1. Fundamental Analysis

1.1 Introduce

Hatom has built a complete Ecosystem dedicated to fostering DeFi on MultiversX, offering a range of products designed to shape the landscape, including a lending and borrowing protocol, liquid staking, a native stablecoin, and lending as a service among other ventures. Hatom s ecosystem is committed to providing users with secure, transparent, and user-friendly access to DeFi services while emphasizing scalability and security within the MultiversX blockchain.

1.2 Basic Info

NameValueNameValue
SymbolHTMMarket Cap43390035.99
NameHatomWhite Paper--
Web Sitehttp://hatom.com/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://explorer.multiversx.com/Algorithm--
Forum--Proof--
Mining Total100000000
Supply100000000Release Date2023-07-20
Available Supply44764300

2. Technical Analysis

2.1 Kline Chart

2.2 Analysis

The K-line chart indicates a strong upward trend in the asset price, with several notable patterns and points of interest:

  1. The price has been on a steady rise over the past few months.
  2. There have been several instances of high volume trading, which may indicate significant interest or activity in the market.
  3. The asset experienced a sharp increase in price from December 19th to December 21st, followed by a pullback but still remained above the previous highs.
  4. The asset saw a significant increase in price from December 8th to December 10th, followed by a pullback but remained above the previous highs.
  5. The price formed a bullish engulfing pattern on December 23rd, which is a positive sign.
  6. There is a potential head and shoulders pattern forming, which could indicate a reversal if the price breaks below the neckline.

Predicted Future Trends:

  1. The asset is likely to continue its upward trend in the short term.
  2. A break below the neckline of the potential head and shoulders pattern could indicate a reversal.
  3. The next significant resistance level to watch for is around the previous highs.