Lokesh Gupta
26-07-2024
On July 19, $PIXFI saw a significant price increase, reaching a high of approximately $0.099011 on 20 thJuly.
The price faced strong resistance near the $0.100000 mark, resulting in a subsequent retracement.
Following the peak, the price has been declining with lower highs and lower lows, indicating a bearish trend.
On the hourly chart, the $PIXFI token is holding support near the $0.035000 level and showing signs of a rebound.
PIXFI is currently trading at approximately $0.037700, representing a 62% decline from its peak.
According to Coingabbar analysis, If this support holds, PIXFI might rebound, aiming for $0.055000 or higher in the short term.
If the support at $0.035000 fails, PIXFI could see further decline, potentially testing the next support level at $0.020000 or lower.
KEY LEVELS :
RESISTANCE LEVEL : $0.060000-$0.100000
SUPPORT LEVEL : $0.019000-$0.005000
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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