Gearbox (GEAR)
1. Fundamental Analysis
1.1 Introduce
Gearbox Protocol allows anyone to take DeFi-native leverage and then use it across various (DeFi & more) protocols. This enables you to compose your position as you want. You take leverage with Gearbox and then use it on other protocols you already love: Uniswap, Curve, Convex, Lido, etc.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | GEAR | Market Cap | 126410000 |
| Name | Gearbox | White Paper | -- |
| Web Site | https://gearbox.finance/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 10000000000 | |
| Supply | 10000000000 | Release Date | 2022-12-19 |
| Available Supply | 10000000000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart analysis suggests the following:
- The price has been experiencing significant volatility over the past month.
- There is a clear trend of increasing volatility towards the end of the month.
- The price has been moving within a relatively tight range, with the most recent trading sessions showing a higher range.
- The volume has been fluctuating, but there has been a notable increase in volume towards the end of the month.
- There is a potential reversal pattern forming, with the last candlestick showing a close above the previous day s high.
- The overall trend appears to be bearish, but there may be a short-term bullish reversal in the near term.
- Future trends may see a continuation of the upward trend if the current bullish reversal holds.
- There is a possibility of a pullback or consolidation before the next significant move.
- The next major resistance level is around 0.0135, and the next major support level is around 0.0115.
