Not Financial Advice USD Cryptocurrency Forecast
A very red day for Not Financial Advice USD cryptocurrency price after a -8.18% fall in the Tuesday trading session
(Updated on Jul 02, 2024)
The Not Financial Advice USD cryptocurrency price fell by -8.18% on the last day (Tuesday, 2nd Jul 2024) from $0.0155 to $0.0142. During the last trading day the cryptocurrency fluctuated 0.0916% from a day low at $0.0142 to a day high of $0.0142. The price has fallen in 7 of the last 10 days and is down by -21.75% for this period. Volume fell on the last day along with the cryptocurrency, which is actually a good sign as volume should follow the cryptocurrency. On the last day, the trading volume fell by -6 thousand shares and in total, 24 thousand shares were bought and sold for approximately $340.93 .
The cryptocurrency lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0122 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the cryptocurrency is expected to fall -5.92% during the next 3 months and, with a 90% probability hold a price between $0.0115 and $0.0312 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
NFAIUSD Signals & Forecast
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 Not Financial Advice 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 $0.0154 and $0.0196. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, April 17, 2024, and so far it has fallen -59.32%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this cryptocurrency may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Not Financial Advice USD cryptocurrency
Not Financial Advice USD finds support from accumulated volume at $0.0141 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 much during the day (volatility) and with periodic low trading volume this cryptocurrency is considered to be "high risk". During the last day, the cryptocurrency moved $0.000013 between high and low, or 0.0916%. For the last week the cryptocurrency has had daily average volatility of 14.64%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (NFAIUSD) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Not Financial Advice USD to open at $0.0142, and during the day (based on 14 day Average True Range), to move between $0.0119 and $0.0165, which gives a possible trading interval of +/-$0.0023 (+/-16.05%) up or down from last closing price. If Not Financial Advice USD takes out the full calculated possible swing range there will be an estimated 32.09% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0141 (0.93%) than the resistance at $0.0166 (17.14%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Not Financial Advice USD cryptocurrency A Buy?
Not Financial Advice USD holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this cryptocurrency.
Current score: -7.391 Strong Sell Candidate Unchanged
Predicted Opening Price for Not Financial Advice USD of Wednesday, July 3, 2024
Fair opening price July 3, 2024 | Current price |
---|---|
$0.0142 ( 0.0305%) | $0.0142 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NFAIUSD
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.0142 | 0.122% |
R2 | 0.0142 | 0.0872% |
R1 | 0.0142 | 0.0656% |
Price | 0.0142 | |
S1 | 0.0142 | -0.0045% |
S2 | 0.0142 | -0.0261% |
S3 | 0.0142 | -0.0611% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.0172 | 21.49% |
R2 | 0.0169 | 18.84% |
R1 | 0.0166 | 17.14% |
Price | 0.0142 | |
S1 | 0.0141 | -0.93% |
S2 | 0.0140 | -1.06% |
S3 | 0 | - |
FAQ
Click here for our free guide on how to buy Not Financial Advice USD Cryptocurrency.