1. Fundamental Analysis

1.1 Introduce

Patex is the largest blockchain ecosystem targeting Latin America, a region with 670M+ people and a 5.5 trillion GDP.The initiative is led by the previous Head of Binance Brazil, who successfully launched both Binance and Crypto.com in the country.Patex is an all-in-one solution for CBDC adoption in Latin America: its L2 enables issuance and tracking of CBDCs, and C-Patex is designed to trade these currencies right on the platform.

1.2 Basic Info

NameValueNameValue
SymbolPATEXMarket Cap443587.5
NamePatexWhite Paper--
Web Sitehttps://patex.io/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://bscscan.com/Algorithm--
Forum--Proof--
Mining Total8000000
Supply8000000Release Date2024-03-12
Available Supply1125000

2. Technical Analysis

2.1 Kline Data

DateOpenHighLowCloseVolumn
2025-01-010.39390.3970.38870.3911533.180542
2024-12-310.41710.42780.3930.39713821.968134
2024-12-300.41850.460.40440.423910868.647961
2024-12-290.45590.47890.39390.415414734.701498
2024-12-280.44920.550.40040.455925123.372725
2024-12-270.46540.49840.44180.446412146.768187
2024-12-260.460.48630.44870.457420416.4958
2024-12-250.5080.51180.43280.465630659.102051
2024-12-240.5120.51940.45930.511825695.483341
2024-12-230.48450.540.4650.51232129.310121
2024-12-220.48180.50610.45220.48416541.447037
2024-12-210.53130.5650.45880.474839343.634914
2024-12-200.5780.5860.4280.52944753.166052
2024-12-190.5920.6150.5130.57734451.38109
2024-12-180.6090.6310.5620.59240255.51421
2024-12-170.6550.6750.6010.61622820.04587
2024-12-160.6520.7280.6210.65432267.70221
2024-12-150.6740.70.6270.64735846.69895
2024-12-140.7060.7470.6450.67452351.60641
2024-12-130.7120.7220.6510.70748073.67988
2024-12-120.8220.8580.670.71160080.8242
2024-12-110.7580.8260.7420.81730166.13447
2024-12-100.8440.8580.7030.75465506.53742
2024-12-090.9480.9750.7780.84462678.00213
2024-12-080.9530.9940.8910.94846936.09462
2024-12-070.9791.0220.910.95277725.89494
2024-12-060.9381.0970.8860.98876898.06957
2024-12-050.9340.9490.880.94146802.1975
2024-12-040.9210.9960.8880.92759655.77357
2024-12-030.8830.9910.8680.92263733.91643

2.2 Analysis

The recent price action exhibits a strong bearish trend reversal after a significant uptrend. Short-term volatility is expected, but the overall outlook suggests a continuation of the bearish trend, with potential support levels around 0.40-0.45. Further declines are anticipated, though a temporary price bounce cannot be ruled out. Long-term forecasting requires more data and contextual information.