Phemex Analysis #61: How to Trade Phemex Token (PT) Like a ProThe Phemex Token (PT), like many other cryptocurrencies, has faced a significant decline, dropping nearly 50% to $0.86 since November 26th. This sharp correction aligns with the broader bearish trend across the crypto market.
However, if we dig deeper, there’s a key bullish signal—over 59% of PT ho
Phemex Analysis #39: PT Returns 2763% in 1 Year time!Phemex Token (PT) has celebrated its one-year anniversary on November 30th, 2024. Since its inception at $0.06, PT has delivered a remarkable 2763% return, reaching a peak of $1.658. This impressive performance has solidified PT's position as a high-growth token with significant potential.
A Year
Phemex Analysis #33: Phemex Token Shows Strong Bullish Reversal!PHEMEX:PTUSDT.P (PT) reached a new all-time high of $1.45 on September 27th, 2024. However, a subsequent decline in Bitcoin's price dragged PT down to $1.12.
Recently, PT has exhibited two strong bullish reversal signals:
(I) Higher Low Formation: On October 23rd, PT formed a higher low at $1.18
Phemex Analysis #25: PT going for New ATH?!PHEMEX:PTUSDT.P has been making waves in the crypto market, and its recent price action has caught the attention of many investors. After a healthy retracement to the $0.93 level, PT staged a powerful comeback, rallying by a substantial 40% to its current trading price of $1.34. This surge has bro
Phemex Analysis 19: PT _ Poised for the Next Move?After reaching an all-time high (ATH) of $1.377 on July 15th, PHEMEX:PTUSDT.P price declined along with the broader crypto market to a low of $0.942. However, PT rebounded by 32% during August, reaching $1.249. Currently, the price is trading between $1.10 and $1.20.
This post will analyze Phemex
PHEMEX - a coin you dont want to miss!This a coin like NAKA which was a great performer in the past, we have seen PHEMEX broke the 1$ level and sitting around 1.2$ consolidating the previous rally.The coin doesnt have a fixed target price, we will follow it as much as possible from where we bought it (around 1$), after this consolidatio
Phemex Analysis #9: PT - Unbelievable Gain & Resilience!In this post, we will break down PHEMEX:PTUSDT (PT)'s price performance since its launch, its gains, its resilience, its potential future price movement, and finally, trading suggestions.
Overview of PT's Performance
Launch and Initial Growth
Launch Date: November 30th, 2023
Initial Price: $0.0
Phemex Token (PTUSDT) Poised for a PullbackPT, the native token of the Phemex exchange (which I highly recommend for contract trading, by the way), has been on an impressive uptrend across higher timeframes since its listing on Spot six months ago and its recent entry on Futures just a couple of weeks back. Currently at its all-time high (AT
PT is preparing for its first run! Buckle upFundamental Data
Chain: Ethereum (Main), Optimism (Staking)
Pre-Mining start: 6th July 2023
Token Launch: 30th November 2023
Total Supply: 1,000,000,000 PT
Diluted Market Cap: $699,200,000
Use Case: Governance, Staking, Fee Reduction
Current Staking Yield (1 Year): 41.41%
Misc: Da
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Summarizing what the indicators are suggesting.
Oscillators
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Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.