Hacken Token (HAI)
1. Fundamental Analysis
1.1 Introduce
Hacken Token is a native token that powers most of the activities with the Hacken Ecosystem. The Hacken token can be used for discounted HackenAI subscription fees as well as purchasing additional services within the Hacken Ecosystem including corporate and crypto exchanges cybersecurity services.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | HAI | Market Cap | 52700697.76 |
| Name | Hacken Token | White Paper | -- |
| Web Site | https://hacken.ai | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explore.veforge.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | |
| Available Supply | 833608000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart shows a mixed trend with periods of consolidation and strong movements. The price has been fluctuating within a range, indicating indecision in the market. The following conclusions can be drawn:
- The price has been trending upwards from late November to early December, but has since consolidated.
- There is a strong support level around 0.0630-0.0640, which has been tested multiple times without significant breaks.
- The recent downward trend has been met with resistance around 0.0680, suggesting potential for a reversal.
- The volume has been increasing during the upward trend and decreasing during the downward trend, indicating a lack of conviction in the market.
- The price has formed a bearish trendline, which could be tested in the near future.
- The RSI and MACD indicators are showing mixed signals, with the RSI indicating potential oversold conditions and the MACD suggesting a bearish trend.
Based on the analysis, the future trend is uncertain, but there is a possibility of a downward trend if the price breaks below the strong support level. However, a reversal to an upward trend cannot be ruled out if the price manages to break above the bearish trendline and the resistance level around 0.0680.
