Rebel Bots USD Cryptocurrency Forecast

Green day on Sunday for Rebel Bots USD
(Updated on May 19, 2024)

RBLSUSD Signals & Forecast

Rebel Bots USD has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Rebel Bots 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 $0.0243 and $0.0319. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, March 22, 2024, and so far it has fallen -53.69%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Rebel Bots USD cryptocurrency

On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.0201 and $0.0194. 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, Rebel Bots USD finds support just below today's level at $0.0201. If this is broken, then the next support from accumulated volume will be at $0.0194 and $0.0193.

This cryptocurrency may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this cryptocurrency is considered to be "very high risk". During the last day, the cryptocurrency moved $0.0001 between high and low, or 0.550%. For the last week, the cryptocurrency has had daily average volatility of 2.18%.

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

Trading Expectations (RBLSUSD) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Rebel Bots USD to open at $0.0239, and during the day (based on 14 day Average True Range), to move between $0.0224 and $0.0254, which gives a possible trading interval of +/-$0.0015 (+/-6.31%) up or down from last closing price. If Rebel Bots USD takes out the full calculated possible swing range there will be an estimated 12.61% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0240 (0.26%) than the support at $0.0201 (16.08%), 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 Rebel Bots USD cryptocurrency A Buy?

The Rebel Bots USD cryptocurrency holds several negative signals and despite the positive trend, we believe Rebel Bots USD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this cryptocurrency.

Current score: -2.865 Sell Candidate Unchanged

Predicted Opening Price for Rebel Bots USD of Monday, May 20, 2024

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