Komodo 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

Komodo price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of KMD will be traded in CHANNEL near to $0.7744 with $0.79919994 as upper border and $0.75439996 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
0.79919994 Channel maximum price resist level based on 24 hours movements
0.75439996 Channel minimum price resist level based on 24 hours movements

Komodo price levels prediction for next 7 days

Next 7 days brief prediction

Price of KMD will be traded in CHANNEL near to $0.85400003 with $0.97800004 as upper border and $0.73800004 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
$0.8902348875999451 Weight: 20.949 14 Aug 2018

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.97800004 Channel maximum price resist level based on 7 days movements
0.73800004 Channel minimum price resist level based on 7 days movements

Komodo price levels prediction for next 30 days

Next 30 days brief prediction

Price of KMD is now on EDGE at $0.738. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.99899995 with $1.064 as upper border and $0.738 as bottom. If price will go down, it will FALL with support level $0.738

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
$1.7613680362701416 Weight: 7.257 09 Jun 2019
$1.7135368585586548 Weight: 11.807 07 Jun 2018
$1.651407241821289 Weight: 5.896 04 Sep 2018
$1.2811986207962036 Weight: 7.547 29 Jun 2018
$0.8902348875999451 Weight: 20.949 14 Aug 2018
$0.578400194644928 Weight: 6.107 07 Feb 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.738 Edge price dividing trends based on 30 days movements
1.064 Channel maximum price resist level based in case of RAISE trend on 30 days movements
0.738 Channel minimum price resist level based in case of RAISE trend on 30 days movements
0.738 Minimum price support level in case of FALL trend based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.90563834 details, prediction
0.90001065 details, prediction
0.8655304 details, prediction
0.85839933 details, prediction
0.85623544 details, prediction
Second tier
0.93196416 details, prediction
0.9309877 details, prediction
0.92174214 details, prediction
0.90026295 details, prediction
0.881743 details, prediction
Third tier
0.94978684 details, prediction
0.9244279 details, prediction
0.9136733 details, prediction
0.9069095 details, prediction
0.9055231 details, prediction


This report should be leaned to get most info about heading trends. It means that Komodo 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 Komodo
Low correlated currencies
Coin Correlation Links
First tier
-0.64927936 details, prediction
0.20699479 details, prediction
0.49970376 details, prediction
0.68913263 details, prediction
0.72751087 details, prediction
Second tier
-0.6534383 details, prediction
-0.011962963 details, prediction
0.24426615 details, prediction
0.30969816 details, prediction
0.35480878 details, prediction
Third tier
-0.8963031 details, prediction
-0.74673706 details, prediction
-0.6365188 details, prediction
-0.631415 details, prediction
-0.6021674 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)