Image of PRT
PRTParrot Protocol
$0.00004213
0.07%
1D

Parrot Protocol Analysis

Investment Score
A quick view into Parrot Protocol's investment prospects.
7.2

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • MACD is confirming the current directional bias.
  • Solid Trend Structure: EMAs are stacked bullishly and price is holding above VWMA, confirming a healthy trend environment.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Momentum is extended, which raises the risk of chasing.
Market State Summary
Current regime
Bull Volatile
Confidence: 88%
Why this state?
  • PRT 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
PRT is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 70.27, which points to stretched upside momentum.
Volatility
Volatile
PRT ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.00004285 - $0.00004548
Support zone
$0.00001695 - $0.00003949
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bullish
ATR%
Volatile
Volume
Low
Support & Resistance

Parrot Protocol 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
$0.00001695 - $0.00003949
Resistance zone
$0.00004285 - $0.00004548
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.00001695 - $0.00003949
Resistance 1$0.00004285 - $0.00004548
Resistance 2$0.00006010 - $0.00006688
Resistance 3$0.00007407 - $0.00007670
Resistance 4$0.00007867 - $0.00008177
Scenario Analysis
Bullish scenario

PRT clears the resistance zone at $0.00004285 - $0.00004548 and holds above it. That would strengthen the breakout case and shift attention to $0.00006010 - $0.00006688.

Bearish scenario

PRT loses the support zone at $0.00001695 - $0.00003949. That would weaken the setup and open the way toward $0.00001695 - $0.00003949.

Neutral scenario

PRT continues trading between $0.00003949 and $0.00004285. 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
$0.00003498
Bullish
PRT is trading above the 50-day average.
SMA200
$0.00002738
Bullish
PRT remains above the long-term trend line.
EMA50
$0.00003543
Bullish
PRT is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.00003159
Bullish
PRT is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
70.27
Overbought
RSI (14) is elevated at 70.27, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
67.19
Neutral
Stoch RSI (14) is at 67.19, which suggests momentum is active but not yet extreme.
MACD
0.0₅2343
Bullish
MACD is above its signal line.
ATR
4.80%
Volatile
Volatility is above its 180-day median.
VWMA
$0.00004005
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
81.27
Neutral
CCI (20) is at 81.27, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₅5670
Bullish
Awesome Oscillator is above zero at $0.0₅5670, which supports bullish momentum.
Williams Percent Range (14)
-18.58
Overbought
Williams Percent Range (14) is near the top of its recent range at -18.58.
Bull Bear Power (13)
$0.0₅2092
Bullish
Bull Bear Power (13) is positive at $0.0₅2092, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
48.37
Neutral
Ultimate Oscillator is at 48.37, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.00004233
Bearish
PRT is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.00003840
Bullish
PRT is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Parrot Protocol

Over the past 7 days, Parrot Protocol price was most positively correlated with the price of SPX6900 (SPX), Monero (XMR), BitTorrent (BTT), PancakeSwap (CAKE) and Convex Finance (CVX) and most negatively correlated with the price of LayerZero (ZRO), Algorand (ALGO), StarkNet (STRK), Artificial Superintelligence Alliance (FET) and Stacks (STX).

Positively Correlated Currencies
NameCorrelation
Image of SPX6900SPX69000.409
Image of MoneroMonero0.291
Image of BitTorrentBitTorrent0.177
Image of PancakeSwapPancakeSwap0.127
Image of Convex FinanceConvex Finance0.114
Negatively Correlated Currencies
NameCorrelation
Image of LayerZeroLayerZero-0.520
Image of AlgorandAlgorand-0.482
Image of StarkNetStarkNet-0.463
Image of Artificial Superintelligence AllianceArtificial Superintelligence Alliance-0.449
Image of StacksStacks-0.440

Parrot Protocol price is negatively correlated with the top 10 coins by market cap with a price of -0.316, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.193. Currencies that are positively correlated with Parrot Protocol 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 Parrot Protocol, a move in one direction for Parrot Protocol would translate into a move in the opposite direction for the negatively correlated coin.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app