Balancer (BAL)
Balancer is a decentralized swap protocol for programmable liquidity
1. BAL Basic Info
| Symbol | BAL |
| Name | Balancer |
| Web Site | https://balancer.finance/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://etherscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 96150704 |
| Available Supply | 62358300 |
| Market Cap | 90232460.1 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 96150704 |
| Release Date | 2020-06-23 |
2. BAL Technical Info
2.1 BAL Kline Chart Price
2.2 BAL Technical Analysis
Based on the provided K-line data, the near-term trend is anticipated to exhibit continued volatility with a bearish bias. The price is likely to experience downward pressure, potentially breaking below the recent support levels. However, intermittent short-term upward corrections are possible, offering opportunities for profit-taking or reducing exposure. The overall sentiment is currently negative. Traders should expect increased price swings and consider implementing risk management strategies such as stop-loss orders. A sustained upward trend is not expected in the immediate future. The possibility of consolidation within a defined range cannot be excluded. It is crucial to monitor the market for any significant changes in volume or sudden shifts in price action, which may indicate a change in the prevailing trend.
