Bifrost (BFC)
Bifrost is a multichain middleware platform that enables developers to use multiple blockchain protocols simultaneously and seamlessly. With Bifrost, developers can select and combine the best suited blockchains to develop a substantially more scalable and fiexible DApps on a whole new blockchain ecosystem.
1. BFC Basic Info
| Symbol | BFC |
| Name | Bifrost |
| Web Site | https://bifrostnetwork.com |
| Wallet | -- |
| Source | -- |
| Explorer | https://etherscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 2368584074 |
| Available Supply | 1391270000 |
| Market Cap | 54092577.6 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 2368584074 |
| Release Date | 2020-12-19 |
2. BFC Technical Info
2.1 BFC Kline Chart Price
2.2 BFC Technical Analysis
The price is likely to experience a period of consolidation, oscillating within a relatively narrow range. This period may be characterized by low volatility and a lack of decisive directional movement. However, a slight bullish bias is anticipated, suggesting the possibility of a gradual upward trend in the medium term. The support level appears to be established around 0.0330, while resistance is likely to be encountered around 0.0390. Volume analysis suggests a potential for increasing buying pressure, particularly if the price successfully breaks above the immediate resistance levels. Traders should monitor the price behavior around the key support and resistance levels for potential breakout or breakdown signals. Furthermore, keep an eye on the volume to confirm the strength of any potential price movements. A sustained increase in volume during an upward movement would reinforce the bullish outlook. Conversely, increasing volume during a downward movement could signal a potential bearish reversal.
