WaultSwap USD Cryptocurrency Forecast

WaultSwap USD cryptocurrency price up more than 9.09% on Tuesday
(Updated on Jun 25, 2024)

WEXUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, June 24, 2024, and so far it has risen 9.09%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The WaultSwap 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 $0.00001257 and $0.00001362. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for WaultSwap USD cryptocurrency

On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.000011. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the cryptocurrency price.

This cryptocurrency may move much during the day (volatility) and with periodic low trading volume this cryptocurrency is considered to be "high risk". 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 3.48%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (WEXUSD) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect WaultSwap USD to open at $0.000012, and during the day (based on 14 day Average True Range), to move between $0.00001131 and $0.00001269, which gives a possible trading interval of +/-$0.00000069 (+/-5.74%) up or down from last closing price. If WaultSwap USD takes out the full calculated possible swing range there will be an estimated 11.47% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.000013 (8.33%) than the support at $0.000011 (8.33%), 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 WaultSwap USD cryptocurrency A Buy?

WaultSwap 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. We have upgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -2.764 Sell Candidate Upgraded

Predicted Opening Price for WaultSwap USD of Wednesday, June 26, 2024

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