MaidSafeCoin Cryptocurrency Forecast
MaidSafeCoin cryptocurrency price up 0.522% on Friday
(Updated on Jun 28, 2024)
The MaidSafeCoin cryptocurrency price gained 0.522% on the last trading day (Friday, 28th Jun 2024), rising from $0.468 to $0.470. During the last trading day the cryptocurrency fluctuated 1.83% from a day low at $0.470 to a day high of $0.479. The price has fallen in 7 of the last 10 days and is down by -26.48% for this period. Volume fell on the last day by -335 shares and in total, 13 shares were bought and sold for approximately $6.11 . You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The cryptocurrency lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.448 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the cryptocurrency is expected to rise 8.26% during the next 3 months and, with a 90% probability hold a price between $0.485 and $1.05 at the end of this 3-month period.
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MAIDUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Sunday, June 23, 2024, and so far it has risen 5.89%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The MaidSafeCoin 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 $0.480 and $0.594. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for MaidSafeCoin cryptocurrency
MaidSafeCoin finds support from accumulated volume at $0.451 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 periodic low trading volume this cryptocurrency is considered to be "very high risk". During the last day, the cryptocurrency moved $0.0086 between high and low, or 1.83%. For the last week the cryptocurrency has had daily average volatility of 7.66%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (MAIDUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect MaidSafeCoin to open at $0.473, and during the day (based on 14 day Average True Range), to move between $0.409 and $0.531, which gives a possible trading interval of +/-$0.0609 (+/-12.96%) up or down from last closing price. If MaidSafeCoin takes out the full calculated possible swing range there will be an estimated 25.91% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.451 (4.12%) than the resistance at $0.513 (9.11%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is MaidSafeCoin cryptocurrency A Buy?
The MaidSafeCoin cryptocurrency holds several negative signals and despite the positive trend, we believe MaidSafeCoin will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this cryptocurrency.
Current score: -2.012 Sell Candidate Unchanged
Predicted Opening Price for MaidSafeCoin of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.473 ( 0.611%) | $0.470 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MAIDUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.481 | 2.45% |
| R2 | 0.478 | 1.75% |
| R1 | 0.476 | 1.31% |
| Price | 0.470 | |
| S1 | 0.470 | -0.0893% |
| S2 | 0.467 | -0.522% |
| S3 | 0.464 | -1.22% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.559 | 19.05% |
| R2 | 0.524 | 11.57% |
| R1 | 0.513 | 9.11% |
| Price | 0.470 | |
| S1 | 0.451 | -4.12% |
| S2 | 0.413 | -12.12% |
| S3 | 0.402 | -14.38% |
FAQ
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