Starbase / US Dollar Cryptocurrency Forecast

$0.0051
-0.000003 (-0.0583%)
At Close: Jul 02, 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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Evaluation of Starbase / US Dollar cryptocurrency downgraded after the last trading session.
(Updated on Jul 02, 2024)

Buy or Hold candidate since May 30, 2024 Gain 757.00% PDF

The Starbase / US Dollar cryptocurrency price fell by -0.0583% on the last day (Tuesday, 2nd Jul 2024) from $0.0051 to $0.0051. During the last trading day the cryptocurrency fluctuated 0.0973% from a day low at $0.0051 to a day high of $0.0051. The price has fallen in 5 of the last 10 days and is down by -0.12% for this period.

The cryptocurrency lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $0.0055 will firstly indicate a stronger rate of rising. Given the current short-term trend, the cryptocurrency is expected to rise 251.49% during the next 3 months and, with a 90% probability hold a price between $0.0126 and $0.0192 at the end of this 3-month period.

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STARUSD Signals & Forecast

The Starbase / US Dollar cryptocurrency holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the cryptocurrency giving a positive forecast for the stock. On further gains, the cryptocurrency will meet resistance from the short-term Moving Average at approximately $0.0051. On a fall, the cryptocurrency will find some support from the long-term average at approximately $0.0033. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, June 25, 2024, and so far it has fallen -0.136%. 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). 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. The cryptocurrency had a Golden Star Signal on Sunday, June 02, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, September 12, 2023.

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

The cryptocurrency had a Golden Star Signal on Sunday, June 02, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, September 12, 2023.

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 Sunday, June 02, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, September 12, 2023.

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 $0.0051 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 $0.000005 between high and low, or 0.0973%. For the last week the cryptocurrency has had daily average volatility of 0.140%

Our recommended stop-loss: $0.0049 (-4.85%) (This cryptocurrency has low daily movements and this gives low risk. There is a sell signal from a pivot top found 19 days ago.)

Trading Expectations (STARUSD) For The Upcoming Trading Day Of Wednesday 3rd

For the upcoming trading day on Wednesday, 3rd we expect Starbase / US Dollar to open at $0.0051, and during the day (based on 14 day Average True Range), to move between $0.0051 and $0.0052, which gives a possible trading interval of +/-$0.00008926 (+/-1.74%) up or down from last closing price. If Starbase / US Dollar takes out the full calculated possible swing range there will be an estimated 3.47% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0051 (0.02%) than the resistance at $0.0051 (0.10%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.790 Hold/Accumulate Downgraded

Predicted Opening Price for Starbase / US Dollar of Wednesday, July 3, 2024

Fair opening price July 3, 2024 Current price
$0.0051 ( 0.0194%) $0.0051

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
R3 0.0051 0.117%
R2 0.0051 0.0795%
R1 0.0051 0.0566%
Price 0.0051
S1 0.0051 -0.0177%
S2 0.0051 -0.0406%
S3 0.0051 -0.0778%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.0053 2.90%
R2 0.0051 0.136%
R1 0.0051 0.0972%
Price 0.0051
S1 0.0051 -0.0194%
S2 0.0051 -0.0389%
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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Buy to a Hold/Accumulate candidate.

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 Jul 02, 2024, the price of an Starbase / US Dollar (STARUSD) share was $0.0051.

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 $0.000026.
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