Steem 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

Read more detailed info about this tool

Steem price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of STEEM will be traded in CHANNEL near to $0.05445 with $0.0555 as upper border and $0.05245 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
$0.05389856547117233 Weight: 98.58 14 Jan 2021

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.0555 Channel maximum price resist level based on 24 hours movements
0.05245 Channel minimum price resist level based on 24 hours movements

Steem price levels prediction for next 7 days

Next 7 days brief prediction

Price of STEEM will be traded in CHANNEL near to $0.055999998 with $0.05845 as upper border and $0.052849997 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
$0.06296635419130325 Weight: 5.653 14 Jan 2021
$0.05389856547117233 Weight: 98.58 14 Jan 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.05845 Channel maximum price resist level based on 7 days movements
0.052849997 Channel minimum price resist level based on 7 days movements

Steem price levels prediction for next 30 days

Next 30 days brief prediction

Price of STEEM is now on EDGE at $0.05354. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.058299996 with $0.06271 as upper border and $0.05354 as bottom. If price will go down, it will FALL with support level $0.05354

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
$0.06296635419130325 Weight: 5.653 14 Jan 2021
$0.05389856547117233 Weight: 98.58 14 Jan 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.05354 Edge price dividing trends based on 30 days movements
0.06271 Channel maximum price resist level based in case of RAISE trend on 30 days movements
0.05354 Channel minimum price resist level based in case of RAISE trend on 30 days movements
0.05354 Minimum price support level in case of FALL trend based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.51598513 details, prediction
0.36685297 details, prediction
0.33536473 details, prediction
0.32309294 details, prediction
0.28236622 details, prediction
Second tier
0.60012937 details, prediction
0.5963023 details, prediction
0.49381658 details, prediction
0.3798053 details, prediction
0.35528818 details, prediction
Third tier
0.6891405 details, prediction
0.62005085 details, prediction
0.5579055 details, prediction
0.47394946 details, prediction
0.4062375 details, prediction


This report should be leaned to get most info about heading trends. It means that Steem 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 Steem
Low correlated currencies
Coin Correlation Links
First tier
-0.49970183 details, prediction
-0.2569646 details, prediction
-0.18319514 details, prediction
-0.101944305 details, prediction
-0.06836081 details, prediction
Second tier
-0.5275655 details, prediction
-0.50729996 details, prediction
-0.4705775 details, prediction
-0.4656348 details, prediction
-0.43713206 details, prediction
Third tier
-0.71365315 details, prediction
-0.6008891 details, prediction
-0.5568223 details, prediction
-0.5346475 details, prediction
-0.5265273 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)