Dai 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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Dai price levels prediction for next 30 days

Next 30 days brief prediction

Price of DAI has broken last trend and will FALL from the support level $0.99390006

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
$1.0340204238891602 Weight: 18.064 12 Mar 2020
$1.0238603353500366 Weight: 18.434 21 Oct 2022
$1.0130043029785156 Weight: 17.794 13 Mar 2020
$1.003241777420044 Weight: 18.632 23 Oct 2022
$1.0008482933044434 Weight: 23.174 11 Jan 2019
$0.99761563539505 Weight: 99.647 05 Nov 2018
$0.9857768416404724 Weight: 19.041 23 Oct 2022
$0.9736368060112 Weight: 19.182 16 Oct 2022
$0.9649359583854675 Weight: 19.124 16 Oct 2022
$0.827118992805481 Weight: 28.78 11 Jan 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.99390006 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.57037354 details, prediction
0.14042515 details, prediction
0.10414231 details, prediction
0.028507037 details, prediction
0.027913528 details, prediction
Second tier
0.84115744 details, prediction
0.74430525 details, prediction
0.25910634 details, prediction
0.03934561 details, prediction
0.037262764 details, prediction
Third tier
0.605205 details, prediction
0.5791846 details, prediction
0.41855443 details, prediction
0.2768861 details, prediction
0.26826856 details, prediction


This report should be leaned to get most info about heading trends. It means that Dai 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 Dai
Low correlated currencies
Coin Correlation Links
First tier
-0.57660586 details, prediction
-0.48421544 details, prediction
-0.40459588 details, prediction
-0.29831156 details, prediction
-0.17900229 details, prediction
Second tier
-0.62935483 details, prediction
-0.61024463 details, prediction
-0.5997138 details, prediction
-0.58623177 details, prediction
-0.55659163 details, prediction
Third tier
-0.8754233 details, prediction
-0.7029717 details, prediction
-0.699376 details, prediction
-0.6869911 details, prediction
-0.6483535 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)