PayPal USD has been showing negative momentum in recent trading sessions, with a loss of 0.02% in the last 24 hours. The current price of $0.9996 represents a significant level for traders and investors.
Key Insights:
- PayPal USD is trading within its established 24h range between $0.9983 and $1.00.
- Trading volume of $117.9M is accompanying the downward pressure, indicating moderate market participation.
- Market capitalization stands at $3.9B, establishing it as a major altcoin.
- Circulating supply of 3,864,400,331.165 PYUSD with no defined maximum supply.
Market Outlook:
The short-term outlook for PayPal USD appears bearish based on SMA analysis. Weakness persists across both daily and weekly charts. The asset is testing its 24-hour high near $1.00, with breakout potential. The asset is challenging support near the 24-hour low of $0.9983. Trading volume (3.1% of market cap) is moderate. The RSI indicator is currently neutral (46.5). MACD histogram is negative (bearish momentum). Price is currently below the 50-day SMA ($0.9998). The longer-term 200-day SMA is at $0.9999. Potential catalysts include project milestones, partnership announcements, and overall market sentiment shifts. As always, proper risk management is advised given the inherent volatility of crypto markets.
Future features include:
- Chat with granular coin metrics
- Query on-chain data insights
- Analyze latest news & headlines
- Gauge market sentiment trends
- Explore technical indicators
- Ask about fundamental data
- And much more!