Below is a detailed update on Portal (PORTAL) as of 17/05/2025, including current price, technical analysis, and short-term trading strategies based on M15, H1, and H4 time frames.
📊 Portal (PORTAL) Market Overview
• Current Price: $0.0715 USD
• 24h Volatility: +25.5%
• 24h Trading Volume: ~$136 million USD
• Market Capitalization: ~$12 million USD
• Circulating Supply: ~167 million PORTAL
• All-Time High (ATH): $3.19 (29/02/2024)
• All-Time Low (ATL): $0.05398 (15/05/2025)
PORTAL is the token of a decentralized exchange platform supporting Bitcoin trading and cross-chain assets through atomic swaps. The project has raised $34 million from major investors such as Coinbase Ventures and OKX Ventures to develop a non-custodial DEX.
📈 Technical Analysis
• 15-minute Time Frame (M15): RSI indicator around 65, indicating PORTAL is approaching overbought territory.
• 1-hour Time Frame (H1): MACD gives a bullish signal, with the MACD line crossing above the signal line.
• 4-hour Time Frame (H4): Price is in an uptrend, with support at $0.065 and resistance at $0.072.
📌 Short-term trading strategy
1. Long Strategy (M15 – H1)
• Entry Point: $0.070
• Stop Loss (SL): $0.065
• Take Profit (TP): $0.080
• R:R Ratio: 1:2
• Validity: From 09:00 to 15:00 on 17/05
2. Short Strategy (H1 – H4)
• Entry Point: $0.072
• Stop Loss (SL): $0.075
• Take Profit (TP): $0.065
• R:R Ratio: 1:2.33
• Validity: From 10:00 to 16:00 on 17/05
⚠️ Note
• The market is in a bullish phase; closely monitor support and resistance levels.
• Use reasonable stop-loss and take-profit orders to manage risk.
• Avoid using high leverage in the current market conditions.