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PulseX Price Analysis: Will PLSX Coin Price Remain Profitable?

  • PulseX coin’s trading volume has surged by 381% in the past 24 hours.
  • The PulseX coin’s price has surpassed the 100-day EMA on a daily timeframe.
  • The PulseX coin price jumped by 31% on Monday.

PulseX coin price had been in a strong bearish trend and registered an all-time low of $0.00000225 on November 17, 2023. The PLSX crypto price was facing price rejection in November and December and gave a strong breakout in the first week of January.

The amount of PLSX coins that are circulating in the market or are in public hands is 143.09T PLSX and the fully diluted market cap is $6.40 billion. The maximum and the total supply of the PulseX coin is 143.09 Trillion.

The MACD is at 0.00000257 and the signal line is at 0.00000486 which is above the neutral line. MACD has witnessed a bullish crossover which indicates a strong buying momentum. The RSI is at 81.91 which is in the overbought zone and it favors a strong positive move ahead.

PulseX Price Technical Analysis by Oscillators and Moving Averages

According to the oscillators, the PulseX price is bullish and showing a buying signal. Here, 7 oscillators favor neutral momentum, while 1 gives a sell signal and 3 gives a buy signal. Overall, they point to a buy signal and the price may perform positively in the next few days.

Based on the moving average, the PLSX coin price is strongly bullish, and strong buying momentum is expected. So, one moving average signals neutral momentum, 0 favors selling, and 12 gives a buy signal. According to the data on January 15, 2024, the PulseX crypto price may react positively for the next few days.

PulseX Crypto Price Prediction on a Daily Timeframe

COINBASE: PLSX/USD 1-Day Chart By TradingView

The PulseX price has been performing bearish since mid-2023 as displayed on the chart. In the first week of January 2024, the PLSX coin price surpassed the 20-day moving average and sustained above it.

The PulseX crypto price has jumped by 280% in the last two weeks and the bulls have a strong grip over the price. Recently, the price has surpassed the 100-day moving average and rose by 60% in the next two days.

The PLSX coin price is heading toward the resistance level of $0.0000700 and if it extends to this level then investors may become confident which may lead to an all-time high.

PulseX Crypto Price Prediction FAQs

What is the PulseX coin price prediction today?

The PLSX price is predicted to gain 0.00% to reach $0.0000442 by today.

What is the PLSX price prediction tomorrow?

The PulseX crypto price is predicted to jump 12.61% to reach $0.0000502 by tomorrow.

What is the PLSX coin price prediction for this week?

According to our analysis, the PulseX price is predicted to range between $0.0000354 and $0.0000509 this week.

What is the current PulseX price prediction sentiment?

The current PLSX coin price prediction sentiment is strongly bullish.

Conclusion

The PulseX coin price has been in a strong bullish momentum and the buyers are dominating. Most of the technical indicators are giving bullish signals. Here, investors and traders should wait for the perfect signal for the selling positions. The sellers should gain more strength to bring about a trend reversal.

Technical Levels

Resistance: $0.0000700 & $0.0001000

Support: $0.0000262 & $0.0000175

Disclaimer

Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone is unique, a certified professional should be continually consulted before making any economic decisions.

Ritika Sharma: Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.