In this PlayDapp technical analysis, we will examine the current price action, trading volume, key levels and indicators for PLA-USDT. PlayDapp (PLA) is a decentralized gaming platform that leverages blockchain technology to provide a secure and transparent gaming experience. With PLA, players can purchase in-game items and assets using cryptocurrency, creating a more immersive and interactive gaming environment. Additionally, PlayDapp’s innovative use of non-fungible tokens (NFTs) allows for unique digital ownership and trading of virtual assets within the platform.
PlayDapp Price Overview:
As of July 05, 2024, PlayDapp is trading at approximately 0.2347 USDT. Let’s dive into the detailed price action for PLA-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.2262 |
| High (H) | 0.238 |
| Low (L) | 0.2223 |
| Close (C) | 0.2347 |
| Volume (C) | 3,231,600.16 |
- Open (O): The opening price for today’s trading session was approximately 0.2262 USDT.
- High (H): PlayDapp reached a daily high of around 0.238 USDT.
- Low (L): The daily low for PLA-USDT was approximately 0.2223 USDT.
- Close (C): At the time of analysis, PlayDapp is trading near its daily close of 0.2347 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 3.71% |
| 3D Change (%) | 9.32% |
| 7D Change (%) | 55.02% |
| 30D Change (%) | 24.11% |
| 90D Change (%) | 15.50% |
| YTD Change (%) | 10.92% |
Over the past three days, PLAUSDT has increased by approximately 9.32%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 55.02%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with PLAUSDT maintaining an upward trend of approximately 24.11%, despite intermittent fluctuations. Examining the last 90 days, PLAUSDT has witnessed substantial increase of approximately 15.50%, reflecting strong long-term confidence. Year-to-date, PLAUSDT has steadily increased by around 10.92%, 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-USDT 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 1.02839.
- Momentum score is 0.34808.
PLA USDT Technical Analysis
PlayDapp Trading Volume:
The trading volume for PlayDapp (PLA) over the past 24 hours has been insignificant, with approximately 3,231,600.16 USDT 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 above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): PlayDapp is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for PLA-USDT is currently in the high zone, around 64.97063. This suggests that PlayDapp is in bullish territory.
Analysis from TradingView:
Our Key Takeaways:
PlayDapp (PLA-USDT) is currently exhibiting signs of short-term bullish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the high RSI and insignificant trading volume are high signals for potential upward movement.
Embrace a bullish sentiment for PlayDapp (PLAUSDT) at 2.20e-01 USDT as technical analysis emphasizes strong support and positive indicators for potential growth.
Don’t skip our thorough exploration of PLA BTC PlayDapp Technical Analysis if you resonated with this post; it’s the perfect next step for deeper understanding.
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.