Aircoins USD Cryptocurrency Forecast
Big movements in Aircoins USD cryptocurrency price on Wednesday moving 23.08% between high and low
(Updated on May 01, 2024)
The Aircoins USD cryptocurrency price fell by -12.50% on the last day (Wednesday, 1st May 2024) from $0.000016 to $0.000014. During the last trading day the cryptocurrency fluctuated 23.08% from a day low at $0.000013 to a day high of $0.000016. The price has been going up and down for this period, and there has been a -12.5% loss for the last 2 weeks.
The cryptocurrency lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.00001138 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the cryptocurrency is expected to rise 28.71% during the next 3 months and, with a 90% probability hold a price between $0.00001464 and $0.00003788 at the end of this 3-month period.
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AIRXUSD Signals & Forecast
There are few to no technical positive signals at the moment. The Aircoins USD 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 $0.00001414 and $0.00001503. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 12, 2024, and so far it has fallen -50.00%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this cryptocurrency may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Aircoins USD cryptocurrency
On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.000013 and $0.000012. There is a natural risk involved when a cryptocurrency is testing a support level, since if this is broken, the cryptocurrency then may fall to the next support level. In this case, Aircoins USD finds support just below today's level at $0.000013. If this is broken, then the next support from accumulated volume will be at $0.000012 and $0.000011.
This cryptocurrency may move very much during the day (volatility) and with periodic low trading volume this cryptocurrency is considered to be "very high risk". During the last day, the cryptocurrency moved $0.000003 between high and low, or 23.08%. For the last week the cryptocurrency has had daily average volatility of 25.83%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AIRXUSD) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect Aircoins USD to open at $0.00001433, and during the day (based on 14 day Average True Range), to move between $0.00001164 and $0.00001636, which gives a possible trading interval of +/-$0.00000236 (+/-16.83%) up or down from last closing price. If Aircoins USD takes out the full calculated possible swing range there will be an estimated 33.65% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.000015 (7.14%) than the support at $0.000013 (7.14%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Aircoins USD cryptocurrency A Buy?
The Aircoins USD cryptocurrency holds several negative signals and despite the positive trend, we believe Aircoins USD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this cryptocurrency. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Hold/Accumulate to a Strong Sell candidate.
Current score: -5.171 Strong Sell Candidate Downgraded
Predicted Opening Price for Aircoins USD of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| $0.00001433 ( 2.38%) | $0.000014 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AIRXUSD
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.00001733 | 23.81 % | |
| R2 | 0.00001619 | 15.62 % | ||
| R1 | 0.00001548 | 10.57 % | ||
| Current price: | 0.000014 | |||
| Support | S1 | 0.00001319 | -5.80 % | |
| S2 | 0.00001248 | -10.86 % | ||
| S3 | 0.00001133 | -19.05 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.000017 | 21.43 % | |
| R2 | 0.000016 | 14.29 % | ||
| R1 | 0.000015 | 7.14 % | ||
| Current price | 0.000014 | |||
| Support | S1 | 0.000013 | -7.14% | |
| S2 | 0.000012 | -14.29% | ||
| S3 | 0.000011 | -21.43% |
FAQ
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