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$0.0037
-0.0002 (-4.65%)
At Close: Jun 08, 2024
RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MINTUSD
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Red day on Saturday for MintCoin
(Updated on Jun 08, 2024)

Buy or Hold candidate since May 21, 2024 Loss -7.02% PDF

The MintCoin cryptocurrency price fell by -4.65% on the last day (Saturday, 8th Jun 2024) from $0.0039 to $0.0037. During the last trading day the cryptocurrency fluctuated 1.66% from a day low at $0.0037 to a day high of $0.0038. The price has fallen in 4 of the last 10 days and is down by -9.35% for this period. Volume has increased on the last day by 307 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 335 shares were bought and sold for approximately $1.25 .

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 -52.48% during the next 3 months and, with a 90% probability hold a price between $0.0008 and $0.0022 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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MINTUSD Signals & Forecast

The MintCoin cryptocurrency holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the cryptocurrency giving a positive forecast for the stock. On further gains, the cryptocurrency will meet resistance from the short-term Moving Average at approximately $0.0039. On a fall, the cryptocurrency will find some support from the long-term average at approximately $0.0037. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Tuesday, May 14, 2024, and so far it has risen 20.25%. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). MintCoin gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for MintCoin cryptocurrency

MintCoin finds support from accumulated volume at $0.0037 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 $0.00006162 between high and low, or 1.66%. For the last week, the cryptocurrency has had daily average volatility of 1.79%.

Our recommended stop-loss: $0.0036 (-3.46%) (This cryptocurrency has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 87 days ago.)

Trading Expectations (MINTUSD) For The Upcoming Trading Day Of Sunday 9th

For the upcoming trading day on Sunday, 9th we expect MintCoin to open at $0.0037, and during the day (based on 14 day Average True Range), to move between $0.0036 and $0.0038, which gives a possible trading interval of +/-$0.0001 (+/-2.85%) up or down from last closing price. If MintCoin takes out the full calculated possible swing range there will be an estimated 5.71% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0037 (1.45%) than the resistance at $0.0042 (12.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is MintCoin cryptocurrency A Buy?

MintCoin 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: -0.136 Hold/Accumulate Unchanged

Predicted Opening Price for MintCoin of Sunday, June 9, 2024

Fair opening price June 9, 2024 Current price
$0.0037 ( 0.553%) $0.0037

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

Trading levels for MINTUSD

Fibonacci Support & Resistance Levels

Level Price
R3 0.0038 2.21%
R2 0.0038 1.58%
R1 0.0038 1.19%
Price 0.0037
S1 0.0037 -0.0807%
S2 0.0037 -0.472%
S3 0.0037 -1.11%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.0043 16.27%
R2 0.0042 13.47%
R1 0.0042 12.24%
Price 0.0037
S1 0.0037 -1.45%
S2 0.0036 -3.09%
S3 0.0033 -10.33%

FAQ

What is the symbol for MintCoin Cryptocurrency and on which exchange is it traded?
The symbol for MintCoin is MINTUSD and it is traded on the CRYPTO (Cryptocurrencies).

Should I buy or sell MintCoin Cryptocurrency?
MintCoin 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.

How to buy MintCoin Cryptocurrency?
MintCoin Cryptocurrency can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy MintCoin Cryptocurrency.

What's the current price of MintCoin Cryptocurrency?
As of the end of day on the Jun 08, 2024, the price of an MintCoin (MINTUSD) share was $0.0037.

What is the 52-week high and low for MintCoin Cryptocurrency?
The 52-week high for MintCoin Cryptocurrency is $0.0088 and the 52-week low is $0.000025.
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