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 will be traded in CHANNEL near to $0.1335 with $0.1674 as upper border and $0.1273 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
$0.14196117222309113 Weight: 7.794 05 Nov 2017

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.1674 Channel maximum price resist level based on 24 hours movements
0.1273 Channel minimum price resist level 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 $0.1694 with $0.1746 as upper border and $0.1278 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
$0.21903087198734283 Weight: 24.423 31 Jan 2021
$0.20820072293281555 Weight: 73.029 08 Dec 2017
$0.19706620275974274 Weight: 95.172 01 Apr 2018
$0.17951184511184692 Weight: 5.889 31 Dec 2020
$0.14196117222309113 Weight: 7.794 05 Nov 2017

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.1746 Channel maximum price resist level based on 7 days movements
0.1278 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 is now on EDGE at $0.15919998. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.1839 with $0.21469998 as upper border and $0.15919998 as bottom. If price will go down, it will FALL with support level $0.15919998

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
$0.242391437292099 Weight: 7.249 06 Sep 2021
$0.23496438562870026 Weight: 9.862 23 Apr 2021
$0.22256286442279816 Weight: 11.936 18 Mar 2018
$0.21903087198734283 Weight: 24.423 31 Jan 2021
$0.20820072293281555 Weight: 73.029 08 Dec 2017
$0.19706620275974274 Weight: 95.172 01 Apr 2018
$0.17951184511184692 Weight: 5.889 31 Dec 2020
$0.14196117222309113 Weight: 7.794 05 Nov 2017

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.15919998 Edge price dividing trends based on 30 days movements
0.21469998 Channel maximum price resist level based in case of RAISE trend on 30 days movements
0.15919998 Channel minimum price resist level based in case of RAISE trend on 30 days movements
0.15919998 Minimum price support level in case of FALL trend based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.90179163 details, prediction
0.89257944 details, prediction
0.88611996 details, prediction
0.8664748 details, prediction
0.8399638 details, prediction
Second tier
0.9422936 details, prediction
0.91660345 details, prediction
0.8824117 details, prediction
0.87948185 details, prediction
0.8542558 details, prediction
Third tier
0.91635185 details, prediction
0.8366967 details, prediction
0.80702525 details, prediction
0.79259413 details, prediction
0.78592855 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
-0.5044271 details, prediction
-0.34546933 details, prediction
-0.32848507 details, prediction
-0.09290579 details, prediction
-0.021238023 details, prediction
Second tier
-0.49238604 details, prediction
-0.4735906 details, prediction
-0.4355451 details, prediction
-0.4342696 details, prediction
-0.34397367 details, prediction
Third tier
-0.66698474 details, prediction
-0.6636806 details, prediction
-0.61929494 details, prediction
-0.5268372 details, prediction
-0.49627852 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)