tomiNet Gained 24.75% in Last Month and is Predicted to Reach $5.16 By Jun 26, 2023

tomiNet Gained 24.75% in Last Month and is Predicted to Reach $ 5.16 By Jun 26, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • tomiNet is down -3.33% today against the US Dollar
  • TOMI/BTC decreased by -9.13% today
  • TOMI/ETH decreased by -7.96% today
  • tomiNet is currently trading 8.70% below our prediction on Jun 26, 2023
  • tomiNet gained 24.75% in the last month and is up 1,705.00% since 1 year ago
tomiNet price$ 4.71
tomiNet prediction $ 5.16 (9.52%)
Sentiment Bearish
Fear & Greed index 59 (Greed)
Key support levels$ 4.72, $ 4.59, $ 4.47
Key resistance levels$ 4.97, $ 5.09, $ 5.23

TOMI price is expected to rise by 9.52% in the next 5 days according to our tomiNet price prediction

tomiNet price today is trading at $ 4.71 after losing -3.33% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 6.38% in the same time period. TOMI performed poorly against BTC today and recorded a -9.13% loss against the world’s largest cryptocurrency.

According to our tomiNet price prediction, TOMI is expected to reach a price of $ 5.16 by Jun 26, 2023. This would represent a 9.52% price increase for TOMI in the next 5 days.

TOMI Price Prediction Chart

Buy/Sell tomiNet

What has been going on with tomiNet in the last 30 days

tomiNet has been displaying a positive trend recently, as the coin gained 24.75% in the last 30-days. The medium-term trend for tomiNet has been bullish, with TOMI increasing by 129.00% in the last 3 months. The long-term picture for tomiNet has been positive, as TOMI is currently displaying a 1,705.00% 1-year price change. On this day last year, TOMI was trading at $ 0.261045.

tomiNet reached its all-time high price on Jun 06, 2023, when the price of TOMI peaked at $ 9.33. The current TOMI cycle high is $ 5.24, while the cycle low is at $ 3.96. TOMI has been displaying high volatility recently – the 1-month volatility of the coin is at 13.05. tomiNet recorded 18 green days in the last 30 days.

tomiNet technical analysis for today – Jun 21, 2023

The sentiment in the tomiNet markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 4.72, $ 4.59 and $ 4.47, while $ 4.97, $ 5.09 and $ 5.23 are the key resistance levels.

Bearish sentiment for tomiNet

7 indicators are currently signaling a bullish prediction for tomiNet, while 16 indicators are showing a bearish forecast. With 70% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for tomiNet.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 59 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

tomiNet moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how tomiNet is positioned in the market right now.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 4.90 (SELL)$ 4.86 (SELL)
MA5$ 4.96 (SELL)$ 4.88 (SELL)
MA10$ 4.87 (SELL)$ 4.89 (SELL)
MA21$ 4.89 (SELL)$ 4.77 (SELL)$ 2.81 (BUY)$ 3.41 (BUY)
MA50$ 4.15 (BUY)$ 4.24 (BUY)
MA100$ 3.24 (BUY)$ 3.54 (BUY)
MA200
PeriodValueAction
RSI (14)54.43NEUTRAL
Stoch RSI (14)0.00BUY
Stochastic Fast (14)53.32NEUTRAL
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)53.87SELL
Awesome Oscillator (5, 34)0.47NEUTRAL
Momentum (10)-0.22SELL
MACD (12, 26)-0.06NEUTRAL
Williams Percent Range (14)-46.68NEUTRAL
Ultimate Oscillator (7, 14, 28)56.53NEUTRAL
VWMA (10)4.88SELL
Hull Moving Average (9)5.04SELL
Ichimoku Cloud B/L (9, 26, 52, 26)5.49NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for tomiNet is at 54.43, suggesting that TOMI is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of tomiNet over the last 50 days. Currently, tomiNet is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the TOMI closing price for the last 200 days. TOMI is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this tomiNet prediction

After considering the above factors, we can conclude that the current forecast for tomiNet price prediction is Bearish. TOMI would have to increase by 9.52% to hit our $ 5.16 target within the next five days. Moving forward, it will be important to monitor the TOMI market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term tomiNet price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Source: https://coincodex.com/article/28894/tominet-prediction-june-21-2023/