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- 1 The PooCoin crypto price is trading above the 50 and 200-day EMA levels, showcasing bullishness.
- 2 POO crypto’s price is growing by almost 58.26% in the last three months.
PooCoin, a digital asset on the Binance Smart Chain, enhances the user experience with its dedicated app, which offers advanced charting and portfolio oversight tailored for the chain’s ecosystem. The app has undergone several updates to refine its capabilities and introduce novel functionalities. Notably, it now features an inline entry point visualization on charts, simplifying trade monitoring.
Additionally, PooCoin incorporates a ‘rug check’ tool to verify token legitimacy and a direct token swapping feature within the app itself. It also aggregates various BSC-related tools on a single external page and includes a developer wallet scrutiny function to detect suspicious activities.
For those invested in the platform, PooCoin provides exclusive benefits to its token holders. Maintaining a minimum of $100 in POOCOIN/BNB liquidity grants the ability to observe other traders’ wallets and an ad-free experience. A stake of $300 enhances this with trade display capabilities and access to a detailed wallet transaction panel. At the pinnacle, a $2000 investment in liquidity unlocks access to data on trending sites and tokens across expanded timeframes, as well as insights into the top 100 tokens by popularity.
Technical Analysis of PooCoin Cryptocurrency Price
The daily technical chart for POOCOIN price prediction indicates a bullish trend. The chart shows an impressive increase of around 145.26% this week, and the technicals are also giving a strong signal to buy.
POOCOIN’s performance this year has been remarkable, with the cryptocurrency providing a fantastic return of 42% compared to last year. Since the beginning of the year, POOCOIN has generated returns of 46.40%, and it has gained almost 145.26% in the last six months. Over the past three months, POOCOIN has grown by nearly 58%, and this week, the price has shown an upward trend of around 0.32%.
Currently, POOCOIN is trading at the level of $0.4409, with an intraday gain of almost 0.62% and a 24-hour trading volume of $2.21 K. The crypto’s current market capitalization is $2.24 Million, and it has a total circulating supply of 120.17 Million POOCOIN.
According to the technical summary on TradingView, out of 26 indicators, 10 are on the sell side, nine are neutral, and seven are on the buy side. The technicals are indicating extreme bearishness.
At the time of publishing, POOCOIN crypto is trading above the 50 and 200-day EMAs (exponential moving averages), supporting the price trend. The current value of RSI is 50.82 points. The 14 SMA is above the median line at 52.41 points, indicating that the POOCOIN crypto is bearish.
However, if buying volume adds up, the price might conquer new levels and new highs on the daily technical chart.
Summary
POOCOIN has shown impressive growth in the past few months and is currently trading at $0.4409 with an intraday gain of almost 0.62%. The technical chart indicates a bullish trend, with the technicals giving a strong signal to buy. POOCOIN has generated returns of 46.40% this year and has gained almost 145.26% in the last six months. The EMAs support the price trend, but the RSI value indicates that the POOCOIN crypto is bearish. However, if buying volume adds up, the price might conquer new levels and new highs on the daily technical chart.
Technical Levels
Support Levels: $0.4157.
Resistance Levels: $0.4857.
Disclaimer
This article is for informational purposes only and does not provide any 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 own research before making any financial decisions.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
