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- 1 The Pulsechain asset price portrays bullish characteristics as MACD is above the zero line.
- 2 In the past 24 hours, the PLSX cryptocurrency price has experienced a significant surge of 462.20% and was at $0.00010047 at press time.
Pulsechain has a secure network of validators that are spread out across the globe in the community. It is a blockchain with multiple blocks that is similar to Ethereum’s cryptos blockchain but considered cutting-edge. The key difference between Pulsechain and Ethereum is that Pulsechain facilitates faster transactions and consistently lower fees.
According to the Go Pulse website, the supply is 136 Trillion and the market cap is $10 Billion.
The PLSX/USDC crypto token is demonstrating strong bullish strength and more rising tendency as it is trying hard to maintain above the 20-day and 50-day EMAs and shows giant spikes on the chart.
The Pulsechain asset price portrays bullish characteristics as MACD is above the zero line. MACD is at 0.0000033417, the signal line is at 0.0000029600, and the histogram is at -0.0000003816.
The RSI is above 50, the curve is at 61.91, and the 14-SMA is at 53.96, signifying that the PLSX crypto is still in a positive area and can extend further upwards.
Can PLSX Price Boost Upward Soon?
The Pulsechain asset price is demonstrating bullish qualities and can ascend further upwards in the upcoming future sessions. It has illustrated good performance in the last week, month, and three months by 462.20%, 28.31%, and 122.43%, respectively.
In the past 24 hours, the PLSX cryptocurrency has experienced a significant surge of 462.20% and is presently valued at $0.00010047. The daily chart indicates a strong bullish candle pattern, and the sudden price increase signals a bullish sentiment.
Therefore, the Pulsechain crypto has been showing signs of a strong comeback as the price recovered from a critical level of around $0.000012825 on the daily chart.
The PLSX cryptocurrency seems poised for significant growth as it prepares to break through its resistance level, potentially surging to new heights from where it is currently finding support.
Therefore, if the demand for the asset surges with great momentum, the asset price could advance more from the current level. The next goal for the crypto price could be to reach $0.000200000.
In case the value of the PLSX token cannot maintain above the $0.0000128250 mark, it may experience a further decrease.
Summary
The technical analysis displays that the PLSX token is portraying a bullish scenario on the chart, and more bullish possibilities are expected in the upcoming sessions. The indicators are highlighting bullish conditions, at the time of publishing.
Therefore, if the demand for the PLSX asset surges with great momentum, the cryptocurrency price could surge more from the current level. The next goal for the crypto price could be to reach $0.000200000.
Technical Levels
Support Levels: $0.0000128250
Resistance Levels: $0.000200000
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.
