GAIA Everworld USD Cryptocurrency Forecast
GAIA Everworld USD cryptocurrency upgraded to Sell Candidate.
(Updated on Jun 20, 2024)
The GAIA Everworld USD cryptocurrency price gained 0.414% on the last trading day (Thursday, 20th Jun 2024), rising from $0.0043 to $0.0044. During the last trading day the cryptocurrency fluctuated 0.784% from a day low at $0.0043 to a day high of $0.0044. The price has fallen in 6 of the last 10 days and is down by -7.28% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 477 more shares were traded than the day before. In total, 43 thousand shares were bought and sold for approximately $186.94 .
The cryptocurrency lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the cryptocurrency is expected to fall -42.03% during the next 3 months and, with a 90% probability hold a price between $0.0021 and $0.0035 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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GAIAUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 19, 2024, and so far it has risen 0.414%. Further rise is indicated until a new top pivot has been found. GAIA Everworld USD has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The GAIA Everworld 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 $0.0045 and $0.0051. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for GAIA Everworld USD cryptocurrency
GAIA Everworld USD finds support from accumulated volume at $0.0044 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 $0.000034 between high and low, or 0.784%. For the last week, the cryptocurrency has had daily average volatility of 2.52%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (GAIAUSD) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect GAIA Everworld USD to open at $0.0044, and during the day (based on 14 day Average True Range), to move between $0.0042 and $0.0046, which gives a possible trading interval of +/-$0.0002 (+/-4.33%) up or down from last closing price. If GAIA Everworld USD takes out the full calculated possible swing range there will be an estimated 8.65% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0044 (0.16%) than the resistance at $0.0048 (8.98%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is GAIA Everworld USD cryptocurrency A Buy?
GAIA Everworld 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. We have upgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -3.978 Sell Candidate Upgraded
Predicted Opening Price for GAIA Everworld USD of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| $0.0044 ( 0.229%) | $0.0044 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GAIAUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0044 | 0.550% |
| R2 | 0.0044 | 0.252% |
| R1 | 0.0044 | 0.0684% |
| Price | 0.0044 | |
| S1 | 0.0043 | -0.526% |
| S2 | 0.0043 | -0.710% |
| S3 | 0.0043 | -1.01% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0054 | 24.02% |
| R2 | 0.0050 | 14.31% |
| R1 | 0.0048 | 8.98% |
| Price | 0.0044 | |
| S1 | 0.0044 | -0.160% |
| S2 | 0.0043 | -0.412% |
| S3 | 0 | - |
FAQ
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