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PYPL

PYUSD - The PayPal StablecoinHi Traders, Investors and Speculators of Charts📈📉 PayPal announced yesterday on August 7, 2023 that it has launched a U.S. dollar stablecoin, called PayPal USD (PYUSD) . PYUSD is fully backed by U.S. dollar deposits and short-term U.S. Treasuries, and is issued by Paxos Trust Company. It is available to PayPal customers in the United States with PayPal Balance accounts. PayPal has partnered with Paxos to launch PYUSD. Paxos is a leading blockchain infrastructure company that specializes in stablecoins. Paxos also issues the BUSD stablecoin, which is used by Binance. PYUSD was first announced in January 2022, but its launch was delayed due to regulatory concerns. However, PayPal has since received approval from the New York State Department of Financial Services to issue PYUSD. PYUSD is currently valued at $1.00 per token. It can be used to buy, sell, hold, and transfer funds on PayPal. It can also be used to make payments to merchants that accept PayPal. PayPal has been crypto-friendly for some time. In addition to PYUSD, PayPal also offers four other cryptos: Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. PayPal customers can buy, sell, hold, and transfer these cryptocurrencies on the PayPal platform. PayPal's launch of PYUSD is a significant development in the cryptocurrency space. It is the first major financial technology firm to launch its own stablecoin . PayPal's move is likely to boost the adoption of stablecoins and cryptocurrencies in general. 💭 It's interesting to see how the fundamentals tend to follow the chart or vice versa. When we analyze the PayPal chart, we see a definitive completion of a bearish trend / downward cycle. According to Wyckoff Method and other market phases, the next cycle is the upward cycle / bullish phase. And so, this news comes at just the right time to kickstart a new market cycle! _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck NASDAQ:PYPL
NASDAQ:PYPLLong
by CryptoCheck-
24
$PYPL Double Bottom Bullish closeNASDAQ:PYPL Double Bottom Bullish close It sounds like you're discussing technical analysis concepts in the context of trading. A "double bottom" is a bullish reversal pattern that occurs after a downtrend and is characterized by two consecutive lows at a similar price level, followed by a breakout above the pattern's neckline. This pattern suggests a potential reversal from the downtrend to an uptrend. A "false breakdown" occurs when a price breaks below a support level but quickly reverses and closes back above it. This can be interpreted as a bullish sign, indicating that the selling pressure wasn't sustained, and buyers stepped in to push the price back up. The idea that "the best moves come from failed moves" is a common adage in trading and investing. It suggests that when a market or a security initially breaks out or breaks down and then reverses, it can lead to strong price movements in the opposite direction. This is often attributed to the idea that traders who were positioned on the wrong side of the initial move are forced to close their positions, contributing to the momentum in the opposite direction. It's important to note that while these concepts are commonly discussed in trading circles, they are not foolproof strategies. Technical analysis is just one approach to understanding price movements in financial markets, and it should be used in conjunction with other forms of analysis and risk management strategies. Markets can be unpredictable, and there is no guarantee that any pattern or signal will always lead to a profitable outcome.
NASDAQ:PYPLLong
by AlgoTradeAlert
$PYPL PayPal Double BottomThe main reason why I like NASDAQ:PYPL PayPal it has a Double Bottom another one of the reasons why I am starting a small starter position is because Jim Cramer hates the stock. 1. Business Model: PayPal is a leading digital payment platform that offers a range of online financial services, enabling individuals and businesses to make payments, transfer money, and conduct transactions electronically. It serves as a bridge between buyers and sellers in the digital marketplace. 2. Revenue Streams: PayPal generates revenue primarily through transaction fees charged to merchants for processing payments, as well as fees for certain value-added services. These services include PayPal Business Solutions, Venmo (a peer-to-peer payment platform), and Xoom (a digital money transfer service). 3. User Base and Market Reach: PayPal boasts a vast user base, with its services available in more than 200 countries and supporting multiple currencies. The platform is widely used by consumers, businesses, and merchants for various online financial transactions. 4. Acquisitions and Diversification: PayPal has strategically acquired several companies to diversify its offerings and expand its market presence. Notable acquisitions include Venmo (a social payments platform), Braintree (a payment gateway), Xoom (a digital money transfer service), and Honey (a browser extension that helps users find discounts and deals). 5. Strong Partnerships: PayPal has formed strategic partnerships with major e-commerce platforms, payment processors, and financial institutions. These collaborations enhance the reach and convenience of its services, as well as drive transaction volume. 6. Mobile-Centric Approach: Recognizing the increasing reliance on mobile devices, PayPal has invested in creating user-friendly mobile applications for seamless mobile payments and money transfers. Its subsidiary, Venmo, has become especially popular among younger users for peer-to-peer payments. 7. Financial Performance: PayPal's financial performance has shown consistent growth over the years. The company's revenue and net income have been steadily increasing, driven by the growing adoption of online and mobile payments, as well as expansion into new markets and services. 8. Innovation and Technology: PayPal remains at the forefront of financial technology innovation. The company has explored blockchain technology and cryptocurrencies, allowing users to buy, hold, and sell select cryptocurrencies through their PayPal accounts. 9. Regulatory and Compliance Considerations: Operating in the financial services industry, PayPal is subject to various regulatory and compliance requirements. Adhering to these standards is essential for maintaining trust and securing user data. 10. Competitive Landscape: The digital payment industry is highly competitive, with players like Square, Stripe, and traditional financial institutions vying for market share. PayPal's ability to innovate, adapt to changing trends, and offer seamless user experiences contributes to its competitive advantage. In summary, PayPal is a pivotal player in the digital payments landscape, offering a wide range of services that facilitate online transactions and money transfers. Its user base, partnerships, technological innovation, and strategic acquisitions have propelled its growth and solidified its position in the industry. However, like any company, PayPal faces challenges related to competition, regulatory changes, and cybersecurity. Staying ahead of these challenges through continuous innovation and customer-focused services will be crucial to its sustained success.
NASDAQ:PYPLLong
by AlgoTradeAlert
💥 $PYPL Drop: What Every Trader Needs to Do NEXT!Analysis: As Macro PVVM and Micro PVVM decline, the close price of NASDAQ:PYPL also drops from 73.43 to 59.47. This decline corresponds to the bearish momentum shown by both metrics. The sharpest price drop occurs between 2023-08-02 and 2023-08-03, where the close price goes from 73.2 to 64.18, corresponding to a significant drop in both Macro and Micro PVVM values. The sharp decline and move into negative territory signals a strong bearish movement. The last value is considerably negative, indicating a strong downward pressure. Critical Points for Traders: Yesterday, NASDAQ:PYPL reaches an oversold position in the Micro PVVM, which can signal a potential bounce back or reversal in the short term. Traders should watch the Macro PVVM as well. If it crosses below 0, it could be a confirmation of a bearish long-term trend. Proposed Trade Strategy: Short-Term Traders: Given the strong bearish momentum in the Micro PVVM, traders might have already taken a short position. However, as it's reaching an extreme oversold condition, traders should be prepared to take profits as a bounce back or a reversal is possible. Price Prediction for the Next 7 Bars: Depending on the strength of the rebound, the price may stabilize or continue its decline if no significant bullish momentum is observed. In numerical terms, we might expect the close price to move in a range between 55 to 65 until EOW (end of week), with potential spikes depending on the market sentiment.
NASDAQ:PYPL
by SwingSwiss
SasanSeifi 💁‍♂️🔵PYPL👉12H⏩ 72$ / 75$ Hey there, 🔱By examining the chart n the 12-hour timeframe, you can see that the price is currently following a downward channel trend. However, there has been a positive response as the price has managed to grow within the midline of the channel, reaching around the $69 price range. It's currently consolidating in that range.💹 ◼Looking ahead, in this 12-hour timeframe, one possible scenario to consider is if the support range around $66/$65 holds, we may see further price growth towards the important resistance level at $72, and even reach the supply zone around $75. To get a better understanding of the price trend continuation, it's important to observe how the price reacts to these resistance levels.💹 🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌✨ ❎ (DYOR)...⚠️⚜️ 🔹Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! 🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
NASDAQ:PYPLLong
by SasanSeifi
2
PAYPAL - Long Term Accumulation WindowPaypal - NASDAQ:PYPL Below I cover the Chart and some interesting fundamental news on what Paypal is upto..... CHART Everyone should have expected significant resistance at the $74.66 price level due to a confluence of the following at that level; 1. 200 Day SMA 2. Point of Control (POC) 3. Falling Wedge Diagonal overhead resistance (SEE CHART FOR OUTLINE) Further downside in the short term would not surprise me, however the long term positive divergence presents a long term opportunity. How am I playing this? I have a long term small position that is 15% in the negative at present, its thee one negative position I hold. Similar to NIO (which was at a small loss for weeks on end, I continued to average in on a positive divergence), I will average now to PYPL with a 2nd purchase and if we drop down to the RSI resistance line I will average in again with a 3rd purchase. Ideally traders, would want a break out above the point of confluence on the chart and to find support above or on $74.66. I would not be day or week trading from current levels. I intend to hold for months, potentially years, similar to my NIO play. If we lost the bottom of the falling wedge I would cut my losses at this point. This is a High Risk / High Reward trade. The NIO trade has rendered me a significant 50% unrealized profit over the past few weeks. It could take months for me to see a similar return here on Paypal, and I'm ok with that. Timeframe expectation is long term. What's PayPal Upto? Interestingly Paypal announced a major deal with KKR in June 2023 whereby KKR agreed to purchase up to €40 billion of eligible current and future PayPal Pay Later loans that originated in Europe. PayPal has become an industry leader with its PayPal Pay Later products, issuing more than 200 million loans to over 30 million customers in eight markets around the world since 2020. PayPal expects to allocate approximately $1 billion to incremental share repurchases this year and updated the outlook from approximately $4 billion to approximately $5 billion in total share repurchases in 2023. Paypals close association with KKR is notable. KKR - Kohlberg Kravis Roberts & Co. are an major American global investment company who have secured the two largest company buy outs in history RJR Nabisco & TXU. Paypal have huge ambitions and the buck to back them from the KKR. The deal and association with KKR is yet another reason to keep a long term headset on for this trade/investment. PUKA
NASDAQ:PYPLLong
by PukaCharts
PayPal suppressed by the 1.618 of golden sectionPayPal stock in the past three weeks has been suppressed by the 1.618 level of the golden section This chart shows the weekly level candle chart of PayPal stocks in the past six months. The graph overlays the recent bottom-up golden section. As shown in the figure, the high point of PayPal stock in the past three weeks has been suppressed by the 1.618 level of the golden section in the figure. In the future, it is likely to retreat downwards! The strong support level for PayPal's stock is at the starting point of the big positive line in July 2023!
NASDAQ:PYPL
by Think_More
PYPL PayPal Holdings Options Ahead of EarningsIf you haven`t sold when ARK did: or when the CFO left for WMT: or reentered this dip: Then analyzing the options chain and the chart patterns of CAT Caterpillar prior to the earnings report this week, I would consider purchasing the 73usd strike price at the money Calls with an expiration date of 2023-8-25, for a premium of approximately $4.35. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NASDAQ:PYPLLong
by TopgOptions
3
PYPL Testing Upper Wedge LinePaypal is testing the upper line of a falling wedge pattern while recently crossing above all short and long moving averages(8,21,34,50,100) with the 200sma as the last MA to be tested. The short MAs are all rising and have crossed above the 50ma indicating a short-term bullish trend in price. The PPO indicator show the green RSI line rising, and above a rising purple signal line which indicates short-term bullish momentum. Both lines trending above the 0 level indicates intermediate to long-term bullish momentum. The TDI indicator shows the green RSI line above 60 and rising which indicates a bullish trend in price, as does the RSI line trending in the upper half of the Bollinger Bands. Going forward we want to see the RSI line trend between the 40-60 levels as an indication of intermediate to long-term bullish trend. My buy price was $70.63 Stop-Loss(SL) is at $65.26. No upper target for now as the falling wedge pattern is a sloppy one with the dip in the middle not touching the lower trend line. Will continue to move my stop-loss up as/if price continues to move higher. In general I tend to move my stop-loss orders up as price continues to make higher highs and higher lows. On each new push to a higher high, stop-loss is moved up to the most recent higher low.
NASDAQ:PYPLLong
by PrepForProfit