OmniaVerse USD Cryptocurrency Forecast

OmniaVerse USD cryptocurrency price ended at $0.0001 on Thursday, after losing 0%.
(Updated on May 16, 2024)

OMNIAUSD Signals & Forecast

The OmniaVerse USD cryptocurrency holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.0001 and $0.0001. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 29, 2024, and so far it has risen 0.0362%. 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. 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.

Support, Risk & Stop-loss for OmniaVerse USD cryptocurrency

OmniaVerse USD finds support from accumulated volume at $0.0001 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 0%

Our recommended stop-loss: $0.0001 (-6.00%) (This cryptocurrency has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 17 days ago.)

Trading Expectations (OMNIAUSD) For The Upcoming Trading Day Of Friday 17th

For the upcoming trading day on Friday, 17th we expect OmniaVerse USD to open at $0.0001, and during the day (based on 14 day Average True Range), to move between $0.0001 and $0.0002, which gives a possible trading interval of +/-$0.00001015 (+/-7.15%) up or down from last closing price. If OmniaVerse USD takes out the full calculated possible swing range there will be an estimated 14.30% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0001 (0.02%) than the support at $0.0001 (0.04%), 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 OmniaVerse USD cryptocurrency A Buy?

OmniaVerse 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.

Current score: 0.623 Hold/Accumulate Unchanged

Predicted Opening Price for OmniaVerse USD of Friday, May 17, 2024

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