1. Fundamental Analysis

1.1 Introduce

PARSIQ Token (PRQ) is an essential piece of the PARSIQ platform that co-exists with FIAT payments for using it’s services. Payments within our platform that are made in PRQ tokens guarantee a discounted rate. During the first Epoch when PRQ tokens are used as payment for running Smart-Triggers users receive higher execution limits, unlock transport methods and are able to propose features that can be added to the platform.

1.2 Basic Info

NameValueNameValue
SymbolPRQMarket Cap74541787.34
NamePARSIQ TokenWhite Paper--
Web Sitehttps://www.parsiq.netIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total310256872
Supply310256872Release Date2019-09-29
Available Supply292757000

2. Technical Analysis

2.1 Kline Data

DateOpenHighLowCloseVolumn
2025-01-010.252750.264210.252150.252499799.4287939
2024-12-310.301630.312920.2520.252654064.2816059
2024-12-300.29740.328730.282960.30008991398.0236409
2024-12-290.30270.328810.274930.29811377668.0599034
2024-12-280.34620.357690.265820.301782640559.5803889
2024-12-270.247480.384230.246870.343973526011.28019392
2024-12-260.203270.2590.201110.24743312696.1413635
2024-12-250.222060.230.20110.2036387536.839903
2024-12-240.209290.23090.204510.22005130412.1341757
2024-12-230.172740.21910.169270.20882247773.2448912
2024-12-220.177170.178480.165910.1732341302.1975844
2024-12-210.194510.197310.174720.17787209337.8503855
2024-12-200.19820.21860.160510.19437825854.2018946
2024-12-190.213350.219690.171120.19865961090.9271195
2024-12-180.189040.215570.178350.213351277289.2220652
2024-12-170.153020.200430.15120.18902264552.0239066
2024-12-160.167460.185950.15210.15211335632.9686365
2024-12-150.137540.1690.132650.16989478.8088797
2024-12-140.14880.1550.135210.1364754906.5129369
2024-12-130.139010.150990.128490.1478564702.9012581
2024-12-120.129710.1540.125010.1382979484.4815493
2024-12-110.124220.135790.117930.1308460079.225956
2024-12-100.130070.134220.109090.1231989641.5857118
2024-12-090.151790.152070.122280.13007327096.1108018
2024-12-080.134740.16680.12320.15289690748.4749154
2024-12-070.114850.150510.113710.13587206763.9656723
2024-12-060.109690.120210.108440.1152575482.2557394
2024-12-050.119380.126070.107990.10968143377.594963
2024-12-040.108480.128990.106960.11909131589.5726491
2024-12-030.101060.114660.096780.1088874208.6763311

2.2 Analysis

The recent price action exhibits a period of significant volatility followed by a consolidation phase. A strong upward trend is apparent from mid-December 2024, culminating in a high near 0.38 in late December. This was followed by a sharp correction, indicating potential profit-taking or a temporary bearish reversal. The subsequent price movement suggests consolidation within a defined range, with potential for further sideways movement in the short term. Long-term prospects remain positive but depend on further price action and volume confirmation. Further analysis is necessary before making definitive predictions. However, the current indications point towards a potential upward trend continuation after a period of range-bound price fluctuations.