Technical analysis PlatonCoin (PLTC) March 29th, 2022

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PlatonCoin (PLTC) price as of March 29th, 2022 is $0,748 USD with a 24-hour trading volume of $534 078 USD. PlatonCoin is without change in the last 24 hours. The current ranking at CoinGecko is #500 out of 13 470 coins, with a market cap of $81,489,374. It has a circulating supply of 108 812 987 coins and a maximum supply of 300 000 000 coins.

Technical analysis PLTC/USDT

PlatonCoin, PLTC is Platon Life’s digital currency, on which company based its ecosystem, called also Platon Life.

PLTC went for a good ride after thoroughly testing the bottom of the long-term growth channel, with resistance at $0.65 tested and broken. This resistance was also subsequently tested and PLTC has not closed below $0.65 since 3/17/2022. The $0.57-0.65 price has become local support. A test of the upper part of the channel is more than likely. The $0.88 is now the key price that PLTC needs to deal with while staying within the new range at the top of the channel.

PlatonLife is on the verge of launching several new products and the pressure on price with the limited number of PLTCs is evident in the market. Trading volumes on the exchanges are increasing. Despite the overall uncertainty in the cryptocurrency market in recent months, PLTC has maintained an upward trend.

TA PLTC

 

Disclaimer: This is not an offer for concluding a contract. Trading cryptocurrencies is a highly risky business and as such you are the only person bearing the risk and responsible for your own decisions. Do not engage in trading unless you do your own research and are fully knowledgeable of the risks.

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