PNT USDT pNetwork Technical Analysis

pNetwork logo In this pNetwork technical analysis, we will examine the current price action, trading volume, key levels and indicators for PNT-USDT. Sure, here are three sentences about pNetwork (PNT) cryptocurrency: pNetwork (PNT) is a decentralized network that enables interoperability between different blockchain ecosystems, allowing for seamless communication and asset transfer between diverse platforms. With its innovative multi-chain architecture, PNT empowers users to access a wide range of decentralized applications and services, fostering a more connected and inclusive digital landscape. By leveraging pNetwork’s interoperability solutions, developers can build and deploy cross-chain dApps, unlocking new possibilities for creativity, collaboration, and innovation in the blockchain space.

pNetwork Price Overview:

As of October 03, 2023, pNetwork is trading at approximately 0.1358 USDT. Let’s dive into the detailed price action for PNT-USDT:

Metric Value
Open (O) 0.1577
High (H) 0.1587
Low (L) 0.1348
Close (C) 0.1358
Volume (C) 15,511,248.00
  • Open (O): The opening price for today’s trading session was approximately 0.1577 USDT.
  • High (H): pNetwork reached a daily high of around 0.1587 USDT.
  • Low (L): The daily low for PNT-USDT was approximately 0.1348 USDT.
  • Close (C): At the time of analysis, pNetwork is trading near its daily close of 0.1358 USDT.
Metric Value
1D Change (%) -14.11%
3D Change (%) -11.36%
7D Change (%) -9.59%
30D Change (%) 50.72%
90D Change (%) 23.57%
YTD Change (%) 0.30%

Over the past three days, PNTUSDT has fallen by approximately -11.36%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around -9.59%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with PNTUSDT maintaining an upward trend of approximately 50.72%, despite intermittent fluctuations. Examining the last 90 days, PNTUSDT has witnessed substantial rise of approximately 23.57%, reflecting strong long-term confidence. Year-to-date, PNTUSDT has steadily appreciated by around 0.30%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

pNetwork Live Chart:

You can access a live price chart for PNT-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 1.44928.
  • Momentum score is 0.50721.

PNT USDT Technical Analysis

pNetwork Trading Volume:

The trading volume for pNetwork (PNT) over the past 24 hours has been insignificant, with approximately 15,511,248.00 USDT traded against PNT. 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): PNT is currently trading above the 50-day SMA, indicating short-term bullish momentum.
  • 200-day Simple Moving Average (SMA): pNetwork is also trading above the 200-day SMA, indicating a positive long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for PNT-USDT is currently in the neutral zone, around 54.02257. This suggests that pNetwork is in range-bound territory.

Analysis from TradingView:

Our Key Takeaways:

pNetwork (PNT-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 neutral RSI and insignificant trading volume are neutral signals for potential sideways movement.

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.