Price Action
In the week prior, the price for Pundi X went up by 20.28%. It is above its 20 day moving average by 30.48%, so it’s very far away. Pundi X’s bullish momentum, determined by its distance from its 20 day moving average, is well above average relative to its peers, and thus may be a sign the market for the coin is overheating and due to correct downwards. In terms of volatility, Pundi X exhibits greater price volatility than approximately 85% of coins in our index, so bear that in mind if you decide to trade it. If volatility over the past three weeks is any indication of what’s to come, we can expect Pundi X to bounce between 0.0005129227 and $0.0009616473 US dollars per coin. (CryptoCoin.News)
In the week prior, the price for Pundi X went up by 20.28%. It is above its 20 day moving average by 30.48%, so it’s very far away. Pundi X’s bullish momentum, determined by its distance from its 20 day moving average, is well above average relative to its peers, and thus may be a sign the market for the coin is overheating and due to correct downwards. In terms of volatility, Pundi X exhibits greater price volatility than approximately 85% of coins in our index, so bear that in mind if you decide to trade it. If volatility over the past three weeks is any indication of what’s to come, we can expect Pundi X to bounce between 0.0005129227 and $0.0009616473 US dollars per coin. (CryptoCoin.News)