PROUSD Current Price: $1.37
Market Cap: $136,847,352
Volume (24h): $2,792,208
Circulating Supply: 100,000,000 PRO
Technical Analysis:
Support and Resistance:
- Support: $1.19
- Resistance: $1.69
Indicators:
- EMA: The price is below the 50, 100, and 200 EMA, indicating a bearish trend. The 21 EMA also acts as resistance.
- MACD: Bearish, with the MACD line below the signal line and a negative histogram.
- RSI: At 46.67, indicating bearish sentiment but not oversold.
- OBV: Decreasing volume, aligning with the downward price trend.
Trend Analysis:
- The price is in a downward channel with lower highs and lower lows.
- Watch for a breakout above $1.53 for potential bullish reversal.
Volume Analysis:
- The 24-hour trading volume increased by 12.86%, but not enough to reverse the bearish trend.
Market Sentiment:
- Mixed sentiment in the community, with some bullish perspectives looking for a reversal and others bearish due to recent declines.
Propy Overview:
PROUSD is revolutionizing the real estate industry by integrating Web3 technology, offering a seamless and secure way to buy and sell homes. PROUSD supports transactions via bank transfers, cryptocurrency, and even as NFTs, simplifying the process for agents, buyers, and sellers.Recent Highlights:
- All-time High: $6.15 (Jan 05, 2018)
- All-time Low: $0.02956 (Mar 12, 2020)
- 30-Day Performance: -30.38%
Propy's Achievements:
- Processed $4 Billion in transactions
- Collaborations with leading real estate companies like Compass, eXp, The Agency, Redfin, KW, Remax, and others.
- Recognized for integrating blockchain technology to facilitate cross-border real estate transactions.
Join the Future of Real Estate with Propy:
- Experience faster, simpler, and more secure transactions with Propy's integrated escrow and title company.
- Become a Crypto Certified agent and handle cryptocurrency and NFT transactions effortlessly.
Community Insight:
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PROUSD is gaining traction among venture capitalists and high-net-worth individuals.- The platform is recognized for its potential to transform the real estate industry by addressing longstanding challenges.
Conclusion:
PROUSD is currently in a bearish trend with key support at $1.19. Indicators support the bearish sentiment. Traders should watch for price action around the $1.32 support level and any break above the $1.53 resistance level for potential reversal. Stay informed and leverage Propy's innovative technology to stay ahead in the real estate market.For more details and to join the Propy revolution, visit Propy's Website.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.