Doing better than the market
The total crypto market is −2.0% in 24 hours. PAR is +2.8%, 4.8% better than the market, so part of the move is specific to Parallel.
Why is the crypto market moving? →
why / par
Why is Parallel up today?
Parallel (PAR) is up 2.8% in the last 24 hours, trading at $1.21. That is 4.8% better than the whole crypto market (−2.0%), so part of the move is specific to Parallel. It is now at its highest price this week.
PAR 24h+2.83%
Whole market 24h−1.99%
Bitcoin 24h−2.17%
Link to BTC (30d)-0.04
Volume vs normal—
signals
What is moving Parallel
Strongest signals first.
Highest price this week
PAR pushed above its 7-day range (high $1.18).
Moving on its own, not with Bitcoin
Over the last 30 days, PAR's daily moves had a -0.04 correlation with Bitcoin (1 means identical direction). That is low: PAR has mostly moved on its own lately, while Bitcoin is −2.2% today.
Bitcoin price →Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of PAR positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Parallel
faq
Questions
Why is Parallel up today?
Parallel (PAR) is up 2.8% in the last 24 hours, trading at $1.21. That is 4.8% better than the whole crypto market (−2.0%), so part of the move is specific to Parallel. It is now at its highest price this week.
Will Parallel go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: PAR is +3.49% over 7 days and −0.85% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, PAR's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.