Pendle Price Back On Track As Derivative Traders Step In Pendle Pendle Price Back On Track As Derivative Traders Step In
Pendle price noted a strong breakout from an interesting pattern over the daily chart.
The price DAA divergence metrics illustrate a positive divergence indicating a bullish domination.
After lots of efforts, Pendle has finally aligned itse
Trading activity
Transactions 10
BuysSells
19
Volume 250USD
Buys volumeSells volume
23227
Traders 5
BuyersSellers
14
Decoding Price Outlook Amid Listing News By UpBit
From the ATL of $0.475 marked in 2023 last quarter, the price had marked an ATH of $7.53, with humongous gains of more than 1400%.
The struggle to sustain the price led to a plummet in a falling wedge. Similarly, the global red market sentiment accelerated the fall and dipped early to the demand
Pendle (PENDLE)Pendle (PENDLE)
Pendle crypto was headed downwards for the fourth consecutive sessions. The strong selling pressure after the breakdown of the 50 day EMA has dragged the price closer to a trendline support. At the time of writing, the PENDLE crypto was exchanging hands close to $5.08 incurring a 7%
Pendle crypto asset could start a bearishThe Pendle crypto price was in the bull court from the beginning of the year 2024 and skyrocketed from the price of $1.0 to $7.5 by April 11th, 2024. It has achieved good performance in the last week, month, and quarter by 6.81%, 120.72%, and 282.98% respectively, implying a robust upward direction
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy