1. Fundamental Analysis

1.1 Introduce

Parex Network is a Layer 1 blockchain network designed to deliver user-friendly decentralized finance (DeFi) solutions. With its Ethereum Virtual Machine (EVM) compatibility, Parex provides developers with a familiar environment to build on, creating a robust foundation for Web3 applications. Supported by its native token, PRX, Parex powers critical network functionalities, from transactions to governance.

1.2 Basic Info

NameValueNameValue
SymbolPRXMarket Cap2410806.4296
NameParex EcosystemWhite Paper--
Web Sitehttps://links.parex.network/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://bscscan.com/Algorithm--
Forum--Proof--
Mining Total77000000
Supply77000000Release Date2022-02-02
Available Supply13728966

2. Technical Analysis

2.1 Kline Data

DateOpenHighLowCloseVolumn
2025-01-010.1760.18060.17410.175820192.240703
2024-12-310.17860.18730.17220.177225525.200973
2024-12-300.17520.18660.1650.184743262.438753
2024-12-290.18480.18890.17250.175252311.506914
2024-12-280.19090.19280.18310.184357323.412461
2024-12-270.1880.20790.17970.190956285.657356
2024-12-260.19750.21470.17820.182744847.027678
2024-12-250.19940.21280.1950.197554746.058307
2024-12-240.19920.210.18780.199763671.482642
2024-12-230.18740.19510.17750.189645198.594819
2024-12-220.19360.20430.18010.185541999.445848
2024-12-210.20990.22110.19570.195740732.654133
2024-12-200.18250.22470.18150.204238968.767322
2024-12-190.22580.23880.18940.191135752.565996
2024-12-180.23940.27240.2180.229355326.681511
2024-12-170.24450.25790.23790.237924838.551722
2024-12-160.2590.26980.23640.244450839.428787
2024-12-150.25220.27160.24190.258438045.989092
2024-12-140.25210.26060.24280.252158492.616208
2024-12-130.26670.26810.25110.258937880.123142
2024-12-120.27620.29780.24510.267570865.022236
2024-12-110.26160.29060.25070.275460495.76542
2024-12-100.2520.26570.22750.261265745.341785
2024-12-090.28630.28640.2160.251768375.482126
2024-12-080.2870.2890.26690.286553971.118193
2024-12-070.30410.30490.27920.286660244.739647
2024-12-060.29450.31230.28750.303862601.548533
2024-12-050.2940.31040.29070.294879733.316229
2024-12-040.31220.31290.2850.29454132.107755
2024-12-030.29850.35960.28740.312666036.527775

2.2 Analysis

The recent price action shows a period of significant volatility followed by a consolidation and potential trend reversal. Short-term price movements indicate increased uncertainty. The longer-term trend remains unclear but shows potential for upward movement, though further data is needed to confirm this. Caution is advised, given the volatility observed. A break above recent highs suggests a stronger bullish trend. Conversely, a consistent drop below recent support levels indicates bearish pressure.