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Revault Network USD Cryptocurrency Forecast

$0.0437
+0.0007 (+1.61%)
At Close: May 17, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Stronger technical forecast for Revault Network USD cryptocurrency price after Friday trading.
(Updated on May 17, 2024)

Hold candidate since May 17, 2024 PDF

The Revault Network USD cryptocurrency price gained 1.61% on the last trading day (Friday, 17th May 2024), rising from $0.0430 to $0.0437. During the last trading day the cryptocurrency fluctuated 2.33% from a day low at $0.0427 to a day high of $0.0437. The price has fallen in 5 of the last 10 days and is down by -5.39% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 281 more shares were traded than the day before. In total, 281 shares were bought and sold for approximately $12.29 .

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 $0.0422 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the cryptocurrency is expected to fall -13.74% during the next 3 months and, with a 90% probability hold a price between $0.0364 and $0.0528 at the end of this 3-month period.

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REVAUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, May 14, 2024, and so far it has risen 2.78%. 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). Revault Network 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 Revault Network USD cryptocurrency holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the cryptocurrency giving a more negative forecast for the stock. On further gains, the cryptocurrency will meet resistance from the long-term Moving Average at $0.0474. On a fall, the cryptocurrency will find some support from the short-term average at $0.0434. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Revault Network USD cryptocurrency

Revault Network USD finds support from accumulated volume at $0.0433 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This cryptocurrency has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the cryptocurrency moved $0.0010 between high and low, or 2.33%. For the last week, the cryptocurrency has had daily average volatility of 2.25%.

Our recommended stop-loss: $0.0415 (-5.19%) (This cryptocurrency has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (REVAUSD) For The Upcoming Trading Day Of Saturday 18th

For the upcoming trading day on Saturday, 18th we expect Revault Network USD to open at $0.0434, and during the day (based on 14 day Average True Range), to move between $0.0426 and $0.0449, which gives a possible trading interval of +/-$0.0012 (+/-2.68%) up or down from last closing price. If Revault Network USD takes out the full calculated possible swing range there will be an estimated 5.36% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0433 (1.08%) than the resistance at $0.0474 (8.46%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Revault Network USD cryptocurrency A Buy?

Revault Network 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. We have upgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Upgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Revault Network USD of Saturday, May 18, 2024

Fair opening price May 18, 2024 Current price
$0.0434 ( 0.759%) $0.0437

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

Trading levels for REVAUSD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0444 1.52 %
R2 0.0440 0.648 %
R1 0.0438 0.111 %
Current price: 0.0437
Support S1 0.0430 -1.63 %
S2 0.0428 -2.17 %
S3 0.0424 -3.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.0509 16.37 %
R2 0.0487 11.34 %
R1 0.0474 8.46 %
Current price 0.0437
Support S1 0.0433 -1.08%
S2 0.0430 -1.59%
S3 0.0430 -1.73%

FAQ

What is the symbol for Revault Network USD Cryptocurrency and on which exchange is it traded?
The symbol for Revault Network USD is REVAUSD and it is traded on the CRYPTO (Cryptocurrencies).

Should I buy or sell Revault Network USD Cryptocurrency?
Revault Network 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. We have upgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Revault Network USD Cryptocurrency?
Revault Network 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 Revault Network USD Cryptocurrency.

What's the current price of Revault Network USD Cryptocurrency?
As of the end of day on the May 17, 2024, the price of an Revault Network USD (REVAUSD) share was $0.0437.

What is the 52-week high and low for Revault Network USD Cryptocurrency?
The 52-week high for Revault Network USD Cryptocurrency is $0.0708 and the 52-week low is $0.0307.
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