Image of PRT
PRTParrot Protocol
$0.00003006
-1.23%
1D

Parrot Protocol Analysis

Investment Score
A quick view into Parrot Protocol's investment prospects.
7.6

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

What is helping
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Trend Exhaustion Risk: Price is more than 5% extended above EMA50, increasing the risk of a pullback or mean-reversion dip.
Market State Summary
Current regime
Bull Quiet
Confidence: 94%
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 below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
PRT is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 63.34, which is neither overbought nor oversold.
Volatility
Quiet
PRT ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.00003098 - $0.00003381
Support zone
$0.00002304 - $0.00002751
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
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
$0.00002304 - $0.00002751
Resistance zone
$0.00003098 - $0.00003381
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.00002304 - $0.00002751
Support 2$0.00001953 - $0.00002137
Support 3$0.00001682 - $0.00001929
Resistance 1$0.00003098 - $0.00003381
Resistance 2$0.00006284 - $0.00006447
Resistance 3$0.00006475 - $0.00006638
Resistance 4$0.00007457 - $0.00007621
Scenario Analysis
Bullish scenario

PRT clears the resistance zone at $0.00003098 - $0.00003381 and holds above it. That would strengthen the breakout case and shift attention to $0.00006284 - $0.00006447.

Bearish scenario

PRT loses the support zone at $0.00002304 - $0.00002751. That would weaken the setup and open the way toward $0.00001953 - $0.00002137.

Neutral scenario

PRT continues trading between $0.00002751 and $0.00003098. 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
$0.00002668
Bullish
PRT is trading above the 50-day average.
SMA200
$0.00002482
Bullish
PRT remains above the long-term trend line.
EMA50
$0.00002765
Bullish
PRT is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.00002920
Bullish
PRT is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
63.34
Neutral
RSI (14) is at 63.34, which keeps momentum in a balanced range.
Stoch RSI (14)
44.97
Neutral
Stoch RSI (14) is at 44.97, which suggests momentum is active but not yet extreme.
MACD
0.0₅1240
Bearish
MACD is below its signal line.
ATR
4.09%
Quiet
Volatility is below its 180-day median.
VWMA
$0.00003054
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
33.02
Neutral
CCI (20) is at 33.02, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₅3422
Bullish
Awesome Oscillator is above zero at $0.0₅3422, which supports bullish momentum.
Williams Percent Range (14)
-36.52
Neutral
Williams Percent Range (14) is at -36.52, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₆3804
Bullish
Bull Bear Power (13) is positive at $0.0₆3804, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
45.42
Neutral
Ultimate Oscillator is at 45.42, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.00003027
Bullish
PRT is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.00002649
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 Solana (SOL), Bitcoin (BTC), Jupiter (JUP), Gram (prev. Toncoin) (GRAM) and Jito (JTO) and most negatively correlated with the price of TRON (TRX), Tezos (XTZ), Kaspa (KAS), Injective (INJ) and BitTorrent (BTT).

Positively Correlated Currencies
NameCorrelation
Image of SolanaSolana0.634
Image of BitcoinBitcoin0.596
Image of JupiterJupiter0.590
Image of Gram (prev. Toncoin)Gram (prev. Toncoin)0.575
Image of JitoJito0.558
Negatively Correlated Currencies
NameCorrelation
Image of TRONTRON-0.319
Image of TezosTezos-0.274
Image of KaspaKaspa-0.247
Image of InjectiveInjective-0.233
Image of BitTorrentBitTorrent-0.211

Parrot Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.271, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.313. 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.

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