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 $0.17400001 with $0.17680001 as upper border and $0.17150001 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
0.17680001 Channel maximum price resist level based on 24 hours movements
0.17150001 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 $0.17140001 with $0.1772 as upper border and $0.1629 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
$0.17951184511184692 Weight: 5.897 31 Dec 2020
$0.14196117222309113 Weight: 7.805 05 Nov 2017

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.1772 Channel maximum price resist level based on 7 days movements
0.1629 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 $0.1725 with $0.1851 as upper border and $0.1407 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
$0.242391437292099 Weight: 5.472 06 Sep 2021
$0.23496438562870026 Weight: 9.876 23 Apr 2021
$0.22256286442279816 Weight: 11.952 18 Mar 2018
$0.21903087198734283 Weight: 24.457 31 Jan 2021
$0.20820072293281555 Weight: 73.13 08 Dec 2017
$0.19706620275974274 Weight: 95.248 01 Apr 2018
$0.17951184511184692 Weight: 5.897 31 Dec 2020
$0.14196117222309113 Weight: 7.805 05 Nov 2017

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.1851 Channel maximum price resist level based on 30 days movements
0.1407 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9423023 details, prediction
0.940183 details, prediction
0.9376755 details, prediction
0.92922795 details, prediction
0.9283657 details, prediction
Second tier
0.9425936 details, prediction
0.94009024 details, prediction
0.93922585 details, prediction
0.9324608 details, prediction
0.93014747 details, prediction
Third tier
0.9428568 details, prediction
0.9350116 details, prediction
0.9293691 details, prediction
0.91957045 details, prediction
0.91042936 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
-0.03067742 details, prediction
-0.0105311 details, prediction
-0.006548637 details, prediction
0.043612994 details, prediction
0.088320956 details, prediction
Second tier
-0.024994286 details, prediction
0.0015804529 details, prediction
0.01709947 details, prediction
0.017622462 details, prediction
0.018884545 details, prediction
Third tier
-0.6952759 details, prediction
-0.5850633 details, prediction
-0.46964177 details, prediction
-0.46522817 details, prediction
-0.45776838 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)