ZILLION AAKAR XO USD Cryptocurrency Forecast

ZILLION AAKAR XO USD cryptocurrency price down 0% on Thursday
(Updated on May 16, 2024)

ZILLIONXOUSD Signals & Forecast

There are mixed signals in the cryptocurrency today. The ZILLION AAKAR XO 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 $0.0226 and $0.0270. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Tuesday, May 14, 2024, and so far it has risen 0.85%. 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).

Support, Risk & Stop-loss for ZILLION AAKAR XO USD cryptocurrency

ZILLION AAKAR XO USD finds support from accumulated volume at $0.0223 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 between high and low, or 0%. For the last week the cryptocurrency has had daily average volatility of 6.00%

ZILLION AAKAR XO USD is oversold on RSI14 (22). Some cryptocurrencies may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Trading Expectations (ZILLIONXOUSD) For The Upcoming Trading Day Of Friday 17th

For the upcoming trading day on Friday, 17th we expect ZILLION AAKAR XO USD to open at $0.0225, and during the day (based on 14 day Average True Range), to move between $0.0210 and $0.0240, which gives a possible trading interval of +/-$0.0015 (+/-6.85%) up or down from last closing price. If ZILLION AAKAR XO USD takes out the full calculated possible swing range there will be an estimated 13.71% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0227 (0.79%) than the support at $0.0223 (0.84%), 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 ZILLION AAKAR XO USD cryptocurrency A Buy?

ZILLION AAKAR XO USD holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this cryptocurrency.

Current score: -2.767 Sell Candidate Unchanged

Predicted Opening Price for ZILLION AAKAR XO USD of Friday, May 17, 2024

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