PERP.X Perpetual Protocol cryptocurrency Forecast, Technical & Fundamental Analysis

Momentum Indicator for PERP.X turns negative, indicating new downward trend

PERP.X saw its Momentum Indicator move below the 0 level on May 06, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 113 similar instances where the indicator turned negative. In of the 113 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PERP.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PERP.X broke above its upper Bollinger Band on April 24, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where PERP.X's RSI Oscillator exited the oversold zone, of 48 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for PERP.X just turned positive on April 18, 2025. Looking at past instances where PERP.X's MACD turned positive, the stock continued to rise in of 56 cases over the following month. The odds of a continued upward trend are .

PERP.X moved above its 50-day moving average on May 05, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for PERP.X crossed bullishly above the 50-day moving average on April 30, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 20 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where PERP.X advanced for three days, in of 375 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 219 cases where PERP.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .