Lunatics USD Cryptocurrency Forecast

High volatility in Lunatics USD cryptocurrency price on Tuesday which ended trading at $0.000003
(Updated on May 07, 2024)

LUNATUSD Signals & Forecast

The Lunatics USD cryptocurrency holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the cryptocurrency has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $0.00000214 and $0.00000294. 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). Lunatics 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, March 04, 2024, and so far it has fallen -50.00%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Lunatics 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.

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 $0.000001 between high and low, or 50.00%. For the last week, the cryptocurrency has had daily average volatility of 10.00%.

Our recommended stop-loss: $0.00000282 (-6.00%) (This cryptocurrency has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 64 days ago.)

Trading Expectations (LUNATUSD) For The Upcoming Trading Day Of Wednesday 8th

For the upcoming trading day on Wednesday, 8th we expect Lunatics USD to open at $0.00000267, and during the day (based on 14 day Average True Range), to move between $0.00000282 and $0.00000318, which gives a possible trading interval of +/-$0.00000018 (+/-5.97%) up or down from last closing price. If Lunatics USD takes out the full calculated possible swing range there will be an estimated 11.94% move between the lowest and the highest trading price during the day.

Is Lunatics USD cryptocurrency A Buy?

Lunatics 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. We have upgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.380 Hold/Accumulate Upgraded

Predicted Opening Price for Lunatics USD of Wednesday, May 8, 2024

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