FILIPCOIN USD Cryptocurrency Forecast
Red day on Tuesday for FILIPCOIN USD cryptocurrency after losing 1.49%
(Updated on Jul 02, 2024)
The FILIPCOIN USD cryptocurrency price fell by -1.49% on the last day (Tuesday, 2nd Jul 2024) from $0.000067 to $0.000066. During the last trading day the cryptocurrency fluctuated 1.52% from a day low at $0.000066 to a day high of $0.000067. The price has been going up and down for this period, and there has been a -1.49% loss for the last 2 weeks.
The cryptocurrency lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.00006429 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 4.26% during the next 3 months and, with a 90% probability hold a price between $0.00006703 and $0.00008440 at the end of this 3-month period.
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FCPUSD Signals & Forecast
There are mixed signals in the cryptocurrency today. The FILIPCOIN 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 $0.000066 and $0.00006983. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this cryptocurrency may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Monday, June 24, 2024, and so far it has risen 3.13%. 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).
Support, Risk & Stop-loss for FILIPCOIN USD cryptocurrency
FILIPCOIN USD finds support from accumulated volume at $0.000065 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 1.52%. For the last week the cryptocurrency has had daily average volatility of 2.14%.
Our recommended stop-loss: $0.00006223 (-5.70%) (This cryptocurrency has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 26 days ago.)
Trading Expectations (FCPUSD) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect FILIPCOIN USD to open at $0.00006633, and during the day (based on 14 day Average True Range), to move between $0.00006291 and $0.00006909, which gives a possible trading interval of +/-$0.00000309 (+/-4.67%) up or down from last closing price. If FILIPCOIN USD takes out the full calculated possible swing range there will be an estimated 9.35% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.000065 (1.52%) than the resistance at $0.000068 (3.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is FILIPCOIN USD cryptocurrency A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for FILIPCOIN USD cryptocurrency to perform well in the short-term.
Current score: 2.066 Buy Candidate Unchanged
Predicted Opening Price for FILIPCOIN USD of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $0.00006633 ( 0.505%) | $0.000066 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FCPUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00006733 | 2.02% |
| R2 | 0.00006695 | 1.44% |
| R1 | 0.00006672 | 1.08% |
| Price | 0.000066 | |
| S1 | 0.00006595 | -0.0737% |
| S2 | 0.00006572 | -0.431% |
| S3 | 0.00006533 | -1.01% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00006825 | 3.40% |
| R2 | 0.00006808 | 3.15% |
| R1 | 0.000068 | 3.03% |
| Price | 0.000066 | |
| S1 | 0.000065 | -1.52% |
| S2 | 0.000064 | -3.03% |
| S3 | 0.000063 | -4.55% |
FAQ
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