Interlay (INTR)
1. Fundamental Analysis
1.1 Introduce
Interlay is a decentralized network dedicated to connecting crypto-currencies like Bitcoin with DeFi platforms like Polkadot and Ethereum. The Interlay network is hosted as a Polkadot parachain and will be connected to Cosmos, Ethereum and other major DeFi networks.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | INTR | Market Cap | 2398795.7 |
| Name | Interlay | White Paper | -- |
| Web Site | https://interlay.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://interlay.subscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | -- | |
| Supply | -- | Release Date | |
| Available Supply | 229990000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart analysis suggests a downward trend with a notable reversal attempt. There is a strong bearish sentiment evident from the declining close prices, with occasional upward corrections that do not sustain. The volume tends to increase during periods of downward movement, suggesting strong selling pressure. The downward trend appears to be consolidating, and there may be an impending bullish reversal. However, caution is advised as the trend remains uncertain, and further analysis is recommended before making trading decisions.
