AIOZ Network USD / US Dollar Cryptocurrency Forecast

AIOZ Network USD / US Dollar cryptocurrency price took a fall of -6.49% on Monday
(Updated on Apr 29, 2024)

AIOZUSD Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The AIOZ Network USD / US Dollar cryptocurrency holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.672 and $0.756. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 25, 2024, and so far it has fallen -38.76%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The cryptocurrency had a Golden Star Signal on Thursday, February 08, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the cryptocurrency in question.

Support, Risk & Stop-loss for AIOZ Network USD / US Dollar cryptocurrency

AIOZ Network USD / US Dollar finds support from accumulated volume at $0.620 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This cryptocurrency may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this cryptocurrency is considered to be "high risk". During the last day, the cryptocurrency moved $0.0412 between high and low, or 6.77%. For the last week, the cryptocurrency has had daily average volatility of 8.60%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (AIOZUSD) For The Upcoming Trading Day Of Tuesday 30th

For the upcoming trading day on Tuesday, 30th we expect AIOZ Network USD / US Dollar to open at $0.631, and during the day (based on 14 day Average True Range), to move between $0.554 and $0.713, which gives a possible trading interval of +/-$0.0794 (+/-12.54%) up or down from last closing price. If AIOZ Network USD / US Dollar takes out the full calculated possible swing range there will be an estimated 25.08% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.620 (2.13%) than the resistance at $0.705 (11.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is AIOZ Network USD / US Dollar cryptocurrency A Buy?

The AIOZ Network USD / US Dollar cryptocurrency holds several negative signals and despite the positive trend, we believe AIOZ Network USD / US Dollar will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this cryptocurrency.

Current score: -3.399 Sell Candidate Unchanged

Predicted Opening Price for AIOZ Network USD / US Dollar of Tuesday, April 30, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.