handle.fi (FOREX)
1. Fundamental Analysis
1.1 Introduce
handle.fi is a decentralised multi currency stablecoin protocol which allows users to create and exchange multi-currency stablecoins; called fxTokens. fxTokens are collateral backed stablecoins representing, and soft pegged to, a range of currencies. users create fxTokens by depositing eligible collateral and minting stablecoins secured by this collateral.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | FOREX | Market Cap | 41901.124 |
| Name | handle.fi | White Paper | -- |
| Web Site | https://handle.fi | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 420000000 | |
| Supply | 420000000 | Release Date | |
| Available Supply | 114172000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
Convergence of support and resistance levels with increasing volume, indicating potential consolidation phase ahead. Strong downward momentum in the previous days with high volume suggests bearish trend continuation. Short-term downward trend expected, with a possibility of further price decline.
