MaidSafeCoin USD Cryptocurrency Forecast
Big movements in MaidSafeCoin USD cryptocurrency price on Thursday moving 14.99% between high and low
(Updated on Jun 20, 2024)
The MaidSafeCoin USD cryptocurrency price fell by -12.94% on the last day (Thursday, 20th Jun 2024) from $0.690 to $0.600. During the last trading day the cryptocurrency fluctuated 14.99% from a day low at $0.600 to a day high of $0.690. The price has fallen in 7 of the last 10 days and is down by -26.54% for this period. Volume has increased on the last day by 84 thousand 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, 110 thousand shares were bought and sold for approximately $65.79 thousand.
The cryptocurrency lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.556 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 24.66% during the next 3 months and, with a 90% probability hold a price between $0.693 and $1.33 at the end of this 3-month period.
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EMAIDUSD Signals & Forecast
There are few to no technical positive signals at the moment. The MaidSafeCoin 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 $0.723 and $0.702. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, June 05, 2024, and so far it has fallen -41.99%. 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). MaidSafeCoin 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 MaidSafeCoin USD cryptocurrency
MaidSafeCoin USD finds support from accumulated volume at $0.588 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 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 $0.0899 between high and low, or 14.99%. For the last week, the cryptocurrency has had daily average volatility of 7.79%.
MaidSafeCoin USD is oversold on RSI14 (12). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EMAIDUSD) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect MaidSafeCoin USD to open at $0.630, and during the day (based on 14 day Average True Range), to move between $0.548 and $0.652, which gives a possible trading interval of +/-$0.0518 (+/-8.63%) up or down from last closing price. If MaidSafeCoin USD takes out the full calculated possible swing range there will be an estimated 17.27% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.588 (1.97%) than the resistance at $0.636 (6.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is MaidSafeCoin USD cryptocurrency A Buy?
The MaidSafeCoin USD cryptocurrency holds several negative signals and despite the positive trend, we believe MaidSafeCoin USD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this cryptocurrency.
Current score: -5.825 Strong Sell Candidate Unchanged
Predicted Opening Price for MaidSafeCoin USD of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| $0.630 ( 4.93%) | $0.600 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EMAIDUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.720 | 19.91% |
| R2 | 0.685 | 14.19% |
| R1 | 0.664 | 10.65% |
| Price | 0.600 | |
| S1 | 0.596 | -0.785% |
| S2 | 0.574 | -4.32% |
| S3 | 0.540 | -10.04% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.693 | 15.36% |
| R2 | 0.689 | 14.72% |
| R1 | 0.636 | 6.02% |
| Price | 0.600 | |
| S1 | 0.588 | -1.97% |
| S2 | 0.576 | -4.04% |
| S3 | 0.460 | -23.32% |
FAQ
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