Current Market Sentiment and Recent Performance
Sentiment: Bullish
Fear & Greed Index: 70 (Greed)
Green Days: 17 out of the last 30 days (57%)
Price Volatility: 22.38% over the last 30 days
Investment Advice: Based on the current forecast, it is considered a good time to buy TRU.
Price Prediction for 2024
TrueFi is forecasted to trade within a range of $0.208193 and $0.982775 in 2024. If it reaches the upper price target, TRU could increase by 373.69%, reaching $0.982775.
Price Prediction for 2025
For 2025, the price prediction for TrueFi ranges between $0.208193 and $0.982775. Compared to today’s price, TrueFi could gain 372.91% by 2025 if TRU reaches the upper price target.
Technical Indicators Analysis (as of June 13, 2024)
General Sentiment: Bullish
23 technical analysis indicators signal bullish
6 signal bearish
200-Day Simple Moving Average (SMA): Predicted to rise and hit $0.00 by July 13, 2024
50-Day SMA: Estimated to hit $0.00 by July 13, 2024
Relative Strength Index (RSI): Currently at 56.49, indicating a neutral market position
Moving Averages and Oscillators (June 14, 2024)
Moving Averages (MA):
Designed to smooth price action over a certain time period
Influenced by historical price activity
Types of MA:
Simple Moving Average (SMA)
Exponential Moving Average (EMA)
Short-Term Price Prediction
Next 30 Days:
Based on recent trends, TrueFi is projected to trade at $0.309143 on June 20, 2024
Expected gain: 48.49%
Conclusion
The current market indicators and technical analysis suggest a bullish trend for TrueFi, making it a potentially good investment opportunity. With a significant projected increase over the next year and into 2025, TrueFi could offer substantial returns if market conditions and predictions hold true.