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Starbase / US Dollar Cryptocurrency Forecast

$0.0006
+0 (+0%)
At Close: May 16, 2024
RSI low/high Values: [ 15 - 85 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of STARUSD
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Red day on Thursday for Starbase / US Dollar cryptocurrency after losing 0%
(Updated on May 16, 2024)

Hold candidate since May 10, 2024 PDF

No changes to the price of Starbase / US Dollar cryptocurrency on the last trading day (Thursday, 16th May 2024). During the last trading day the cryptocurrency fluctuated 0% from a day low at $0.0006 to a day high of $0.0006. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

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. Due to the high volatility and the trend direction we are not able to give forecast range for this stock.

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STARUSD Signals & Forecast

The Starbase / US Dollar 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 $0.0006 and $0.0006. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 24, 2024, and so far it has risen 0.167%. 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. The cryptocurrency had a Golden Star Signal on Tuesday, September 12, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the cryptocurrency in question.

Buy
Special Signal Notification

Golden Star 12 Months

The cryptocurrency had a Golden Star Signal on Tuesday, September 12, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the cryptocurrency in question.

Support, Risk & Stop-loss for Starbase / US Dollar cryptocurrency

Starbase / US Dollar finds support from accumulated volume at $0.0006 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 0.0333%

Our recommended stop-loss: $0.0006 (-5.99%) (This cryptocurrency has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 22 days ago.)

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

For the upcoming trading day on Friday, 17th we expect Starbase / US Dollar to open at $0.0006, and during the day (based on 14 day Average True Range), to move between $0.0006 and $0.0006, which gives a possible trading interval of +/-$0.00002297 (+/-3.83%) up or down from last closing price. If Starbase / US Dollar takes out the full calculated possible swing range there will be an estimated 7.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0006 (0.05%) than the support at $0.0006 (0.14%), 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 Starbase / US Dollar cryptocurrency A Buy?

Starbase / US Dollar 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: 0.131 Hold/Accumulate Unchanged

Predicted Opening Price for Starbase / US Dollar of Friday, May 17, 2024

Fair opening price May 17, 2024 Current price
$0.0006 ( 0%) $0.0006

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

Trading levels for STARUSD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0006 .
R2 0.0006 .
R1 0.0006 .
Current price: 0.0006
Support S1 0.0006 .
S2 0.0006 .
S3 0.0006 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0.0007 15.00 %
R1 0.0006 0.0516 %
Current price 0.0006
Support S1 0.0006 -0.144%
S2 0.0006 -0.167%
S3 0 .

FAQ

What is the symbol for Starbase / US Dollar Cryptocurrency and on which exchange is it traded?
The symbol for Starbase / US Dollar is STARUSD and it is traded on the CRYPTO (Cryptocurrencies).

Should I buy or sell Starbase / US Dollar Cryptocurrency?
Starbase / US Dollar 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.

How to buy Starbase / US Dollar Cryptocurrency?
Starbase / US Dollar Cryptocurrency can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Starbase / US Dollar Cryptocurrency.

What's the current price of Starbase / US Dollar Cryptocurrency?
As of the end of day on the May 16, 2024, the price of an Starbase / US Dollar (STARUSD) share was $0.0006.

What is the 52-week high and low for Starbase / US Dollar Cryptocurrency?
The 52-week high for Starbase / US Dollar Cryptocurrency is $0.0068 and the 52-week low is $0.000061.
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