LinkCoin Token USD Cryptocurrency Forecast
LinkCoin Token USD cryptocurrency price ended at $0.0001 on Friday, after losing 0%.
(Updated on Jun 28, 2024)
No changes to the price of LinkCoin Token USD cryptocurrency on the last trading day (Friday, 28th Jun 2024). During the last trading day the cryptocurrency fluctuated 0% from a day low at $0.0001 to a day high of $0.0001. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The cryptocurrency is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect LinkCoin Token USD cryptocurrency with a 90% probability to be traded between $0.0001 and $0.0001 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and cryptocurrencies seldom manage to go directly from the bottom of a trend up to the top. Cryptocurrencies turning up in the middle of a horizontal trend are therefore considered to be potential runners. 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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LKNUSD Signals & Forecast
There are mixed signals in the cryptocurrency today. The LinkCoin Token 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 $0.0001 and $0.0001. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". 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 Sunday, June 09, 2024, and so far it has fallen 0%. 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 LinkCoin Token USD cryptocurrency
There is no support from accumulated volume below today's level and given the right condition the cryptocurrency may perform very badly in the next couple of days.
In general the cryptocurrency tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the cryptocurrency During the last day, the cryptocurrency moved $0 between high and low, or 0%. For the last week the cryptocurrency has had daily average volatility of 0%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (LKNUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect LinkCoin Token USD to open at $0.0001, and during the day (based on 14 day Average True Range), to move between $0.0001 and $0.0001, which gives a possible trading interval of +/-$0.00000004 (+/-0.03%) up or down from last closing price. If LinkCoin Token USD takes out the full calculated possible swing range there will be an estimated 0.05% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $0.0001, some $0.000002 (1.46%) from the current price of $0.0001, our system finds the risk reward not very attractive.
Is LinkCoin Token USD cryptocurrency A Buy?
LinkCoin Token USD holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this cryptocurrency.
Current score: -1.114 Sell Candidate Unchanged
Predicted Opening Price for LinkCoin Token USD of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.0001 ( 0%) | $0.0001 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LKNUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0001 | - |
| R2 | 0.0001 | - |
| R1 | 0.0001 | - |
| Price | 0.0001 | |
| S1 | 0.0001 | - |
| S2 | 0.0001 | - |
| S3 | 0.0001 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0.0001 | 1.46% |
| R1 | 0.0001 | 1.46% |
| Price | 0.0001 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
FAQ
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