ALIF COIN USD Cryptocurrency Forecast
ALIF COIN USD cryptocurrency price up 0.149% on Thursday
(Updated on May 02, 2024)
The ALIF COIN USD cryptocurrency price gained 0.149% on the last trading day (Thursday, 2nd May 2024), rising from $0.128 to $0.128. During the last trading day the cryptocurrency fluctuated 0.266% from a day low at $0.128 to a day high of $0.128. The price has been going up and down for this period, and there has been a -84.39% loss for the last 2 weeks.
The cryptocurrency lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.124 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 2.02% during the next 3 months and, with a 90% probability hold a price between $0.127 and $0.84 at the end of this 3-month period.
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ALIFUSD 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 ALIF COIN USD cryptocurrency holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.512 and $0.312. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 23, 2024, and so far it has fallen -84.40%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for ALIF COIN USD cryptocurrency
ALIF COIN USD finds support from accumulated volume at $0.128 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 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 $0.0003 between high and low, or 0.266%. For the last week the cryptocurrency has had daily average volatility of 105.45%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ALIFUSD) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect ALIF COIN USD to open at $0.128, and during the day (based on 14 day Average True Range), to move between -$0.0005 and $0.257, which gives a possible trading interval of +/-$0.129 (+/-100.41%) up or down from last closing price. If ALIF COIN USD takes out the full calculated possible swing range there will be an estimated 200.82% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.128 (0.12%) than the resistance at $0.132 (3.29%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is ALIF COIN USD cryptocurrency A Buy?
The ALIF COIN USD cryptocurrency holds several negative signals and despite the positive trend, we believe ALIF COIN USD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this cryptocurrency.
Current score: -4.065 Sell Candidate Unchanged
Predicted Opening Price for ALIF COIN USD of Friday, May 3, 2024
Fair opening price May 3, 2024 | Current price |
---|---|
$0.128 ( 0.0156%) | $0.128 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ALIFUSD
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.128 | 0.250 % | |
R2 | 0.128 | 0.149 % | ||
R1 | 0.128 | 0.0858 % | ||
Current price: | 0.128 | |||
Support | S1 | 0.128 | -0.117 % | |
S2 | 0.128 | -0.180 % | ||
S3 | 0.128 | -0.281 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.132 | 3.36 % | |
R2 | 0.132 | 3.31 % | ||
R1 | 0.132 | 3.29 % | ||
Current price | 0.128 | |||
Support | S1 | 0.128 | -0.125% | |
S2 | 0.128 | -0.148% | ||
S3 | 0.122 | -4.48% |
FAQ
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