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 July 02, 2024, Polkastarter is trading at approximately 0.4684 USDT. Let’s dive into the detailed price action for POLS-USDT:

Anticipate potential setbacks for Polkastarter (POLSUSDT) at 4.68e-01 USDT through bearish technical analysis, emphasizing weakened support and cautionary indicators.

Metric Value
Open (O) 0.4905
High (H) 0.4933
Low (L) 0.4657
Close (C) 0.4684
Volume (C) 1,303,540.70
  • Open (O): The opening price for today’s trading session was approximately 0.4905 USDT.
  • High (H): Polkastarter reached a daily high of around 0.4933 USDT.
  • Low (L): The daily low for POLS-USDT was approximately 0.4657 USDT.
  • Close (C): At the time of analysis, Polkastarter is trading near its daily close of 0.4684 USDT.
Metric Value
1D Change (%) -4.53%
3D Change (%) -11.66%
7D Change (%) -17.35%
30D Change (%) -32.19%
90D Change (%) -56.80%
YTD Change (%) -48.17%

Over the past three days, POLSUSDT has decreased by approximately -11.66%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around -17.35%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with POLSUSDT maintaining a downward trend of approximately -32.19%, despite intermittent fluctuations. Examining the last 90 days, POLSUSDT has witnessed substantial decrease of approximately -56.80%, reflecting strong long-term confidence. Year-to-date, POLSUSDT has steadily depreciated by around -48.17%, 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 0.67416.
  • Momentum score is -0.26422.

POLS USDT Technical Analysis

Polkastarter Trading Volume:

The trading volume for Polkastarter (POLS) over the past 24 hours has been significant, with approximately 1,303,540.70 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 34.02919. 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 significant trading volume are low signals for potential downward movement.

Anticipate potential setbacks for Polkastarter (POLSUSDT) at 4.68e-01 USDT through bearish technical analysis, emphasizing weakened support and cautionary indicators.

Take the next step in your exploration by delving into our detailed insights on POLS BTC Polkastarter Technical Analysis; it’s a natural follow-up if you enjoyed 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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