Fideum

Fideum (FI) Price Prediction 2024, 2025, 2026, 2027, 2028

Are you curious about the future of Fideum? Our technical analysis brings you the latest Fideum price prediction for 2024 and beyond. We explore market trends and analyze sentiment to help you make informed decisions about your cryptocurrency investments.
Read More
Buy Fideum
Current Fideum Price
$0.00450625 0.89332% (1D)
Add your expected growth prediction

Fideum (FI) Technical Analysis

Valdrin Tahiri

Valdrin Tahiri

Expert in price predictions

23 November 2024

Fideum price prediction

Year Min Price Av Price Max Price
FI traders use a wide range of trading signals and technical indicators to predict a price's trajectory. While not all methods are necessary to accurately forecast the direction of the market, some key indicators do hold more weight. Identifying Fideum support and resistance levels gives traders an insight into the market's supply and demand while helping to determine reversals in trends.

In addition, chart patterns are also widely used by traders to form trend lines which help in predicting the next candlestick move.

Various indicators such as the RSI, Moving Averages and the MACD can be used to determine the direction of the long-term trend and attempt to predict the future price movement.
The price action on the neutral side, the price fell below the $0.000000000000000000 horizontal resistance area after previously moving above it. Such deviations are considered neutral signs. Despite this dive, the FI price remains - %37.55 negative since the beginning of the year.

RSI

The RSI offers additional insight into the market’s momentum by measuring the size of Fideum price moves to determine whether its overvalued or undervalued. Market traders use the RSI as a momentum indicator to identify overbought or oversold conditions and to decide whether to accumulate or sell an asset. Readings above 50 and an upward trend indicate that bulls still have an advantage, whereas readings below 50 suggest the opposite.

According to the RSI, In the 1 Week time frame, Fideum is currently trending with the actual RSI reading at . The 50 line could provide if the indicator returns to it.

Moving averages

Moving averages are an important analytical tool that provides traders with a bigger picture of what is happening in the charts by calculating the Fideum average closing price over a set period of time. The relationship between short- and long-term moving averages is crucial in determining the trend’s direction. When the short-term MA moves above the long-term one, it is a sign that the trend is gradually turning bullish.

In the weekly timeframe, Fideum is in a neutral trend since the 50-x MA has crossed below the 200-x MA, and the price is trading above both.

Alternatively, the trend is neutral if the 50-day MA has crossed above the 200-day one, but the price is trading below them (and vice-versa).

MACD

Finally, the MACD uses a Simple Moving Average (SMA) and an Exponential Moving Average (EMA) to more accurately predict the trend. In similar fashion to simple MAs, the relationship between these two is helpful in determining the trend’s direction.

For all these indicators, the weekly time frame is used to determine the long-term trend, the daily time frame is used for the intermediate trend, while the six-hour one is used for the short-term trend.

According to the MACD, in the 1-Week timeframe, Fideum is currently trending since the MACD signal line moved 50 periods ago, and the histogram has been for 50 periods.
Top crypto projects in the US | November 2024
Coinbase Coinbase Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
3Commas 3Commas Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | November 2024
Coinbase Coinbase Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
3Commas 3Commas Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | November 2024

Current Fideum Price

Fideum currently sits at a price of $0.00450625 (FI/USD) with a live market capitalization of 18M. The 24-hour trading volume is 282.5K USD which is a %0.89332 positive. With a circulating supply of 4B, Fideum's price movement is currently positive.

Fideum Fundamental Analysis

Fundamental analysis aims to assess the inherent value of an asset, while technical analysis involves examining statistical patterns in the price and volume of that asset. Both techniques are employed to analyze and predict potential developments in the future price of that asset.

In the case of FI, the most straightforward way to perform fundamental analysis is to look at supply and demand dynamics. Additionally, it is possible to look at the market capitalization amount (18M) and the circulating supply (4B) to arrive at reasonable price assumptions for the future. On the demand side, it is possible to look at on-chain data relating to the number of active and new addresses and transaction count.

What drives the price of Fideum?

There are a number of variables in the cryptocurrency market that can drive the price of Fideum upwards or downwards. The major force behind Fideum’s asset value is the market’s supply and demand. Whether the demand for more FI increases or decreases depends greatly on growing adoption.

Furthermore, significant events such as protocol updates or hard forks may also play a significant role in Fideum’s price.

Another prime factor to consider is whale activity. Large holders of Fideum can greatly impact the price as one large sell order can drop the price significantly. In addition, never underestimate the power of large institutional adoption and political regulations on Fideum’s value.

Summary

It’s important to note some price predictions may appear contradictory. There is no clear-cut method for determining the future value of any cryptocurrency. This is because many factors are involved in price prediction. It’s not uncommon for one announcement to greatly change the trajectory of a coin’s price at any given time. The entire market as a whole can affect one coin’s movement as well as any updates on the project’s technology. Always do your own research before investing in any cryptocurrency.

Frequently Asked Questions

What currencies do you want to convert?

fi fi

$ usd

DISCLAIMER

The services provided herein, including without limitations information, data, and predictions provided on this page, are intended for informational purposes only. The services do not constitute financial, investment, or any other professional advice and do not purport to be. The users are encouraged to consult with a licensed financial advisor before making any financial decisions. The company is not liable for any financial decisions made based on the use of these services.

The user assumes all responsibility and risk for the use of the information on this page. We expressly disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use of the services and any of the contents of this page.