RealFevr USD Cryptocurrency Forecast
Red day on Saturday for RealFevr USD
(Updated on May 25, 2024)
The RealFevr USD cryptocurrency price fell by -0.98% on the last day (Saturday, 25th May 2024) from $0.0002 to $0.0002. During the last trading day the cryptocurrency fluctuated 2.97% from a day low at $0.0002 to a day high of $0.0002. The price has risen in 4 of the last 10 days and is up by 14.04% over the past 2 weeks. Volume has increased on the last day by 204 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, 204 thousand shares were bought and sold for approximately $41.36 .
The cryptocurrency lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $0.0002 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the cryptocurrency is expected to fall -50.36% during the next 3 months and, with a 90% probability hold a price between $0.00007540 and $0.0001 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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FEVRUSD Signals & Forecast
The RealFevr USD cryptocurrency holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.0002 and $0.0002. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Saturday, May 18, 2024, and so far it has risen 20.12%. 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. RealFevr 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 RealFevr USD cryptocurrency
RealFevr USD finds support from accumulated volume at $0.0002 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 and with good trading volume, the risk is considered to be medium. During the last day, the cryptocurrency moved $0.000006 between high and low, or 2.97%. For the last week, the cryptocurrency has had daily average volatility of 5.17%.
Our recommended stop-loss: $0.0002 (-4.30%) (This cryptocurrency has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 19 days ago.)
Trading Expectations (FEVRUSD) For The Upcoming Trading Day Of Sunday 26th
For the upcoming trading day on Sunday, 26th we expect RealFevr USD to open at $0.0002, and during the day (based on 14 day Average True Range), to move between $0.0002 and $0.0002, which gives a possible trading interval of +/-$0.00000879 (+/-4.33%) up or down from last closing price. If RealFevr USD takes out the full calculated possible swing range there will be an estimated 8.66% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.0002 (0.99%) than the support at $0.0002 (3.94%), 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 RealFevr USD cryptocurrency A Buy?
RealFevr USD holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for RealFevr USD of Sunday, May 26, 2024
| Fair opening price May 26, 2024 | Current price |
|---|---|
| $0.0002 ( 0.657%) | $0.0002 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FEVRUSD
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0002 | 3.61 % | |
| R2 | 0.0002 | 2.48 % | ||
| R1 | 0.0002 | 1.79 % | ||
| Current price: | 0.0002 | |||
| Support | S1 | 0.0002 | -0.472 % | |
| S2 | 0.0002 | -1.17 % | ||
| S3 | 0.0002 | -2.30 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0002 | 7.39 % | |
| R2 | 0.0002 | 5.42 % | ||
| R1 | 0.0002 | 0.99 % | ||
| Current price | 0.0002 | |||
| Support | S1 | 0.0002 | -3.94% | |
| S2 | 0.0002 | -4.93% | ||
| S3 | 0.0002 | -9.36% |
FAQ
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