why / pundix

Why is Pundi X up today?

+10.00% 24h
Short answer

Pundi X (PUNDIX) is up 10.0% in the last 24 hours, trading at $0.1125. That is 14% better than the whole crypto market (−3.9%), so part of the move is specific to Pundi X. Trading volume is running at 14.1× its 30-day average.

· from live market data
PUNDIX 24h+10.00%
Whole market 24h−3.86%
Bitcoin 24h−4.26%
Link to BTC (30d)0.34
Volume vs normal14.1×
signals

What is moving Pundi X

Strongest signals first.

Doing better than the market

The total crypto market is −3.9% in 24 hours. PUNDIX is +10.0%, 14% better than the market, so part of the move is specific to Pundi X.

Why is the crypto market moving? →

Trading volume is 14.1× normal

At today's pace, PUNDIX trades about 14.1 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.

Highest price this week

PUNDIX pushed above its 7-day range (high $0.1057).

Moving on its own, not with Bitcoin

Over the last 30 days, PUNDIX's daily moves had a 0.34 correlation with Bitcoin (1 means identical direction). That is low: PUNDIX has mostly moved on its own lately, while Bitcoin is −4.3% 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 →
VIP

Liquidations, funding and open interest

See whether leveraged traders are being forced out of PUNDIX positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring Pundi X

faq

Questions

Why is Pundi X up today?

Pundi X (PUNDIX) is up 10.0% in the last 24 hours, trading at $0.1125. That is 14% better than the whole crypto market (−3.9%), so part of the move is specific to Pundi X. Trading volume is running at 14.1× its 30-day average.

Will Pundi X go back down?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: PUNDIX is +12.25% over 7 days and −10.40% 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, PUNDIX'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.