Pundi is a blockchain-based PoS (Point-of-Scale) solution for faster and more secure payments using digital currency. NPXS is its customized token. NPXS will be soon renamed PUNDIX. The token redenomination swap will take place on March 30, 2021. Past Performance On March 18, 2021, the opening price of NPXS was $0.0035. As of March 24, 2021, NPXS closed at $0.0075. Thus, in the past week, the NPXS price has surged by approximately 114%. In the last 24 hours, NPXS was trading between $0.0062-$0.0087. https://ift.tt/3lNM9fP Day-Ahead and Tomorrow Currently, NPXS is trading at $0.0074. Thus, the price has slightly dropped from the opening price of $0.0075. Thus, price corrections seem to be happening in the NPXS market. The A/D indicator sharply rose in the past 24 hours. Now, it has started declining slightly. However, whale accumulations are still very high. Thus, we can expect a temporary price pullback amidst an overall bullish trend. The MACD and signal lines have just turned positive. Thus, the market momentum is slowly turning bullish. However, a bearish crossover by the MACD line over the signal line has occurred. Thus, we cannot rule out a brief price drop before the price starts rallying again. Presently, the RSI indicator is at 49%. It faced rejection at 54%. Thus, selling pressures are high. Hence, we can expect a price dip. However, since the other oscillators have pointed towards a bullish trend, the price fall may be temporary. NPXS Price Analysis The price has fallen below the Fibonacci pivot point of $0.0075. As the oscillators have indicated a price pullback, the price may fall up to the first support level of $0.0065 before resuming its upward journey. The price is nearing the 61.8% FIB retracement level of $0.0072 and may fall below it soon. It may also fall below the 76.4% FIB retracement level of $0.0068 in some time before resuming its upward movement. However, if the price does not start rising, then probably a downtrend has set in. In that case, we may expect the downtrend to continue tomorrow as well.
The post NPXS Surged 114% Last Week, Bearish Today – Technical Analysis appeared first on Cryptoknowmics-Crypto News and Media Platform.
from Live Crypto News – Cryptoknowmics-Crypto News and Media Platform
