DogPad Finance USD Cryptocurrency Forecast
Green day on Thursday for DogPad Finance USD
(Updated on May 02, 2024)
The DogPad Finance USD cryptocurrency price gained 4.27% on the last trading day (Thursday, 2nd May 2024), rising from $0.00000014 to $0.00000015. During the last trading day the cryptocurrency fluctuated 3.29% from a day low at $0.00000014 to a day high of $0.00000015. The price has been going up and down for this period, and there has been a -85.13% loss for the last 2 weeks. Volume fell on the last day by -246 shares and in total, 47 shares were bought and sold for approximately $0.00000699 . 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 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 $0.00000014 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the cryptocurrency is expected to fall -8.39% during the next 3 months and, with a 90% probability hold a price between $0.00000013 and $0.00000091 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
DOGPADUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 4.27%. 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. The DogPad Finance 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 $0.00000039 and $0.00000034. A break-up above any of these levels will issue buy signals. 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 DogPad Finance USD cryptocurrency
DogPad Finance USD finds support from accumulated volume at $0.00000015 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 $0.00000000 between high and low, or 3.29%. For the last week the cryptocurrency has had daily average volatility of 19.84%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DOGPADUSD) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect DogPad Finance USD to open at $0.00000015, and during the day (based on 14 day Average True Range), to move between $0.00000006 and $0.00000024, which gives a possible trading interval of +/-$0.00000009 (+/-58.12%) up or down from last closing price. If DogPad Finance USD takes out the full calculated possible swing range there will be an estimated 116.23% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.00000015 (1.63%) than the resistance at $0.00000016 (6.44%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is DogPad Finance USD cryptocurrency A Buy?
DogPad Finance 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.
Current score: -6.498 Strong Sell Candidate Unchanged
Predicted Opening Price for DogPad Finance USD of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| $0.00000015 ( 1.06%) | $0.00000015 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DOGPADUSD
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.00000015 | 2.12 % | |
| R2 | 0.00000015 | 0.91 % | ||
| R1 | 0.00000015 | 0.155 % | ||
| Current price: | 0.00000015 | |||
| Support | S1 | 0.00000015 | -2.28 % | |
| S2 | 0.00000014 | -3.03 % | ||
| S3 | 0.00000014 | -4.25 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.00000017 | 15.93 % | |
| R2 | 0.00000016 | 9.99 % | ||
| R1 | 0.00000016 | 6.44 % | ||
| Current price | 0.00000015 | |||
| Support | S1 | 0.00000015 | -1.63% | |
| S2 | 0.00000014 | -4.10% | ||
| S3 | 0 | . |
FAQ
Click here for our free guide on how to buy DogPad Finance USD Cryptocurrency.
