Crypto Raiders USD Cryptocurrency Forecast
Stronger technical forecast for Crypto Raiders USD cryptocurrency price after Saturday trading.
(Updated on Jun 29, 2024)
The Crypto Raiders USD cryptocurrency price fell by -0.478% on the last day (Saturday, 29th Jun 2024) from $0.0098 to $0.0097. During the last trading day the cryptocurrency fluctuated 1.72% from a day low at $0.0097 to a day high of $0.0099. The price has fallen in 7 of the last 10 days and is down by -5.74% 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 -171 shares and in total, 531 shares were bought and sold for approximately $5.16 .
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 -24.99% during the next 3 months and, with a 90% probability hold a price between $0.0063 and $0.0085 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
RAIDERUSD 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 Crypto Raiders 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 $0.0099 and $0.0111. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 27, 2024, and so far it has fallen -23.69%. 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 Crypto Raiders USD cryptocurrency
There is no support from accumulated volume below today's level and given the right condition the cryptocurrency may perform very badly in the next couple of days.
This cryptocurrency has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the cryptocurrency moved $0.0002 between high and low, or 1.72%. For the last week the cryptocurrency has had daily average volatility of 2.32%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (RAIDERUSD) For The Upcoming Trading Day Of Sunday 30th
For the upcoming trading day on Sunday, 30th we expect Crypto Raiders USD to open at $0.0098, and during the day (based on 14 day Average True Range), to move between $0.0094 and $0.0101, which gives a possible trading interval of +/-$0.0003 (+/-3.54%) up or down from last closing price. If Crypto Raiders USD takes out the full calculated possible swing range there will be an estimated 7.09% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $0.0098, some $0.0001 (1.42%) from the current price of $0.0097, our system finds the risk reward not very attractive.
Is Crypto Raiders USD cryptocurrency A Buy?
Crypto Raiders 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. We have upgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -4.183 Sell Candidate Upgraded
Predicted Opening Price for Crypto Raiders USD of Sunday, June 30, 2024
| Fair opening price June 30, 2024 | Current price |
|---|---|
| $0.0098 ( 0.573%) | $0.0097 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RAIDERUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0099 | 2.29% |
| R2 | 0.0099 | 1.64% |
| R1 | 0.0098 | 1.23% |
| Price | 0.0097 | |
| S1 | 0.0097 | -0.0837% |
| S2 | 0.0097 | -0.489% |
| S3 | 0.0096 | -1.15% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0110 | 13.25% |
| R2 | 0.0100 | 3.15% |
| R1 | 0.0098 | 1.42% |
| Price | 0.0097 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
FAQ
Click here for our free guide on how to buy Crypto Raiders USD Cryptocurrency.
