NPXS (Pundi X) Token Analysis 04/04/2021we have capitalized on two Stages...
we initially Bought Coins at this Stage:
we Added 100% more at this Stage and sold 25% at the 3 TP:
Fundamentals:
Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution. The solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain.
The blockchain solution was founded in 2017 and launched its ICO in January 2018 as the world's first point-of-sale solution. Following a successful ICO, Pundi X has successfully launched retailed focused services including XPOS, XWallet and XPASS as well as the world's first blockchain phone called BOB.
The company, which has its headquarters in Singapore, has shipped its XPOS solution and devices to over 25 markets including the United States, Spain, Argentina, Korea, Australia, Colombia, Spain and Taiwan.
The goal of the Pundi X project is to make cryptocurrency available to everyone. While other similar projects attempt to outperform the banking system, Pundi X looks to simplify transforming retail businesses to make this happen.
Pundi X has created a blockchain payment ecosystem with the XPOS, XPASS and the virtual XWallet. The XPOS is the world's first blockchain-powered wireless point-of-sale (POS) for cryptocurrencies.
Using the XPOS, retail merchants, as well as consumers, can easily buy, sell and transact using digital assets in physical stores. The product is designed to accept every cryptocurrency. Popular digital assets like Bitcoin (BTC), Ethereum (ETH) and Pundi X (NPXS) are listed within the ecosystem.
The XWallet mobile app is the bridge between the regular digital asset wallets and the Pundi X payment ecosystem. Users can use the XWallet to easily manage their digital assets, make transfers, check balances, and top-up the supported cryptos in the XWallet. The virtual XPASS card is issued to every registered XWallet user.
In June 2019, Pundi X launched the Open Platform to support more blockchains. Since then, DeFi developers and projects have registered and uploaded their ERC20 tokens to the Pundi X ecosystem, increasing its use.
The Pundi X project was founded in 2017 by Zac Cheah and Pitt Huang. The pair met in an HTML5 Interest Group in 2012, and the single idea that created the startup was a way of making cryptocurrencies a part of the daily lives of everybody.
Zac Cheah currently serves as the CEO of Pundi X. Prior to his role at Pundi X, Zac was formerly the W3C Chair of the HTML5 Interest Group. Zac, a skilled programmer received his MS.c in Computing from the KTH Royal Institute of Technology, abbreviated KTH, Sweden, and M.Sc in cybersecurity from the Norwegian University of Science and Technology, Norway.
Pitt Huang currently serves as the chief technical officer and chief operating officer of Pundi X. Pitt who began coding at the age of 10. In his high school, he was already building space games.
He is also an avid entrepreneur and investor. At the age of 25, he had founded and sold his first Groupon-like company to Baizhu in 2008. He has started and sold several other businesses, including a 200 person company.
Like the native tokens of other payment-centered crypto platforms, the great majority of the Pundi X (NPXS) tokens have been issued. Other brokerage services that take this approach include Binance (BNB), Voyager Token (VGX) and ( Troy (TROY).
Pundi X initially launched with the PXS and PXSXEM tokens, the tokens were swapped for the NPXS tokens between March and September 2018. The swap rate was set at one PXS token for 1,000 NPXS.
The current circulating supply of NPXS tokens is set at 235,514,908,115 tokens, while the max supply is set at 258,526,640,301 NPXS. At the moment, 91 percent of the NPXS tokens there ever will have been issued. The NPXS tokens are non-minable, they are instead issued weekly as staking rewards.
Now NPXS is PUNDIX
every 1000 NPXS will be one PUNDIX
Technical analysis:
as we can see the Token has completed an Elliot cycle and now the Price is in the Linking Zone,
we may have some retracement in order to re accumulate and start its New Cycle.
we can see over cross on the MACD which is the sign of some price correction and retracement
we have defined 3 Targets by Fibonacci projection and 1TP also has confluences with Fibonacci Expansion
the 3 TP Gets Confirmation as soon as the 2 TP gets Triggered.
Pundix
Pundi X Moving average kissThis is what I would call a MA kiss,
as the moving averages slightly meet parallel to each other then eventually diverge
I have plotted the divergence on the chart
Also a cup and handle pattern
Inverted in this example
NPXSUSDT, needs a little time, Pundi XHello my friends, like always everything is clear on the chart for you. Totally the price is in the uptrend channel and now almost in the range area and we have to see which baseband will break. So keep it in your watchlist. Good luck.
By the way this coin has some good fundamental's news for future.
If its useful like it as a support please and follow me for next analysis :)
NPXS.USDT (Y21.P2.E2.v2).Does it have more to give?Hi Traders,
Lets continue this trading story.
Previous post link, supplied below.
What do you know, I made the right call to short but I didn't expect this bounce so I missed the entry.
Now I will stalk it for it has made a big move and can likely continue.
I'll wait for 4, 8 or 12 hrs and see what's taking place if this level holds.
All the best,
S.SAri
the 8 hr time frame and trend is what I will be watching
PREVIOUS POST
NPXSUSDT Price falling down? 🤔Hello Traders. Hope everything is fine.
Today I want to share my thoughts on NPXS. As you can see in the 4H chart, price is moving in a upward channel and it has touched bottom and top
of the channel many times. There are 2 reasons that I think NPXS is going to touch the support area ( purple range ) :
1) Every time that it has touched top of the channel, price has corrected towards the bottom of the channel.
2) You can clearly see a negative divergence on rsi where NPXS has made higher highs but the indicator has made lower highs.
So in my opinion, you can make a short position here.
Entry : 0.0072$ Target : 0.0058$ ( purple range ) Stop loss : 0.0078$
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on NPXS and don`t forget to comment what you think. ✌
NPXSUSDT Playout6All my thoughts and analysis based on past price movements. *An attempt to predict future price movements*
I try my best to be as insightful as possible but I'm not a financial advisor and in no way claim to be.
6TH APRIL (Staking reward announcements coming out on the 6th) If you're scared please zoom out go the the Daily.
LOOOL As I was maing this the price already started moving up :))) happy days
NPXS.USDT (Y21.P2.E2).Next stage
Hi Traders,
I hope you came on board with my previous post. After selling at the top area, we had a double top which I should have shorted. Wasn't thinking about it. It happens.
Now looking to either short due to the rising wedge breakout or to go long if it breaks the 0.5 fib level.
All the best,
S.SAri
Big picture
PREVIOUS POST
NPXSUSDT Playout5All my thoughts and analysis based on past price movements. *An attempt to predict future price movements*
I'm still bullish and there's a lot in the works so just a little bit of patience I believe will payoff.
(This is crypto anything is possible)
NPXS.USDT (Y21.P2.E1).Lots of potentialHi Traders,
I picked this up on a youtube presentation and it makes sense.
Price behavior is bullish.
Indicators support it and I will be using the 8 hrly chart.
How to trade this, look for a pullback on the 4 hrly and look for a fib level or MA to jump in.
All the best,
S.SAri
NPXS is full of Bullish Continuation PatternsToken Burn Soon of 1000x
which will remove 3 decimal places from the
supply. That positive development is behind the solid growth.
NPXS is full of Bullish Continuation Patterns
- Triangles
- Wedges
- Flags
You're not going to want to miss this rocket.
NPXSUSDT Playout4All my thoughts and analysis based on past price movements. *An attempt to predict future price movements*
I try my best to be as insightful as possible but I'm not a financial advisor and in no way claim to be. Crypto can be an unforgiving place sometimes with the prices movements, so please trade wisely and do your research and analysis then compare with mine and others if you wish.
I'm still bullish and I believe April will be a money making month. Lets get it
NPXSUSDT Playout3BAll my thoughts and analysis based on past price movements. *An attempt to predict future price movements*
Not much changed from Yesterday's chart... all same
:))
NPXS broke out $0.008 levelHi dear friends, hope you are well and welcome to the new update on the NPXS token.
The priceline of NPXS has already broken out the $0.008 resistance level and today re-testing the previous resistance as support. If we will have a closing above $0.008 then this breakout will be confirmed. The $0.008 to 0.0075 price level zone is working as good support, therefore it can be used as a stop loss as well.
At the same time, the price action has formed a symmetrical triangle on a 4-hour chart. If the priceline will breakout the resistance of this pattern then it can be the best time to buy more NPXS tokens.
NPXSUSDT Playout3I left some notes on the NPXSUSDT Playout2B... I just want to say please before buying or selling please watch the price movement, volume and any other TA you use as I don't know the future and my calls are based on my own TA from price trends, thoughts and opinion. As much as I put this out please beware this is crypto and anything can happen so move accordingly.
If I had the power I'll love to see everyone make money and be financially free.
Thank You :)
I made a twitter account @xinstachi to tweet out more in the moment price action
PUNDI X / USD TA Time 26-3-2021!Greetings fellow traders!
Currently looking pretty bullish. Hopefully it's going to break out soon. Approaching end of the apex of the symmetrical triangle. Something is bound to happen. I'm overal pretty bullish. As well as EMI 2, she's showing a bullish divergence. EMI 1 not showing an bearish signals.
End of the month, token burn. Hopefully transaction will increase afterwards. If this happens, it might go rocket...
Current approximate targets, see charts.
Good luck, be careful and may the trend gods be with you!
NPXSUSDT Playout2 BNothing out of the ordinary. I'm believing we'll see 0.01 and more before the token reduction but as this is crypto anything is possible :))
NPXSUSDT LONGNPXSUSDT LONG
- Denomination occuring
- 4H MACD crossover
- Ascending triangle fake-out which corrected
First target: 0.009
Second target: 0.010
Third target: 0.012
NPXS will hit $0.01 before the reduction!It will hit one cent for the first time in pundi x history, and after reduction to PUNDIX asset as it will mines 1000 in total supply of current asset.
with this reduction use case, pundi x will hit all time high and will lock a huge amount of money in its asset, in my prediction views it can hit $100 and will rise to $1000 within 3-5 years. but we do not know how new asset will be implemented, may be the team make it an NFT or defi case.
for now my Goal is One cent as i share in media for a long time. before reduction, and i wish investors hold tokens as much as they can in this coming week. because with the reduction case a big market interest will happened and investors will take the most part of it around 100X in ROI.
PundiX and XPOS are the market castel PundiX company is ranked in top 100 best crypto assets for a long time.
please share and participate if you think my predictions are not true.
karwanmino.com
NPXSUSDT Playout2 *think
All my thoughts and analysis based on past price movements. *An attempt to predict future price movements*
I only spot trade on these line to increase my position or take out the difference (Profit) from selling high and buying low. It takes a great deal of patience but more often than not the price always gets the line. "cant win it all"
(This is crypto anything is possible) :))
NPXSUSDT PlayoutNot financial advice just posting my thought. The Fall line is my prediction if we see a major price correction which I like to believe is unlikely considering all that is in the works at the moment. (Its crypto nothing is impossible tho :))