Peanut the Squirrel Price Prediction – PNUT Price Estimated to Reach $ 2.12 By Nov 22, 2024

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • Peanut the Squirrel is down -14.13% today against the US Dollar
  • PNUT/BTC decreased by -13.61% today
  • PNUT/ETH decreased by -11.34% today
  • Peanut the Squirrel is currently trading 25.39% below our prediction on Nov 22, 2024
  • Peanut the Squirrel gained 1,985.59% in the last month and is up 1,985.59% since 1 year ago
Peanut the Squirrel price$ 1.58
Peanut the Squirrel prediction$ 2.12 (30.51%)
SentimentBullish
Fear & Greed index90 (Extreme Greed)
Key support levels$ 1.58, $ 1.46, $ 1.28
Key resistance levels$ 1.87, $ 2.05, $ 2.17

PNUT price is expected to rise by 30.51% in the next 5 days according to our Peanut the Squirrel price prediction

Peanut the Squirrel price today is trading at $ 1.58 after losing -14.13% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -11.51% in the same time period. PNUT performed poorly against BTC today and recorded a -13.61% loss against the world’s largest cryptocurrency.

According to our Peanut the Squirrel price prediction, PNUT is expected to reach a price of $ 2.12 by Nov 22, 2024. This would represent a 30.51% price increase for PNUT in the next 5 days.

PNUT Price Prediction Chart

Buy/Sell Peanut the Squirrel

What has been going on with Peanut the Squirrel in the last 30 days

Peanut the Squirrel has been displaying a positive trend recently, as the coin gained 1,985.59% in the last 30-days. The medium-term trend for Peanut the Squirrel has been bullish, with PNUT increasing by 1,985.59% in the last 3 months. The long-term picture for Peanut the Squirrel has been positive, as PNUT is currently displaying a 1,985.59% 1-year price change. On this day last year, PNUT was trading at $ 0.075856.

Peanut the Squirrel reached its all-time high price on Nov 14, 2024, when the price of PNUT peaked at $ 2.47. The current PNUT cycle high is $ 1.65, while the cycle low is at $ 1.48. PNUT has been displaying high volatility recently – the 1-month volatility of the coin is at 121.87. Peanut the Squirrel recorded 7 green days in the last 30 days.

Peanut the Squirrel technical analysis for today – Nov 17, 2024

The sentiment in the Peanut the Squirrel markets is currently Bullish, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $ 1.58, $ 1.46 and $ 1.28, while $ 1.87, $ 2.05 and $ 2.17 are the key resistance levels.

Bullish sentiment for Peanut the Squirrel

6 indicators are currently signaling a bullish prediction for Peanut the Squirrel, while 0 indicators are showing a bearish forecast. With 100% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Peanut the Squirrel.

Crypto market is currently experiencing Extreme Greed

Currently, the Fear & Greed index is at 90 (Extreme Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Peanut the Squirrel moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Peanut the Squirrel is positioned in the market right now.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 1.13 (BUY)$ 0.475511 (BUY)
MA5
MA10
MA21
MA50
MA100
MA200
PeriodValueAction
RSI (14)89.34NEUTRAL
Stoch RSI (14)nullNEUTRAL
Stochastic Fast (14)nullNEUTRAL
Commodity Channel Index (20)nullNEUTRAL
Average Directional Index (14)nullNEUTRAL
Awesome Oscillator (5, 34)nullNEUTRAL
Momentum (10)1.69NEUTRAL
MACD (12, 26)nullNEUTRAL
Williams Percent Range (14)nullNEUTRAL
Ultimate Oscillator (7, 14, 28)nullNEUTRAL
VWMA (10)1.67BUY
Hull Moving Average (9)1.65BUY
Ichimoku Cloud B/L (9, 26, 52, 26)nullNEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Peanut the Squirrel is at 89.34, suggesting that PNUT is currently overbought.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Peanut the Squirrel over the last 50 days. Currently, Peanut the Squirrel is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the PNUT closing price for the last 200 days. PNUT is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Peanut the Squirrel prediction

After considering the above factors, we can conclude that the current forecast for Peanut the Squirrel price prediction is Bullish. PNUT would have to increase by 30.51% to hit our $ 2.12 target within the next five days. Moving forward, it will be important to monitor the PNUT market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Peanut the Squirrel price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Source: https://coincodex.com/article/53922/peanut-the-squirrel-prediction-november-17-2024/