Image of PTX
PTXPlatinX
$0.0003894
0.00%
1D

PlatinX Analysis

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

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

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.
  • 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: 87%
Why this state?
  • PTX 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
PTX is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 92.59, which points to stretched upside momentum.
Volatility
Quiet
PTX ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0003987 - $0.0004046
Support zone
$0.0003796 - $0.0003826
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

PlatinX 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
$0.0003796 - $0.0003826
Resistance zone
$0.0003987 - $0.0004046
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0003796 - $0.0003826
Support 2$0.0003521 - $0.0003552
Support 3$0.0003384 - $0.0003414
Support 4$0.0003343 - $0.0003362
Resistance 1$0.0003987 - $0.0004046
Resistance 2$0.0004276 - $0.0004306
Resistance 3$0.0004576 - $0.0004606
Resistance 4$0.0004835 - $0.0004865
Scenario Analysis
Bullish scenario

PTX clears the resistance zone at $0.0003987 - $0.0004046 and holds above it. That would strengthen the breakout case and shift attention to $0.0004276 - $0.0004306.

Bearish scenario

PTX loses the support zone at $0.0003796 - $0.0003826. That would weaken the setup and open the way toward $0.0003521 - $0.0003552.

Neutral scenario

PTX continues trading between $0.0003826 and $0.0003987. 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
$0.0003395
Bullish
PTX is trading above the 50-day average.
SMA200
$0.0003201
Bullish
PTX remains above the long-term trend line.
EMA50
$0.0003503
Bullish
PTX is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0003615
Bullish
PTX is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
92.59
Overbought
RSI (14) is elevated at 92.59, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.00001582
Bearish
MACD is below its signal line.
ATR
0.6064%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0003798
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
46.97
Neutral
CCI (20) is at 46.97, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.00003754
Bullish
Awesome Oscillator is above zero at $0.00003754, which supports bullish momentum.
Williams Percent Range (14)
-40.42
Neutral
Williams Percent Range (14) is at -40.42, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₅5059
Bullish
Bull Bear Power (13) is positive at $0.0₅5059, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
29.34
Oversold
Ultimate Oscillator is weak at 29.34, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.0003894
Bullish
PTX is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0003557
Bullish
PTX is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to PlatinX

Over the past 7 days, PlatinX price was most positively correlated with the price of Ethena (ENA), Avalanche (AVAX), Immutable X (IMX), Tezos (XTZ) and Injective (INJ) and most negatively correlated with the price of Pi Network (PI), LEO Token (LEO), SPX6900 (SPX), Beldex (BDX) and Curve DAO Token (CRV).

Positively Correlated Currencies
NameCorrelation
Image of EthenaEthena0.722
Image of AvalancheAvalanche0.700
Image of Immutable XImmutable X0.683
Image of TezosTezos0.679
Image of InjectiveInjective0.662
Negatively Correlated Currencies
NameCorrelation
Image of Pi NetworkPi Network-0.318
Image of LEO TokenLEO Token-0.145
Image of SPX6900SPX6900-0.134
Image of BeldexBeldex-0.043
Image of Curve DAO TokenCurve DAO Token0.091

PlatinX price is positively correlated with the top 10 coins by market cap with a price of 0.541, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.476. Currencies that are positively correlated with PlatinX 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 PlatinX, a move in one direction for PlatinX would translate into a move in the opposite direction for the negatively correlated coin.

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