1. Fundamental Analysis

1.1 Introduce

Fluence is the first decentralized “Cloudless” computing platform, providing an open alternative to the giant internet cloud monopolies. Fluence is up to 80% cheaper than cloud providers and is both resilient and verifiable. Fluence assembles excess compute capacity from top tier data centers around the world into a global, always on DePIN network that is suitable for running a wide range of applications. The platform is open, allowing users to change providers easily, ensuring that prices stay low and service levels are high.

1.2 Basic Info

NameValueNameValue
SymbolFLTMarket Cap28161020.88
NameFluenceWhite Paper--
Web Sitehttps://fluence.network/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2024-03-20
Available Supply90520800

2. Technical Analysis

2.1 Kline Chart

2.2 Analysis

The analysis of the provided K-line daily chart indicates a potential reversal from a bearish trend to a bullish trend. The price has been consolidating within a higher range and has shown a series of higher highs and higher lows. The volume has been increasing, suggesting strong buying interest. The chart shows a possible bullish continuation pattern, with the most recent candlestick showing a strong close above the previous high, indicating a potential upward move.