Dogewhale USD Cryptocurrency Forecast
Big movements in Dogewhale USD cryptocurrency price on Tuesday moving 100.00% between high and low
(Updated on Jul 02, 2024)
The Dogewhale USD cryptocurrency price fell by -50.00% on the last day (Tuesday, 2nd Jul 2024) from $0.000002 to $0.000001. During the last trading day the cryptocurrency fluctuated 100.00% from a day low at $0.000001 to a day high of $0.000002. The price has been going up and down for this period, and there has been a -50% loss for the last 2 weeks. Volume has increased on the last day by 95 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 162 shares were bought and sold for approximately $0.0002 .
The cryptocurrency lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.00000096 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the cryptocurrency is expected to fall -50.24% during the next 3 months and, with a 90% probability hold a price between $0.00000048 and $0.00000098 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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DOGEWHALEUSD Signals & Forecast
There are few to no technical positive signals at the moment. The Dogewhale 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 $0.00000171 and $0.00000212. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, July 01, 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). Dogewhale USD gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Dogewhale USD cryptocurrency
There is no support from accumulated volume below today's level and given the right condition the cryptocurrency may perform very badly in the next couple of days.
This cryptocurrency may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this cryptocurrency is considered to be "very high risk". During the last day, the cryptocurrency moved $0.000001 between high and low, or 100.00%. For the last week, the cryptocurrency has had daily average volatility of 60.00%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DOGEWHALEUSD) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Dogewhale USD to open at $0.00000133, and during the day (based on 14 day Average True Range), to move between $0.00000072 and $0.00000128, which gives a possible trading interval of +/-$0.00000028 (+/-27.78%) up or down from last closing price. If Dogewhale USD takes out the full calculated possible swing range there will be an estimated 55.55% move between the lowest and the highest trading price during the day.
Is Dogewhale USD cryptocurrency A Buy?
Dogewhale 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 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 Sell to a Strong Sell candidate.
Current score: -5.427 Strong Sell Candidate Downgraded
Predicted Opening Price for Dogewhale USD of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $0.00000133 ( 33.33%) | $0.000001 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DOGEWHALEUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00000233 | 133.33% |
| R2 | 0.00000195 | 95.13% |
| R1 | 0.00000172 | 71.53% |
| Price | 0.000001 | |
| S1 | 0.00000095 | -4.87% |
| S2 | 0.00000072 | -28.47% |
| S3 | 0.00000033 | -66.67% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 0.000001 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
FAQ
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