spurdo USD Cryptocurrency Forecast

spurdo USD cryptocurrency price ended at $0.00000001 on Wednesday, after gaining 1.36%.
(Updated on May 01, 2024)

SPURDOUSD Signals & Forecast

There are mixed signals in the cryptocurrency today. The spurdo 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 $0.00000001. On a fall, the cryptocurrency will find some support from the short-term average at $0.00000001. 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. A sell signal was issued from a pivot top point on Friday, March 15, 2024, and so far it has fallen -86.95%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for spurdo USD cryptocurrency

spurdo USD finds support from accumulated volume at $0.00000001 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 $0.00000000 between high and low, or 1.45%. For the last week the cryptocurrency has had daily average volatility of 0.91%.

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

Trading Expectations (SPURDOUSD) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect spurdo USD to open at $0.00000001, and during the day (based on 14 day Average True Range), to move between $0.00000001 and $0.00000001, which gives a possible trading interval of +/-$0.00000000 (+/-10.54%) up or down from last closing price. If spurdo USD takes out the full calculated possible swing range there will be an estimated 21.08% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.00000001 (0.10%) than the support at $0.00000001 (1.34%), 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 spurdo USD cryptocurrency A Buy?

spurdo USD holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this cryptocurrency.

Current score: -1.399 Sell Candidate Unchanged

Predicted Opening Price for spurdo USD of Thursday, May 2, 2024

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