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Monkeys Token USD Cryptocurrency Forecast

$0.00000143
+0 (+0%)
At Close: Jun 24, 2024
RSI low/high Values: [ 20 - 85 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MONKEYSUSD
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Red day on Monday for Monkeys Token USD cryptocurrency after losing 0%
(Updated on Jun 24, 2024)

Sell candidate since Jun 16, 2024 Loss -23.94% PDF

No changes to the price of Monkeys Token USD cryptocurrency on the last trading day (Monday, 24th Jun 2024). During the last trading day the cryptocurrency fluctuated 0% from a day low at $0.00000143 to a day high of $0.00000143. The price has fallen in 6 of the last 10 days and is down by -22.28% for this period.

The cryptocurrency has broken the very wide and strong rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $0.00000145. A reaction back to this level may hold a second chance to get out before further falls.

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MONKEYSUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Sunday, June 23, 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Monkeys 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 $0.00000156 and $0.00000223. 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.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Wednesday, May 01, 2024 with a target of $0.00000055. Despite whether the objective of the signal formation has been reached the cryptocurrency may continue to perform well.

Support, Risk & Stop-loss for Monkeys Token USD cryptocurrency

On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.00000133 and $0.00000126. There is a natural risk involved when a cryptocurrency is testing a support level, since if this is broken, the cryptocurrency then may fall to the next support level. In this case, Monkeys Token USD finds support just below today's level at $0.00000133. If this is broken, then the next support from accumulated volume will be at $0.00000126 and $0.00000113.

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 3.54%

Monkeys Token USD is oversold on RSI14 (7). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MONKEYSUSD) For The Upcoming Trading Day Of Tuesday 25th

For the upcoming trading day on Tuesday, 25th we expect Monkeys Token USD to open at $0.00000143, and during the day (based on 14 day Average True Range), to move between $0.00000133 and $0.00000153, which gives a possible trading interval of +/-$0.00000010 (+/-7.14%) up or down from last closing price. If Monkeys Token USD takes out the full calculated possible swing range there will be an estimated 14.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.00000152 (6.29%) than the support at $0.00000133 (6.99%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Monkeys Token USD cryptocurrency A Buy?

Monkeys 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: -2.847 Sell Candidate Unchanged

Predicted Opening Price for Monkeys Token USD of Tuesday, June 25, 2024

Fair opening price June 25, 2024 Current price
$0.00000143 ( 0%) $0.00000143

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

Trading levels for MONKEYSUSD

Fibonacci Support & Resistance Levels

Level Price
R3 0.00000143 -
R2 0.00000143 -
R1 0.00000143 -
Price 0.00000143
S1 0.00000143 -
S2 0.00000143 -
S3 0.00000143 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.0000017 18.88%
R2 0.00000155 8.39%
R1 0.00000152 6.29%
Price 0.00000143
S1 0.00000133 -6.99%
S2 0.00000126 -11.89%
S3 0.00000113 -20.98%

FAQ

What is the symbol for Monkeys Token USD Cryptocurrency and on which exchange is it traded?
The symbol for Monkeys Token USD is MONKEYSUSD and it is traded on the CRYPTO (Cryptocurrencies).

Should I buy or sell Monkeys Token USD Cryptocurrency?
Monkeys 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.

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

What's the current price of Monkeys Token USD Cryptocurrency?
As of the end of day on the Jun 24, 2024, the price of an Monkeys Token USD (MONKEYSUSD) share was $0.00000143.

What is the 52-week high and low for Monkeys Token USD Cryptocurrency?
The 52-week high for Monkeys Token USD Cryptocurrency is $0.000017 and the 52-week low is $0.00000015.
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