Voyager Token / US Dollar Cryptocurrency Forecast

High volatility in Voyager Token / US Dollar cryptocurrency price on Friday which ended trading at $0.105
(Updated on May 03, 2024)

VGXUSD Signals & Forecast

Mostly positive signals in the chart today. The Voyager Token / US Dollar cryptocurrency holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the cryptocurrency has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $0.0808 and $0.0926. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Sunday, April 14, 2024, and so far it has risen 50.36%. 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). Volume is rising along with the price. This is considered to be a good technical signal.

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

On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.0932 and $0.0851. There is a natural risk involved when a cryptocurrency is testing a support level, since if this is broken, the cryptocurrency then may fall to the next support level. In this case, Voyager Token / US Dollar finds support just below today's level at $0.0932. If this is broken, then the next support from accumulated volume will be at $0.0851 and $0.0813.

This cryptocurrency may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this cryptocurrency is considered to be "high risk". During the last day, the cryptocurrency moved $0.0423 between high and low, or 51.46%. For the last week, the cryptocurrency has had daily average volatility of 25.79%.

Our recommended stop-loss: $0.100 (-4.47%) (This cryptocurrency has high daily movements and this gives high risk. The RSI14 is 76 and this increases the risk substantially. There is a buy signal from a pivot bottom found 19 days ago.)

Trading Expectations (VGXUSD) For The Upcoming Trading Day Of Saturday 4th

For the upcoming trading day on Saturday, 4th we expect Voyager Token / US Dollar to open at $0.104, and during the day (based on 14 day Average True Range), to move between $0.0927 and $0.117, which gives a possible trading interval of +/-$0.0121 (+/-11.55%) up or down from last closing price. If Voyager Token / US Dollar takes out the full calculated possible swing range there will be an estimated 23.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.114 (8.68%) than the support at $0.0932 (11.07%), 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 Voyager Token / US Dollar cryptocurrency A Buy?

Several short-term signals are positive, despite the cryptocurrency being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for cryptocurrency to perform well in the short-term.

Current score: 4.155 Buy Candidate Unchanged

Predicted Opening Price for Voyager Token / US Dollar of Saturday, May 4, 2024

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