PLA BTC PlayDapp Technical Analysis

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By Frans van Elst

PlayDapp logo In this PlayDapp technical analysis, we will examine the current price action, trading volume, key levels and indicators for PLA-BTC. PlayDapp (PLA) is a decentralized gaming platform that utilizes blockchain technology to provide a secure and transparent gaming experience. The platform’s native cryptocurrency, PLA, serves as the primary medium of exchange for in-game transactions and rewards. With its innovative approach to gaming and cryptocurrency integration, PlayDapp is poised to revolutionize the gaming industry while providing a unique investment opportunity for savvy crypto enthusiasts.

PlayDapp Price Overview:

As of May 12, 2024, PlayDapp is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for PLA-BTC:

Navigate the optimistic realm of PlayDapp (PLABTC) at 4.28e-06 BTC with technical analysis pointing to a bullish outlook and potential growth.

Metric Value
Open (O) 0.0
High (H) 0.0
Low (L) 0.0
Close (C) 0.0
Volume (C) 81,674.31
  • Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
  • High (H): PlayDapp reached a daily high of around 0.0 BTC.
  • Low (L): The daily low for PLA-BTC was approximately 0.0 BTC.
  • Close (C): At the time of analysis, PlayDapp is trading near its daily close of 0.0 BTC.
Metric Value
1D Change (%) 8.14%
3D Change (%) 9.67%
7D Change (%) 58.70%
30D Change (%) 3.56%
90D Change (%) -14.05%
YTD Change (%) -7.00%

Over the past three days, PLABTC has increased by approximately 9.67%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 58.70%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with PLABTC maintaining an upward trend of approximately 3.56%, despite intermittent fluctuations. Examining the last 90 days, PLABTC has witnessed substantial drop of approximately -14.05%, reflecting strong long-term confidence. Year-to-date, PLABTC has steadily declined by around -7.00%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

PlayDapp Live Chart:

You can access a live price chart for PLA-BTC on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.

Price Volatility and Momentum:

  • Volatility score is 1.16027.
  • Momentum score is 0.13971.

PLA BTC Technical Analysis

PlayDapp Trading Volume:

The trading volume for PlayDapp (PLA) over the past 24 hours has been insignificant, with approximately 81,674.31 BTC traded against PLA. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.

Moving Averages:

  • 50-day Simple Moving Average (SMA): PLA is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): PlayDapp is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for PLA-BTC is currently in the high zone, around 57.94584. This suggests that PlayDapp is in bullish territory.

Analysis from TradingView:

Our Key Takeaways:

PlayDapp (PLA-BTC) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the BTC monthly resistance level and the BTC support level for potential trading opportunities. Additionally, the high RSI and insignificant trading volume are high signals for potential upward movement.

Navigate the optimistic realm of PlayDapp (PLABTC) at 4.28e-06 BTC with technical analysis pointing to a bullish outlook and potential growth.

Explore more with our thorough insights on PLA USDT PlayDapp Technical Analysis — an essential read if you enjoyed the content of this post.

Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.

Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.

Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.

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