FRED is trading at $0.00043, down 3.78% over 24 hours with $8.21K in volume.

FRED Price Action Analysis

First Convicted RACCON (FRED) is currently trading at $0.00043, having fell 3.78% over the last 24 hours in a volatile market environment. 24-hour trading volume stands at $8.21K. The price is currently below the lower Bollinger Band ($0.00043), indicating significant selling pressure.

FRED Trading Activity & Liquidity

Hourly trading data is not yet available for FRED. Available liquidity for FRED is $132.07K.

FRED Technical Analysis Summary

On the 1-hour timeframe, technical analysis generates a 'Sell' signal with Medium confidence. The Average Directional Index (ADX) of 28.5 suggests a strong prevailing trend. The Relative Strength Index (RSI) is currently 43.6, residing in neutral territory. Other oscillators like Stochastic %K (64.1) is neutral, CCI (-6.7) is neutral, Williams %R (-23.3) is neutral provide further context on short-term price momentum. The MACD indicator shows bullish momentum, with the MACD line (-0.0000049) above the signal line (-0.0000060) and a positive histogram (0.0000011).

FRED Price Prediction & Market Sentiment

The current outlook suggests that the short-term sentiment for FRED appears cautiously pessimistic. FRED might need to rebuild momentum. Support near $0.00043 (lower Bollinger Band) could provide a floor. Current liquidity is $132.07K. The price is currently below the 20-period EMA ($0.00043), which reinforces the bearish outlook.