Image of PALM
PALMPalmPay
$0.07033
-23.09%
1D

PalmPay Analysis

Investment Score
A quick view into PalmPay's investment prospects.
7.8

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Volatile
Confidence: 95%
Why this state?
  • PALM is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
PALM is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 48.32, which is neither overbought nor oversold.
Volatility
Volatile
PALM ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.08162 - $0.1356
Active zone
$0.002072 - $0.07286
Support zone
$0.03821 - $0.07048
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
Support & Resistance

PalmPay support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.03821 - $0.07048
Resistance zone
$0.08162 - $0.1356
Active zone
$0.002072 - $0.07286
Levels Table
LevelZoneStrength
Support 1$0.03821 - $0.07048
Resistance 1$0.08162 - $0.1356
Resistance 2$0.1460 - $0.2063
Active 1$0.002072 - $0.07286
Scenario Analysis
Bullish scenario

PALM clears the resistance zone at $0.08162 - $0.1356 and holds above it. That would strengthen the breakout case and shift attention to $0.1460 - $0.2063.

Bearish scenario

PALM loses the support zone at $0.03821 - $0.07048. That would weaken the setup and open the way toward $0.03821 - $0.07048.

Neutral scenario

PALM continues trading between $0.07048 and $0.08162. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.04648
Bullish
PALM is trading above the 50-day average.
SMA200
$0.02626
Bullish
PALM remains above the long-term trend line.
EMA50
$0.05720
Bullish
PALM is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.03248
Bullish
PALM is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
48.32
Neutral
RSI (14) is at 48.32, which keeps momentum in a balanced range.
Stoch RSI (14)
10.27
Oversold
Stoch RSI (14) is low at 10.27, which shows momentum is pressing near its recent lower extreme.
MACD
0.02055
Bearish
MACD is below its signal line.
ATR
35.22%
Volatile
Volatility is above its 180-day median.
VWMA
$0.08352
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
12.09
Neutral
CCI (20) is at 12.09, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.05571
Bullish
Awesome Oscillator is above zero at $0.05571, which supports bullish momentum.
Williams Percent Range (14)
-66.11
Neutral
Williams Percent Range (14) is at -66.11, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.004494
Bearish
Bull Bear Power (13) is negative at $-0.004494, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
34.22
Neutral
Ultimate Oscillator is at 34.22, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.09855
Bearish
PALM is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.09556
Bearish
PALM is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to PalmPay

Over the past 7 days, PalmPay price was most positively correlated with the price of OKB (OKB), Decred (DCR), Nexo (NEXO), Polkadot (DOT) and Solana (SOL) and most negatively correlated with the price of Midnight (NIGHT), Jupiter (JUP), JUST (JST), Beldex (BDX) and World Liberty Financial (WLFI).

Positively Correlated Currencies
NameCorrelation
Image of OKBOKB0.844
Image of DecredDecred0.842
Image of NexoNexo0.828
Image of PolkadotPolkadot0.827
Image of SolanaSolana0.824
Negatively Correlated Currencies
NameCorrelation
Image of MidnightMidnight-0.586
Image of JupiterJupiter-0.379
Image of JUSTJUST-0.276
Image of BeldexBeldex-0.249
Image of World Liberty FinancialWorld Liberty Financial-0.185

PalmPay price is positively correlated with the top 10 coins by market cap with a price of 0.664, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.623. Currencies that are positively correlated with PalmPay indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with PalmPay, a move in one direction for PalmPay would translate into a move in the opposite direction for the negatively correlated coin.

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