1. Fundamental Analysis

1.1 Introduce

1.2 Basic Info

NameValueNameValue
SymbolCAPSMarket Cap8477167.27
NameTernoaWhite Paper--
Web Site Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://explorer.ternoa.com/Algorithm--
Forum--Proof--
Mining Total2500000000
Supply2500000000Release Date2021-05-28
Available Supply1748230000

2. Technical Analysis

2.1 Kline Chart

2.2 Analysis

The analysis of the provided K-line daily chart suggests a series of trends and patterns that may indicate the potential future direction of the asset being analyzed. Here is the conclusion:

  1. The asset experienced a significant high on December 25th, with a subsequent high on December 24th, indicating a strong bullish trend in the final days of December.
  2. The asset had a sharp increase in volume on December 25th, suggesting a strong interest or participation in the market.
  3. The asset s price has been fluctuating within a range from approximately 0.0047 to 0.0060, with a recent surge above the upper range.
  4. There has been a notable increase in the trading range in late December, which may indicate a potential breakout from the established range.
  5. The asset had a strong upward movement on December 4th, with a subsequent consolidation phase.
  6. The price has been showing a downward trend since early December, with some minor upward corrections.
  7. The volume has been decreasing over the past few days, which could be a sign of decreasing interest or accumulation.

Based on the analysis:

  • The asset is currently experiencing a potential breakout from a consolidation phase.
  • There is a possibility of an upward trend in the near future, given the strong movement on December 25th and the subsequent increase in volume.
  • It is advisable to be cautious as the asset has been showing a downward trend over the past few weeks.
  • Further analysis of higher time frames and additional indicators would be beneficial to confirm the trend and make informed trading decisions.