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2021-03-19

NPXS skyrocketed by155% In the Past Week- Technical Analysis

NPXS

Pundi (NPXS) is a blockchain-based network that provides point-of-sale solutions to make online payments faster and secure. Pundi has built robust partnerships with companies, payment companies, and retailers to achieve higher scalability and faster growth. NPXS is the prime governance token of this ecosystem. Past Performance On March 13, 2021, the opening price of NPXS was $0.0022. As of March 19, 2021, the closing price of NPXS was $0.0056. In short, the price skyrocketed by a whopping 155%, in the past week. In the last 24 hours, NPXS was trading between $0.0045 and $0.008. https://ift.tt/3rd0DqN Day-Ahead and Tomorrow Currently, NPXS is trading at $0.0073. The price has risen from the opening price of $0.0056. Thus, the market seems positive. Both the MACD and signal lines are positive. Thus, the overall market momentum is bullish. However, a bearish crossover by the MACD line over the signal line has occurred. Thus, we can expect a price pullback amidst an overall price uptrend. Currently, the RSI indicator is at 49%. It faced a bullish swing rejection at 40% and started rallying thereafter. Thus, buying pressures are increasing. Hence, we can expect the price to rise further. The OBV indicator was rising continually but for the past few minutes, it has been falling. The price trend is moving in the same direction as the OBV indicator. Thus, selling volumes are increasing and the price is declining. Hence, the OBV indicator is also showing a price pullback. NPXS Price Analysis Presently, the price is above the Fibonacci pivot point of $0.006. In some time, we can expect it to surpass the first Fibonacci pivot level of $0.0074, as the price uptrend is still strong. Currently, the price has tested and fallen below 23.6% FIB retracement level of $0.0072. As the bullish trend is still strong, we can expect the price to retest and break out of this level in some time. In that case, we can be assured that the bull-run will continue today and tomorrow.

The post NPXS skyrocketed by155% In the Past Week- Technical Analysis appeared first on Cryptoknowmics-Crypto News and Media Platform.



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