Popsicle Finance USD Cryptocurrency Forecast

Popsicle Finance USD cryptocurrency price up 2.81% on Friday
(Updated on May 17, 2024)

ICEUSD Signals & Forecast

The Popsicle Finance 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 $0.0047 and $0.0042. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Popsicle Finance 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. A sell signal was issued from a pivot top point on Monday, February 19, 2024, and so far it has fallen -98.98%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Popsicle Finance USD cryptocurrency

Popsicle Finance USD finds support from accumulated volume at $0.0049 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 $0.0003 between high and low, or 6.57%. For the last week, the cryptocurrency has had daily average volatility of 28.04%.

Our recommended stop-loss: $0.0048 (-5.58%) (This cryptocurrency has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 88 days ago.)

Trading Expectations (ICEUSD) For The Upcoming Trading Day Of Saturday 18th

For the upcoming trading day on Saturday, 18th we expect Popsicle Finance USD to open at $0.0051, and during the day (based on 14 day Average True Range), to move between -$0.0144 and $0.0245, which gives a possible trading interval of +/-$0.0194 (+/-382.12%) up or down from last closing price. If Popsicle Finance USD takes out the full calculated possible swing range there will be an estimated 764.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0049 (3.03%) than the resistance at $0.0054 (6.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Popsicle Finance USD cryptocurrency A Buy?

Popsicle Finance 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 Popsicle Finance USD of Saturday, May 18, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.