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 $0.0456. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.04596 with $0.046240002 as upper border and $0.0456 as bottom. If price will go down, it will FALL with support level $0.0456

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
0.0456 Edge price dividing trends based on 24 hours movements
0.046240002 Channel maximum price resist level based in case of RAISE trend on 24 hours movements
0.0456 Channel minimum price resist level based in case of RAISE trend on 24 hours movements
0.0456 Minimum price support level in case of FALL trend 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 $0.04575 with $0.04695 as upper border and $0.0425 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
0.04695 Channel maximum price resist level based on 7 days movements
0.0425 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 $0.04817 with $0.056080002 as upper border and $0.042710003 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
$0.09623539447784424 Weight: 14.16 14 Aug 2018

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.056080002 Channel maximum price resist level based on 30 days movements
0.042710003 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.98444146 details, prediction
0.9633934 details, prediction
0.9515928 details, prediction
0.94013304 details, prediction
0.9344305 details, prediction
Second tier
0.98532534 details, prediction
0.98355234 details, prediction
0.97566915 details, prediction
0.9735268 details, prediction
0.9676725 details, prediction
Third tier
0.97998565 details, prediction
0.97405213 details, prediction
0.97288615 details, prediction
0.97109604 details, prediction
0.97002107 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
-0.6392885 details, prediction
0.5815214 details, prediction
0.60702 details, prediction
0.85863733 details, prediction
0.8665464 details, prediction
Second tier
-0.4154085 details, prediction
-0.30399895 details, prediction
0.51200396 details, prediction
0.5730178 details, prediction
0.8367673 details, prediction
Third tier
-0.46956158 details, prediction
-0.45562148 details, prediction
-0.36550272 details, prediction
-0.2695497 details, prediction
-0.14453489 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)