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ThecoinrepublicCryptocurrencyPRO Looks Bullish; Can Bulls Continue to...
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PRO Looks Bullish; Can Bulls Continue to Stretch Gains Above $3?

The PRO token (Propy) price kept increasing and continued extending the gains, delivering an uptrend on the charts. Moreover, the price action indicates the follow-on buying momentum, and the token reflects the bulls’ dominance. For the past sessions, buyers continued to make positions fresh; higher structure was noted on the charts.

At press time, the Propy token (PRO) price traded at $3.01 with an intraday drop of 17.89%, reflecting neutrality on the charts. It has a monthly return ratio of 307.89% and 402.12% on a yearly basis. The pair of PRO/BTC is at 0.0000467 BTC, and the market cap is $171.22 Million. Analysts are neutral and suggest that the PRO token may continue to deliver bullish waves and will exceed the upside region of $4 shortly.

PRO Token Price Volume Profile On Daily Charts 

The PRO token price signifies follow-on buying momentum and is trading in the bullish region. Moreover, the token has persisted in stretching the gains and is trading above the significant moving averages. However, the token needs a retracement to continue the sensation and may retest the $2.50 mark shortly. The intraday trading volume dropped over 12.90% to $20.65 million.

Price Volatility and Sentiment Overview

Followed by the price-up move, the price volatility curve spiked and rolled above the midline, beyond the 0.057 mark. Conversely, the weighted sentiment data witnessed an antagonistic stance, with the value noted around -0.95.

Social Dominance and Twitter Followers Insights

The Social Dominance noted a decline over 31.90% to 0.315%, replicating a decrease in the discussion reports on media platforms this week. However, the Twitter followers’ data noted a stable move and stuck around 909.

Development Data Activity and Holding Data Insights

Per the charts, the development data witnessed a spike of over 3.89%, noted around 7.68, glimpsing a positive outlook. Furthermore, the total amount of holders’ value also looks positive, and a massive spike was noted; the value reached 14.6k.

Per the Fib levels, the PRO price is trading above the 50% zone and is witnessing an uptrend on the charts. Furthermore, the RSI curve stayed in the overbought zone, but a negative crossover was noted on the charts.

The total supply of the PRO token is 100 Million, whereas the volume-to-market cap ratio is 0.121, and it ranked 282 in terms of market cap in the global crypto market.

Summary

The Propy token (PRO) price witnesses follow on buying momentum and is trading above its key EMA levels. Moreover, the token is trading in the bullish region, and buyers anticipate crossing the $4 mark ahead.

Technical Levels

Support Levels: $2.70 and $2.20

Resistance Levels: $3.20 and $4

Disclaimer

The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice. 

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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