1. Fundamental Analysis

1.1 Introduce

Blockchain has shaken up industries such as finance, medical care, education, and entertainment, and is the most potential new technology. Blocto provides in-depth blockchain application navigation and the most approachable operating experience, allowing you to explore this new world easily and freely.

1.2 Basic Info

NameValueNameValue
SymbolBLTMarket Cap1166988.8
NameBlocto TokenWhite Paper--
Web Sitehttps://blocto.portto.com/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://www.flowdiver.io/Algorithm--
Forum--Proof--
Mining Total500000000
Supply500000000Release Date2021-09-29
Available Supply235280000

2. Technical Analysis

2.1 Kline Chart

2.2 Analysis

The analysis of the provided K-line daily chart suggests the following conclusions:

  1. The asset has experienced a significant increase in volatility in the past few days.
  2. There is a potential for a downward trend in the near future.
  3. The asset has shown a tendency to retest higher highs and lows, indicating a range-bound market.
  4. The trading volume has been fluctuating, with a notable increase on days with significant price movements.
  5. The asset has shown a downward trend in the last few trading sessions, with the close price consistently below the open price.
  6. There is a possibility of a reversal or consolidation in the near term.
  7. The overall market sentiment appears to be bearish, but there are signs of potential bearish continuation.
  8. The asset may be approaching a key support level, which could trigger a bounce or a continuation of the downward trend.
  9. The chart shows a potential head and shoulders pattern, which could indicate a bearish trend in the future.
  10. The asset has a strong bearish trend in the long term, but there may be opportunities for short-term trading.