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Cryptocurrencies Petroleum OIL
$0.473056 $ 0.473056
+¥5204,24 0.3% 1D
1D 1M 1Y ALL
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  • About Petroleum OIL (OIL)

    The trading volume of Petroleum OIL (OIL) is $0.074673135850 in the last 24 hours, representing a -66.60% decrease from one day ago and signalling a recent fall in market activity. The highest price paid for Petroleum OIL (OIL) is $10.40 , which was recorded on Dec 22, 2022 (6 months). Comparatively, the current price is -95.50% lower than the all-time high price. The lowest price paid for Petroleum OIL (OIL) is $0.266296 , which was recorded on Feb 15, 2023 (4 months). Comparatively, the current price is 77.20% higher than the all-time low price. Market capitalization of Petroleum OIL (OIL) is - and is ranked #N/A on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of OIL tokens (0 tokens are tradable on the market today). There are no votes on Petroleum OIL (OIL) today. Be the first to vote and share this with your community. Account abstraction enables automation and modifiable management of accounts on EVM networks by enabling crypto wallets to function like smart contracts.

Petroleum OIL FAQs

  • 1. What determines the price of Petroleum OIL?
    There are two schools of thought in determining the price of Petroleum OIL.

    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Petroleum OIL, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Petroleum OIL from a long term perspective.

    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Petroleum OIL on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Petroleum OIL as well.

    HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Petroleum OIL and the cryptocurrency market as a whole.
  • 2. What is the highest price of Petroleum OIL in history?
    Petroleum OIL achieved the all-time high of $10.40 in 2022-12-22, and is currently trading at $0.47.
  • 3. What is the lowest price of Petroleum OIL in history?
    In 2023-02-15, Petroleum OIL reached the all-time low of $0.27.
  • 4. Should I buy Petroleum OIL now?
    It is important to remember that Petroleum OIL, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.

Petroleum OIL Calculator

Petroleum OIL OIL
1 OIL≈ $ 0.473056
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