ALLY (ALY)
1. Fundamental Analysis
1.1 Introduce
The ALLY Eco leverages the power of blockchain focusing specifically on privacy for communication and fast and secure financial transactions. Utilizing a proprietary Proof of Authority (PoA) consensus, it will offer a future independent incentivization protocol layer that can be scaled to all blockchain projects. With over 200,000 users, ALLY has become the hub for those looking to freely speak and come together.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | ALY | Market Cap | 873770 |
| Name | ALLY | White Paper | -- |
| Web Site | https://getally.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 10000000000 | |
| Supply | 10000000000 | Release Date | |
| Available Supply | 2300000000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart shows a significant trend reversal. The asset has experienced a strong upward trend in the past few months, marked by higher highs and higher lows. However, the recent data indicates a potential topping pattern. There has been a decrease in volume, suggesting a lack of momentum. The asset is currently consolidating, forming a potential head and shoulders pattern. A downward break from the current consolidation could signal a continuation of the downward trend. Future price action should be monitored closely for confirmation of this potential reversal.
