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 30 days

Next 30 days brief prediction

Price of XEM will be traded in CHANNEL near to $0.04632 with $0.04614 as upper border and $0.042719997 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
0.04614 Channel maximum price resist level based on 30 days movements
0.042719997 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.72411174 details, prediction
0.5397438 details, prediction
0.50279355 details, prediction
0.37430868 details, prediction
0.35230675 details, prediction
Second tier
0.94129896 details, prediction
0.8866114 details, prediction
0.8188927 details, prediction
0.8171209 details, prediction
0.7827924 details, prediction
Third tier
0.96001273 details, prediction
0.9327321 details, prediction
0.90500855 details, prediction
0.90343577 details, prediction
0.90108806 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
-0.88787425 details, prediction
-0.35422838 details, prediction
-0.31980598 details, prediction
-0.18986568 details, prediction
-0.17391865 details, prediction
Second tier
-0.7914795 details, prediction
-0.761692 details, prediction
-0.6927691 details, prediction
-0.678898 details, prediction
-0.37578663 details, prediction
Third tier
-0.81020427 details, prediction
-0.7671173 details, prediction
-0.75820345 details, prediction
-0.74717194 details, prediction
-0.7357517 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)