POLS USDT Polkastarter Technical Analysis

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By Frans van Elst

Polkastarter logo In this Polkastarter technical analysis, we will examine the current price action, trading volume, key levels and indicators for POLS-USDT. Polkastarter is a decentralized platform that enables users to create and manage their own token sales and auctions. POLS is the native cryptocurrency of the platform, allowing users to participate in these events and access a wide range of innovative projects. With Polkastarter, users can invest in exciting new projects and receive rewards in the form of POLS tokens.

Polkastarter Price Overview:

As of April 15, 2024, Polkastarter is trading at approximately 0.8245 USDT. Let’s dive into the detailed price action for POLS-USDT:

Envision bearish outlook for Polkastarter (POLSUSDT) at 8.25e-01 USDT with weakened support and cautionary indicators, revealed in technical analysis.

Metric Value
Open (O) 0.8156
High (H) 0.8597
Low (L) 0.8066
Close (C) 0.8245
Volume (C) 853,245.30
  • Open (O): The opening price for today’s trading session was approximately 0.8156 USDT.
  • High (H): Polkastarter reached a daily high of around 0.8597 USDT.
  • Low (L): The daily low for POLS-USDT was approximately 0.8066 USDT.
  • Close (C): At the time of analysis, Polkastarter is trading near its daily close of 0.8245 USDT.
Metric Value
1D Change (%) 1.09%
3D Change (%) -4.53%
7D Change (%) -28.30%
30D Change (%) -7.67%
90D Change (%) -4.18%
YTD Change (%) -8.76%

Over the past three days, POLSUSDT has declined by approximately -4.53%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -28.30%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with POLSUSDT maintaining a downward trend of approximately -7.67%, despite intermittent fluctuations. Examining the last 90 days, POLSUSDT has witnessed substantial drop of approximately -4.18%, reflecting strong long-term confidence. Year-to-date, POLSUSDT has steadily declined by around -8.76%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Polkastarter Live Chart:

You can access a live price chart for POLS-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 0.8538.
  • Momentum score is -0.25229.

POLS USDT Technical Analysis

Polkastarter Trading Volume:

The trading volume for Polkastarter (POLS) over the past 24 hours has been insignificant, with approximately 853,245.30 USDT traded against POLS. 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): POLS is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Polkastarter is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for POLS-USDT is currently in the low zone, around 42.31595. This suggests that Polkastarter is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Polkastarter (POLS-USDT) is currently exhibiting signs of short-term bearish 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 low RSI and insignificant trading volume are low signals for potential downward movement.

Envision bearish outlook for Polkastarter (POLSUSDT) at 8.25e-01 USDT with weakened support and cautionary indicators, revealed in technical analysis.

Take your understanding to the next level with our extensive analysis of POLS BTC Polkastarter Technical Analysis; if you enjoyed this post, you’re in for a treat!

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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