UniX Gaming USD Cryptocurrency Forecast
Big movements in UniX Gaming USD cryptocurrency price on Tuesday moving 453,300.00% between high and low
(Updated on Jun 25, 2024)
The UniX Gaming USD cryptocurrency price fell by -1.07% on the last day (Tuesday, 25th Jun 2024) from $0.0045 to $0.0044. It has now fallen 3 days in a row. During the last trading day the cryptocurrency fluctuated 453,300.00% from a day low at $0.000001 to a day high of $0.0045. The price has fallen in 8 of the last 10 days and is down by -38.16% for this period. Volume fell on the last day along with the cryptocurrency, which is actually a good sign as volume should follow the cryptocurrency. On the last day, the trading volume fell by -686 shares and in total, 3 thousand shares were bought and sold for approximately $12.39 .
The cryptocurrency lies the upper part of a very wide and falling 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 $0.0049 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
UNIXUSD Signals & Forecast
There are few to no technical positive signals at the moment. The UniX Gaming 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 $0.0045 and $0.0063. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Saturday, June 22, 2024, and so far it has fallen -14.47%. 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.
Support, Risk & Stop-loss for UniX Gaming USD cryptocurrency
There is no support from accumulated volume below today's level and given the right condition the cryptocurrency may perform very badly in the next couple of days.
This cryptocurrency may move very much during the day (volatility) and with periodic low trading volume this cryptocurrency is considered to be "very high risk". During the last day, the cryptocurrency moved $0.0045 between high and low, or 453,300.00%. For the last week the cryptocurrency has had daily average volatility of 153,423.17%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (UNIXUSD) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect UniX Gaming USD to open at $0.0030, and during the day (based on 14 day Average True Range), to move between $0.0019 and $0.0070, which gives a possible trading interval of +/-$0.0026 (+/-58.13%) up or down from last closing price. If UniX Gaming USD takes out the full calculated possible swing range there will be an estimated 116.27% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $0.0045, some $0.000048 (1.08%) from the current price of $0.0044, our system finds the risk reward not very attractive.
Is UniX Gaming USD cryptocurrency A Buy?
UniX Gaming USD holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this cryptocurrency.
Current score: -5.860 Strong Sell Candidate Unchanged
Predicted Opening Price for UniX Gaming USD of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $0.0030 ( 32.51%) | $0.0044 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for UNIXUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0075 | 69.91% |
| R2 | 0.0058 | 30.78% |
| R1 | 0.0047 | 6.61% |
| Price | 0.0044 | |
| S1 | 0.0013 | -71.64% |
| S2 | 0.0002 | -95.81% |
| S3 | -0.0015 | -134.93% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0052 | 16.92% |
| R2 | 0.0048 | 9.11% |
| R1 | 0.0045 | 1.08% |
| Price | 0.0044 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
FAQ
Click here for our free guide on how to buy UniX Gaming USD Cryptocurrency.
