- The Pixels crypto price has surged 29% in the last 24 hours.
- This cryptocurrency’s trading volume has increased by 109% in the last 24 hours.
The Pixels (PIXEL) price has witnessed a strong bullish trend and recorded an all-time high of $0.7531 today. It has been struggling between $0.500 and $0.600 for the last three weeks. Today, it has been pumped by 20% by today and surpassed the resistance level of $0.600.
Current Price – $0.733 Price Prediction – $0.902 (21.84%)
Market cap – $566.24 million Fear & Greed Index – 84 (Extreme Greed)
Volume – $236.56 million Green Days – 10/19 (53%)
Sentiment – Bullish RSI – 71
Volatility – 0.67 20-Day EMA – $0.551
According to the technical analysis, the Pixels price is predicted to gain 21.84% to reach $0.902 by March 14, 2024. The fear and greed index is 84 (extreme greed), and the volatility is 0.67. The Pixels crypto price has remained bullish for 10 days in the last 19 days.
The circulating supply of Pixels is 771,041,667 PIXEL, and the fully diluted market cap is $3.91 billion. The total supply and maximum supply is 5,000,000,000 PIXEL. The market capitalization is $566.24 million, and the trading volume for the last 24 hours is $236.56 million.
PIXEL Crypto Price vs Volume vs Market Capitalization
Based on the price, volume, and market cap graph for Pixels, the volume has been declining for the last few days, but the price and market cap have not dropped much. The volume has witnessed a positive spike and the price has also grown a lot. The price has surged with strong buying momentum, but volume has not risen much, so a correction in the short term can be seen.
PIXEL Price Prediction on Daily Timeframe
The current market price of Pixels is $0.7850, with an intraday gain of 29%. The Pixels crypto price chart displays buyers’ dominance. The price has surpassed the resistance level of $0.600 and is running the current candle.
Buyers may show interest if the price sustains the $0.600 mark, and buying momentum can be seen. It is at an all-time high, and bulls are in grip; due to the buying pressure, the price may approach the $1 mark in the next few days.
If the PIXEL price fails to sustain the high and the next candle shows the price rejection, sellers may panic, which may show its impact on the chart. If the price slips below the $0.700 level and sustains, it will erode the previous gains.
The PIXEL Crypto Price Has Triggered a Breakout from the Parallel Channel
In a 4-H time frame, the Pixels price has been struggling in a parallel channel, triggering a breakout. The breakout candlestick was 21%, and the trading volume increased by 109% in just a few hours.
If the chart structure attracts investors, it may continue the bullish trend and look for the $1 mark. If the price declines a little bit and triggers a pullback, then buying momentum for the short term can be expected.
On the other hand, if the PIXEL price fails to sustain the high and declines below the $0.700 mark, it may melt back into the parallel channel.
Conclusion
Based on the technical analysis and market trends, the Pixels crypto price is currently in a strong bullish trend. The price has surged to an all-time high, and the trading volume has also increased significantly. The fear and greed index is at an extreme level of greed, indicating strong buying momentum in the market. While a short-term correction may be possible, the overall trend suggests that the price may reach the $1 mark shortly.
Technical Levels
Resistance: $0.790 & $0.808
Support: $0.630 & $0.470
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.