As the name suggests, a moving average provides the average closing price for POE over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for POE is a sum of POE’s closing prices over the last 12 days which is then divided by 12. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action.
As the name suggests, a moving average provides the average closing price for OP over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for OP is a sum of OP’s closing prices over the last 12 days which is then divided by 12. Moving averages are among the most popular Po.et price prediction tools.
Below you can see the Po.et hourly, daily, weekly and monthly price predictions. These predictions aim to give you an indication of what Po.et will be worth in one hour, today, tomorrow, over the next week and next month. Based on multiple technical quantitative indicators, the current forecast for Only Possible On Ethereum in 2023 is bullish. This could be an indication that Only Possible On Ethereum is a good buy in 2023. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Only Possible On Ethereum or not. Based on multiple technical quantitative indicators, the current forecast for Optimism in 2023 is bearish.
Po.et Price Prediction for Tomorrow and Next Week
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If it reaches the upper price target, POE could increase by 0.11% and reach $ 0.0₅6259. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Only Possible On Ethereum. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. Monthly performance data shows the change in price of a cryptocurrency month over month. Analyzing monthly performance data, can help to identify patterns, market cycles, and potential opportunities for buying or selling an asset.
Additionally, Po.et’s price is forecasted to lose -0.82% in the next six months and reach $ 0.0₅6201 on Apr 3, 2024. Finally, Po.et is expected to trade at $ 0.0₅6218 on Oct 5, 2024, following a -0.56% value increase in one year. Po.et is forecasted to trade within a range of $ 0.0₅6219 and $ 0.0₅6259.
There was no trade for the last 24 hours, meaning no one sold or bought this coin. If you are trying to find cryptocurrencies with good returns, you should explore the maximum of available sources of information about Po.et in order to make such a responsible decision about the investment by yourself. There is no specified amount you should invest in Po.et, our best investment advice is to only invest what you can afford to lose. Currently, the Only Possible On Ethereum Fear & Greed Index stands at 50, which means that investors’ sentiment is in the so-called Neutral zone.
It is important to note, however, that past performance does not guarantee future results and that cryptocurrency prices are notoriously volatile, making accurate predictions difficult. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Optimism. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Po.et. The Po.et price prediction for next week is between $ 0.0₅6257 on the lower end and $ 0.0₅6257 on the high end. Based on our POE price prediction chart, the price of Po.et will increase by 0.00% and reach $ 0.0₅6257 by Oct 16, 2023 if it reaches the upper price target.
- Our mission is the independent and objective analysis of the cryptocurrency market, and an elaboration of forecasting methodology using the latest innovations.
- Trading and investing in digital assets is highly speculative and comes with many risks.
- If the POE price moves above any of these averages, it is generally seen as a bullish sign for Po.et.
- When trying to make a Only Possible On Ethereum forecast, many traders also try to monitor the activity of OPOE “whales”, which are entities and individuals that control large amounts of OPOE.
- As a result, the predictions on our website should not be taken as financial advice and you should do your own research.
Based on the FAQ, they are also open to innovation and welcome new developers and their ideas. The determination to procure Po.et is entirely contingent on your individualistic risk tolerance. As you may discern, Po.et’s value has experienced a fall of 0% during the preceding 24 hours, and Po.et has incurred a decline of -44.81% over the prior 30-day duration. Consequently, the determination of whether or not to invest in Po.et will hinge on whether such an investment aligns with your trading aspirations. This calculation shows how much cryptocurrency can cost if we assume that its capitalization will behave like the capitalization of some Internet companies or technological niches.
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A rising 50-day SMA indicates a positive POE price trend in the medium term, while a dropping SMA indicates the opposite. According to our Po.et price prediction, POE is forecasted how to buy cryptocurrency with credit card to trade within a price range of $ 0.0₅6253 and $ 0.0₅6257 this week. Po.et will increase by 0.07% and reach $ 0.0₅6257 by Oct 09, 2023 if it reaches the higher value target.
Some exchanges may also ask for a phone number and photo ID, so it’s a good idea to have those ready. Find an exchange to buy, sell and trade POE by comparing deposit methods, supported fiat currencies and fees. Po.et’s 14-day RSI is at 6.20, indicating that POE is currently overvalued.
Po.et (POE) Price Prediction 2024
Only Possible On Ethereum traders use a variety of tools to try and determine the direction in which the OPOE market is likely to head next. Optimism traders use a variety of tools to try and determine the direction in which the OP market is likely to head next. Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Po.et’s price action in 1-hour chunks.
Po.et Fundamental Analysis
In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). According to our current Po.et price prediction, the price of Po.et is predicted to rise by 0.03% and reach $ 0.0₅6255 how to update email by October 11, 2023. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 50 (Neutral). Po.et recorded 30/30 (100%) green days with 0.00% price volatility over the last 30 days.
For the last 30 days, more than 4 POE transactions have been made, on average daily 0.13 completed transactions. Wealth distribution is an important factor to consider when researching a cryptocurrency. It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses.
The 24-hour price movement chart indicates that $124,735 worth of POE were trading. The price peaked to $0.0054 in the last 24 hours while the lowest price was $0.0052. Trading and investing in digital assets is highly speculative and comes with many risks.
Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels.