Image of PLAT
PLATPLATINUM
$0.0₁₃8218
0.24%
1D

PLATINUM Analysis

Investment Score
A quick view into PLATINUM's investment prospects.
7.3

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

What is helping
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
  • Price is trading above the Ichimoku base line, which keeps the broader structure supportive.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Quiet
Confidence: 95%
Why this state?
  • PLAT 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
PLAT is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 77.82, which points to stretched upside momentum.
Volatility
Quiet
PLAT ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0₁₃8374 - $0.0₁₃8519
Active zone
$0.0₁₃7884 - $0.0₁₃8292
Support zone
$0.0₁₃7512 - $0.0₁₃7657
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

PLATINUM 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
$0.0₁₃7512 - $0.0₁₃7657
Resistance zone
$0.0₁₃8374 - $0.0₁₃8519
Active zone
$0.0₁₃7884 - $0.0₁₃8292
Levels Table
LevelZoneStrength
Support 1$0.0₁₃7512 - $0.0₁₃7657
Support 2$0.0₁₃6728 - $0.0₁₃6873
Support 3$0.0₁₃6433 - $0.0₁₃6591
Support 4$0.0₁₃4779 - $0.0₁₃5051
Resistance 1$0.0₁₃8374 - $0.0₁₃8519
Resistance 2$0.0₁₃8573 - $0.0₁₃8719
Resistance 3$0.0₁₃8973 - $0.0₁₃9118
Resistance 4$0.0₁₃9259 - $0.0₁₃9404
Active 1$0.0₁₃7884 - $0.0₁₃8292
Scenario Analysis
Bullish scenario

PLAT clears the resistance zone at $0.0₁₃8374 - $0.0₁₃8519 and holds above it. That would strengthen the breakout case and shift attention to $0.0₁₃8573 - $0.0₁₃8719.

Bearish scenario

PLAT loses the support zone at $0.0₁₃7512 - $0.0₁₃7657. That would weaken the setup and open the way toward $0.0₁₃6728 - $0.0₁₃6873.

Neutral scenario

PLAT continues trading between $0.0₁₃7657 and $0.0₁₃8374. 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
$0.0₁₃6820
Bullish
PLAT is trading above the 50-day average.
SMA200
$0.0₁₃5727
Bullish
PLAT remains above the long-term trend line.
EMA50
$0.0₁₃6949
Bullish
PLAT is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0₁₃6593
Bullish
PLAT is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
77.82
Overbought
RSI (14) is elevated at 77.82, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
21.38
Neutral
Stoch RSI (14) is at 21.38, which suggests momentum is active but not yet extreme.
MACD
0.0₁₄4592
Bearish
MACD is below its signal line.
ATR
1.77%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0₁₃7330
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
50.25
Neutral
CCI (20) is at 50.25, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₁₄8779
Bullish
Awesome Oscillator is above zero at $0.0₁₄8779, which supports bullish momentum.
Williams Percent Range (14)
-34.38
Neutral
Williams Percent Range (14) is at -34.38, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₁₅3844
Bullish
Bull Bear Power (13) is positive at $0.0₁₅3844, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
70.09
Overbought
Ultimate Oscillator is elevated at 70.09, which suggests multi-timeframe momentum may be overheated.
Hull Moving Average (9)
$0.0₁₃8238
Bearish
PLAT is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0₁₃7580
Bullish
PLAT is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to PLATINUM

Over the past 7 days, PLATINUM price was most positively correlated with the price of Pi Network (PI), PancakeSwap (CAKE), XDC Network (XDC), Flare (FLR) and Mantle (MNT) and most negatively correlated with the price of Cardano (ADA), Artificial Superintelligence Alliance (FET), Floki Inu (FLOKI), Virtuals Protocol (VIRTUAL) and KuCoin Token (KCS).

Positively Correlated Currencies
NameCorrelation
Image of Pi NetworkPi Network0.592
Image of PancakeSwapPancakeSwap0.491
Image of XDC NetworkXDC Network0.396
Image of FlareFlare0.326
Image of MantleMantle0.326
Negatively Correlated Currencies
NameCorrelation
Image of CardanoCardano-0.780
Image of Artificial Superintelligence AllianceArtificial Superintelligence Alliance-0.758
Image of Floki InuFloki Inu-0.756
Image of Virtuals ProtocolVirtuals Protocol-0.744
Image of KuCoin TokenKuCoin Token-0.677

PLATINUM price is negatively correlated with the top 10 coins by market cap with a price of -0.345, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.255. Currencies that are positively correlated with PLATINUM 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 PLATINUM, a move in one direction for PLATINUM 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