Is PNDC Lined Up for a 25% Growth Spurt?

Pond Coin continues with a downtrend because the 24-hour drop hits practically 4%. With promoting exercise selecting up, the each day volumes have reached $4.16 million.

PNDC’s present value pattern doesn’t mirror the sentiment throughout the broader market. With the value of Bitcoin again above the $27K degree, most altcoins are buying and selling within the inexperienced as we speak.

PNDC seems to be present process a correction after outperforming the vast majority of the cryptocurrency market earlier this month.

A gentle downtrend has been posted over the previous few days, however the promoting stress would possibly quickly be exhausted, paving the best way for a development spurt.

Is PNDC Headed For 25% Progress Spurt?

PNDC has been posting decrease lows over the previous few days. The coin is now buying and selling at ranges final seen on September 13.

Within the final 24 hours, PNDC has traded between $0.00000202 and $0.00000224. Bears have the higher hand because the coin continues creating extra purple hourly candles.

PNDC at present holds help at $0.00000205, with the value bouncing from this help degree severally. If consumers enter at these ranges, PNDC will mimic a rally seen on September 13 when the value jumped from this help degree to $0.00000217.

The buying and selling volumes have slowed, indicating consumers’ unwillingness to enter the market on the present value.

If the uptrend fails, a downtrend will seemingly be shaped, with the value anticipated to drop under $0.0000019.

Pond Coin Stays Bearish In Brief-Time period

Pond Coin is on a bearish momentum as we speak, as seen in its Relative Power Index (RSI). The RSI has been dropping however has but to succeed in the oversold ranges.

The motion of the RSI line exhibits some shopping for exercise on the low ranges. Nonetheless, the shopping for exercise slows, with vendor and purchaser momentum cooling down.

PNDC’s Transferring Common Convergence Divergence (MACD) line is at present within the destructive zone, pointing towards a bearish sentiment.

A bullish case might be made with the MACD histogram bars at present on the inexperienced. Nonetheless, bullish positive factors won’t be seen quickly, with shopping for help weakening.

Bitcoin BSC Presale Is Quick Promoting Out, Over $3.1 Million Raised

Bitcoin BSC has raised over $3.1 million in its presale, which began on September 5. The presale is quick promoting out, with early buyers dashing to purchase the token on the early Bitcoin value of solely $0.99.

Bitcoin BSC has set itself other than the standard Bitcoin in that it runs on the BNB Chain that makes use of a proof-of-stake (PoS) consensus. It additionally differs from Bitcoin by providing staking rewards.

69% of the whole BTCBSC token provide has been put aside for staking rewards to make sure they turn into accessible over the following 120 years. Bitcoin will probably be totally mined throughout the identical interval.

The official Bitcoin BSC whitepaper says it’s going to have a complete provide of 21 million cash, just like Bitcoin. 29% of the gathering will probably be offered throughout the presale.

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