Fringe Finance (FRIN)
1. Fundamental Analysis
1.1 Introduce
The Fringe Finance platform is dedicated to unlocking the capital in speculative cryptocurrency assets by providing loans collateralized by these assets. Holders of these more speculative assets who have conviction to the upside price opportunity of their tokens can now put them to productive work instead of just waiting idly for their price to appreciate.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | FRIN | Market Cap | 724700 |
| Name | Fringe Finance | White Paper | -- |
| Web Site | https://fringe.fi/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | |
| Available Supply | 1000000000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analyzed K-line daily chart shows a pattern of upward momentum with significant volatility. There has been a consistent increase in the closing prices, indicating a bullish trend. The volume has experienced fluctuations but generally remains elevated, suggesting strong participation in the market. The chart suggests the following conclusions and potential future trends:
- The asset is in an uptrend.
- There is potential for further upward movement.
- Volatility is expected to remain high.
- Watch for any signs of a pullback or consolidation.
- Increased volume on upward days indicates strong support for the uptrend.
- Be cautious of sudden reversals due to high volatility.
- Potential for a consolidation phase before continuing the uptrend.
- The uptrend may face resistance at higher price levels.
