PSJ Global (CYCON)
1. Fundamental Analysis
1.1 Introduce
The CYCON project is centered around OceanDrive, a decentralized storage solution based on blockchain technology, which rewards users with CYCON when they use the platform. CYCON is also used in the operation of WorldArtDexpo, an NFT exchange for physical artworks using OceanDrive, and in various games. The CYCON project is expanding the CYCON ecosystem by providing various services.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | CYCON | Market Cap | 35372 |
| Name | PSJ Global | White Paper | -- |
| Web Site | https://psjglobal.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://scope.klaytn.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 5000000000 | |
| Supply | 5000000000 | Release Date | 2022-04-21 |
| Available Supply | 20000000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart shows a strong upward trend with several consolidations and pullbacks. The price has been consistently moving higher over the past few months, indicating a bullish market sentiment. The volume has been increasing, suggesting strong buying pressure. The chart shows a potential reversal pattern at the end of the data range, with a bearish engulfing pattern forming. Future trends may see a pullback or consolidation before resuming the upward trend.
