Baby Doge Coin USD Stock Forecast
Green day on Tuesday for Baby Doge Coin USD
(Updated on Jun 25, 2024)
The Baby Doge Coin USD stock price gained 0.347% on the last trading day (Tuesday, 25th Jun 2024), rising from $0.00000000 to $0.00000000. During the last trading day the stock fluctuated 4.28% from a day low at $0.00000000 to a day high of $0.00000000. The price has been going up and down for this period, and there has been a -10.42% loss for the last 2 weeks. Volume fell on the last day by -1 million shares and in total, 5 million shares were bought and sold for approximately $0.0073 . You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -23.43% during the next 3 months and, with a 90% probability hold a price between $0.00000000 and $0.00000000 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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BABYDOGEUSD Signals & Forecast
There are few to no technical positive signals at the moment. The Baby Doge Coin USD stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.00000000. On a fall, the stock will find some support from the short-term average at $0.00000000. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Thursday, April 25, 2024, and so far it has fallen -33.90%. 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 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 Baby Doge Coin USD stock
Baby Doge Coin USD finds support from accumulated volume at $0.00000000 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00000000 between high and low, or 4.28%. For the last week the stock has had daily average volatility of 4.94%.
Baby Doge Coin USD is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BABYDOGEUSD) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Baby Doge Coin USD to open at $0.00000000, and during the day (based on 14 day Average True Range), to move between $0.00000000 and $0.00000000, which gives a possible trading interval of +/-$0.00000000 (+/-8.59%) up or down from last closing price. If Baby Doge Coin USD takes out the full calculated possible swing range there will be an estimated 17.17% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.00000000 (0.35%) than the resistance at $0.00000000 (15.78%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Baby Doge Coin USD stock A Buy?
Baby Doge Coin USD holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -4.619 Sell Candidate Unchanged
Predicted Opening Price for Baby Doge Coin USD of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $0.00000000 ( 0.600%) | $0.00000000 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BABYDOGEUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00000000 | 3.55% |
| R2 | 0.00000000 | 1.97% |
| R1 | 0.00000000 | 0.99% |
| Price | 0.00000000 | |
| S1 | 0.00000000 | -2.19% |
| S2 | 0.00000000 | -3.17% |
| S3 | 0.00000000 | -4.75% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00000000 | 20.07% |
| R2 | 0.00000000 | 17.85% |
| R1 | 0.00000000 | 15.78% |
| Price | 0.00000000 | |
| S1 | 0.00000000 | -0.346% |
| S2 | 0.00000000 | -1.38% |
| S3 | 0.00000000 | -2.08% |
FAQ
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