LiquidApps / US Dollar Cryptocurrency Forecast
Stronger technical forecast for LiquidApps / US Dollar cryptocurrency price after Saturday trading.
(Updated on May 18, 2024)
No changes to the price of LiquidApps / US Dollar cryptocurrency on the last trading day (Saturday, 18th May 2024). During the last trading day the cryptocurrency fluctuated 1.41% from a day low at $0.000071 to a day high of $0.000072. The price has risen in 5 of the last 10 days and is up by 5.97% over the past 2 weeks.
The cryptocurrency 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 cryptocurrency is expected to fall -27.48% during the next 3 months and, with a 90% probability hold a price between $0.00004109 and $0.00006001 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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DAPPUSD Signals & Forecast
The LiquidApps / US Dollar cryptocurrency holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the cryptocurrency has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $0.00006871 and $0.00006903. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 12.70%. Further rise is indicated until a new top pivot has been found. 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. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for LiquidApps / US Dollar cryptocurrency
LiquidApps / US Dollar finds support from accumulated volume at $0.000069 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This cryptocurrency has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the cryptocurrency moved $0.000001 between high and low, or 1.41%. For the last week the cryptocurrency has had daily average volatility of 2.99%.
Our recommended stop-loss: $0.00006720 (-5.35%) (This cryptocurrency has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 18 days ago.)
Trading Expectations (DAPPUSD) For The Upcoming Trading Day Of Sunday 19th
For the upcoming trading day on Sunday, 19th we expect LiquidApps / US Dollar to open at $0.00007133, and during the day (based on 14 day Average True Range), to move between $0.00006838 and $0.00007362, which gives a possible trading interval of +/-$0.00000262 (+/-3.70%) up or down from last closing price. If LiquidApps / US Dollar takes out the full calculated possible swing range there will be an estimated 7.39% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.000072 (1.41%) than the support at $0.000069 (2.82%), 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 LiquidApps / US Dollar cryptocurrency A Buy?
Several short-term signals are positive, despite the cryptocurrency being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for cryptocurrency to perform well in the short-term. We have upgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.614 Buy Candidate Upgraded
Predicted Opening Price for LiquidApps / US Dollar of Sunday, May 19, 2024
| Fair opening price May 19, 2024 | Current price |
|---|---|
| $0.00007133 ( 0.469%) | $0.000071 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DAPPUSD
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.00007233 | 1.88 % | |
| R2 | 0.00007195 | 1.34 % | ||
| R1 | 0.00007172 | 1.01 % | ||
| Current price: | 0.000071 | |||
| Support | S1 | 0.00007095 | -0.0685 % | |
| S2 | 0.00007072 | -0.401 % | ||
| S3 | 0.00007033 | -0.94 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.000079 | 11.27 % | |
| R2 | 0.000078 | 9.86 % | ||
| R1 | 0.000072 | 1.41 % | ||
| Current price | 0.000071 | |||
| Support | S1 | 0.000069 | -2.82% | |
| S2 | 0.000068 | -4.23% | ||
| S3 | 0.000067 | -5.63% |
FAQ
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