Value Liquidity USD Cryptocurrency Forecast

A very strong day for Value Liquidity USD cryptocurrency price on Friday
(Updated on May 17, 2024)

VALUEUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, May 15, 2024, and so far it has risen 10.92%. Further rise is indicated until a new top pivot has been found. Value Liquidity 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 Value Liquidity 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 $0.0295. On a fall, the cryptocurrency will find some support from the short-term average at $0.0274. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Value Liquidity USD cryptocurrency

Value Liquidity USD finds support from accumulated volume at $0.0272 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 $0.0008 between high and low, or 2.71%. For the last week, the cryptocurrency has had daily average volatility of 17.58%.

Our recommended stop-loss: $0.0270 (-4.22%) (This cryptocurrency has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)

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

For the upcoming trading day on Saturday, 18th we expect Value Liquidity USD to open at $0.0282, and during the day (based on 14 day Average True Range), to move between $0.0255 and $0.0308, which gives a possible trading interval of +/-$0.0027 (+/-9.42%) up or down from last closing price. If Value Liquidity USD takes out the full calculated possible swing range there will be an estimated 18.85% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0272 (3.45%) than the resistance at $0.0319 (13.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Value Liquidity USD cryptocurrency A Buy?

Value Liquidity 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 Value Liquidity USD of Saturday, May 18, 2024

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