Arrow Markets (ARROW)
1. Fundamental Analysis
1.1 Introduce
Arrow Markets is a hybrid Web3 options platform that uses a sophisticated Request-for-Execution (RFE) system. This system includes an incentive program for market makers and an API, enabling them to seamlessly provide quotes for option contracts on a wide range of underlying assets.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | ARROW | Market Cap | 228982.015872 |
| Name | Arrow Markets | White Paper | -- |
| Web Site | https://www.arrow.markets/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://cchain.explorer.avax.network/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 72000000 | |
| Supply | 72000000 | Release Date | 2024-05-22 |
| Available Supply | 3280544.64 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart shows a trend of consolidation with a slight upward bias in the closing prices over the past two weeks. The volume has been decreasing, indicating less participation in trading activity. There has been a notable increase in volatility in late December, with several price spikes, which could suggest a potential breakout or a reversal. The opening price has been consistently higher than the closing price in the latest few days, indicating bearish sentiment. The overall trend appears to be cautiously bullish, but with signs of uncertainty and potential for a downward trend.
