You should also be aware of the potential for loss, and only invest what you can afford to lose. Bollinger Bands are often used by traders to identify potential entry and exit points for a trade. When the price of an asset moves above the upper band, it may indicate that the asset is overbought and a sell signal. When the price falls below the lower band, it may indicate that the asset is oversold and a buy signal. To use PinkCoin, you need to head over to their website and make an account. Once done, you will be free to use all the features they have to offer, with the main one being staking PINK tokens.
- The 200-day SMA is calculated by taking PinkCoin’s closing prices in the last 200 days, adding them together, and dividing the total by 200.
- The market capitalization of PinkCoin can change significantly in a short period of time.
- Dot Finance traders use a variety of tools to try and determine the direction in which the PINK market is likely to head next.
- In the past 24 hours, the crypto has been decreased by 0% in its current value.
- In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA).
Through the Donate4Life donation campaign, PINK holders can choose to stake their donated coins, and give the causes they want to support the rewards generated from staking, providing continuous funding. From a technical perspective, Pinkcoin combines proof-of-work and proof-of-stake consensus models. In addition to the project’s focus on donations, Pinkcoin can be used for cheap and fast peer-to-peer transactions, just like any other cryptocurrency. COIN’s value is expected to continue to expand, as shortage tends to encourage price rise. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible.
Pinkcoin forecast and prediction overview
According to our current Pink BNB price prediction, the price of Pink BNB is predicted to drop by -7.28% and reach $ 0.0₈2319 by August 15, 2023. According to our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 53 (Neutral). Pink BNB recorded 29/30 (97%) green days with 107.28% price volatility baconcoin over the last 30 days. Based on our Pink BNB forecast, it’s now a good time to buy Pink BNB. According to our Pink BNB price prediction, PNB is forecasted to trade within a price range of $ 0.0₈2501 and $ 0.0₈2542 this week. Pink BNB will increase by 1.61% and reach $ 0.0₈2542 by Aug 14, 2023 if it reaches the higher value target.
- The crypto market is known to be highly volatile, predicting future price points of Pinkcoin is a difficult task and many other factors influence the price.
- Compared to today’s price, Pink BNB could gain 685.33% by 2025 if PNB reaches the upper price target.
- If you’re looking for COIN price predictions/forecast for 2023, 2024, 2025, 2030 and want to know where the prices of COIN ($COIN) will go in the future?
- Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments.
- This is used to make sure that your funds will forever supply a charity of your choosing with income.
Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of PNB. The market capitalization of Pink BNB can change significantly in a short period of time. Based on our algorithmically generated price prediction for Pink BNB, the price of PNB is expected to decrease by 10.07% in the next month and reach $ 0.0₈2753 on Sep 9, 2023. Additionally, Pink BNB’s price is forecasted to gain 62.54% in the next six months and reach $ 0.0₈4065 on Feb 6, 2024. Finally, Pink BNB is expected to trade at $ 0.0₈5371 on Aug 9, 2024, following a 114.72% value decrease in one year. Trading and investing in digital assets is highly speculative and comes with many risks.
Are PINK tokens a good investment?
Pinkcoin investors have experienced returns of over 24.19% on their investment this past week due to the bullish period PINK has experienced. After analyzing the technical indicators for PINK, we expect a slight correction could happen over the next few days. We making a forecast of future prices for huge amounts of digital coins like Pinkcoin with technical analysis methods. To simplify the latest PINK price prediction, we have divided the prediction by short term Pinkcoin price prediction and long term Pinkcoin price prediction. Today, the trading volume of Pinkcoin has gone up by +46.64% in the past 30 days.
Since COIN is traded on a supply-and-demand basis, its value fluctuates drastically. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. The 200-day SMA is calculated by taking Dot Finance’s closing prices in the last 200 days, adding them together, and dividing the total by 200.
Is COIN ($COIN) a good investment?
Get latest crypto prices, predictions,
news, and historical data for Bitcoin and thousands of altcoins. Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Dot Finance’s price action in 1-hour chunks. Each candlestick will display PINK’s opening price, closing price, as well as the highest and lowest prices that Dot Finance reached within the 1-hour period. The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data.
According to the latest data gathered, the current price of COIN is $0.10 and $COIN is currently ranked #8532 in the entire crypto ecosystem. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. According to our historical data, it is currently profitable to invest in Pink BNB.
When trying to make a PinkCoin forecast, many traders also try to monitor the activity of PINK “whales”, which are entities and individuals that control large amounts of PINK. Since the PinkCoin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on PinkCoin’s price movements. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the PINK price.
If you extrapolate the data projections, you can get a potential picture of the future Pink BNB price for 2022, 2023, 2024, 2025, 2026, and 2027. Because Pinkcoin has strong fundamentals and a lot of people are invested in this cryptocurrency, we predict that the future for PINK looks promising. The total circulating supply of Pinkcoin at the time of writing is 466,910,712 and the market cap of PINK remains at $156.46K. Historically the price of PINK last day of August was above the open price four times out of 10, and 6 out of 10 the price was lower than the price at the start of the month. The best month for Pinkcoin has been May for the last ten years, five times the price of PINK at the end of May was higher than the price at the start of the month. The worst month is July, six times out of 10, the price at the end of July was lower than starting price.
It consists of a pool of charities that the platform has partnered with, and all generated coins will go to these charities. When you donate to Donate4Life, your donation will keep staking itself to increase its funds overtime. This is used to make sure that your funds will forever supply a charity of your choosing with income. Around 95% of the coins that the charity pool earns will go to the charity, while the rest will be used for management of the coin. PinkCoin uses a mixed Proof of Stake (POS) and Proof of Work (POW) mechanism along with a Flash Proof of Stake (FPOS) mechanism.
We aspire to operate on a global scale and offer our predictions in 8 languages and 33 currencies between which you can easily swap at any time. At CryptoPredictions we provide daily, monthly and yearly predictions for Pinkcoin and other cryptocurrencies. While we provide one of the most accurate predictions for PINK on the market, they should never be taken as financial advice. Many cryptocurrency traders pay close attention to the markets when the current PinkCoin price crosses an important moving average like the 200-day SMA. This is a short-term price prediction/forecast, includes only the next 10 days, updated every 5 hours. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA).