SONM 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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SONM price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of SNM will be traded in CHANNEL near to $0.04948 with $0.052119996 as upper border and $0.047439996 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
$0.05100575089454651 Weight: 5.379 13 May 2022

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.052119996 Channel maximum price resist level based on 24 hours movements
0.047439996 Channel minimum price resist level based on 24 hours movements

SONM price levels prediction for next 7 days

Next 7 days brief prediction

Price of SNM will be traded in CHANNEL near to $0.04624 with $0.051599998 as upper border and $0.0404 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
$0.06601272523403168 Weight: 11.36 21 Nov 2017
$0.061523836106061935 Weight: 20.935 04 Jun 2021
$0.059811919927597046 Weight: 18.98 02 Jun 2021
$0.05100575089454651 Weight: 5.379 13 May 2022
$0.03486238420009613 Weight: 57.303 01 Jun 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.051599998 Channel maximum price resist level based on 7 days movements
0.0404 Channel minimum price resist level based on 7 days movements

SONM price levels prediction for next 30 days

Next 30 days brief prediction

Price of SNM will be traded in CHANNEL near to $0.06640001 with $0.1074 as upper border and $0.035000004 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
$0.13295264542102814 Weight: 22.083 06 Feb 2018
$0.1273978054523468 Weight: 17.9 22 Jun 2021
$0.11677781492471695 Weight: 19.147 22 Feb 2022
$0.10661455988883972 Weight: 51.988 11 Dec 2017
$0.09484846889972687 Weight: 69.994 18 Mar 2018
$0.06601272523403168 Weight: 11.36 21 Nov 2017
$0.061523836106061935 Weight: 20.935 04 Jun 2021
$0.059811919927597046 Weight: 18.98 02 Jun 2021
$0.03486238420009613 Weight: 57.303 01 Jun 2021
$0.026839785277843475 Weight: 28.735 18 Jun 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.1074 Channel maximum price resist level based on 30 days movements
0.035000004 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9571952 details, prediction
0.9557935 details, prediction
0.95414907 details, prediction
0.9524315 details, prediction
0.9477367 details, prediction
Second tier
0.9686871 details, prediction
0.9599238 details, prediction
0.9528743 details, prediction
0.9514183 details, prediction
0.9491837 details, prediction
Third tier
0.9780913 details, prediction
0.9752999 details, prediction
0.97512275 details, prediction
0.9723171 details, prediction
0.9719859 details, prediction


This report should be leaned to get most info about heading trends. It means that SONM 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 SONM
Low correlated currencies
Coin Correlation Links
First tier
-0.42150146 details, prediction
0.7610699 details, prediction
0.82629573 details, prediction
0.828856 details, prediction
0.8677782 details, prediction
Second tier
-0.52989095 details, prediction
-0.4999712 details, prediction
-0.45508587 details, prediction
-0.40904596 details, prediction
-0.25253826 details, prediction
Third tier
-0.8157362 details, prediction
-0.7696885 details, prediction
-0.6877474 details, prediction
-0.6115904 details, prediction
-0.5831494 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)