The post Bulls Set to Break Out?  appeared on BitcoinEthereumNews.com.

Propy (PRO) is a decentralized platform built for real estate and properties buying and selling. It operates on the Ethereum platform and uses blockchain technology to ease the buying and selling of properties. It empowers buyers, sellers, and their agents to close the deal entirely online. It aims to automate the real estate industry and make the process transparent and straightforward. Just like Zillow, Redfin, and other real estate listings, It aggregates data from MLS. It acts as a mediator between the property buyers and sellers.  Propy crypto price suffered rejection from the 50-day EMA over the weekly chart. The bulls seem to be losing momentum near the key EMA due to which the price has slumped nearly 8% in one week.   It has a 24-hour trading volume of $608.75 K with a rise of 10.16% as compared to the previous day. The live market cap of Propy is $30.58 Million and it ranks 550th among the top cryptos. The volume-to-market cap ratio is 2.01% indicating very low volatility in the market.  Propy Price Prediction November 2023 Source: PRO/USD By TradingView The weekly chart illustrates the formation of a bullish flag over the daily chart. The price has surged from the lower trendline of the channel and is headed toward the upper boundary of the channel indicating a short-term optimistic outlook. Moreover, the long-term outlook stands on the bearish side until the price is maintained in the channel. The breakout above the bullish flag pattern may turn the long-term trend optimistic and the price may show significant gains.  Propy Price Prediction 2023 The most optimistic price forecast of the analysts expects the PRO price may reach a high of $0.355 signifying an upside potential of 17.76% from the CMP. The minimum price that Propy could reach is $0.275. Propy Price…

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Filed under: News - @ November 23, 2023 2:18 am