | details, prediction |
MobileGo
MGO
|
-0.63799554 | details, prediction |
DimeCoin
DIME
|
-0.5817154 | 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)