Milady Meme Coin (LADYS)
1. Fundamental Analysis
1.1 Introduce
This token is simply paying homage to the Milady NFT collection that we all love and recognize.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | LADYS | Market Cap | 64966153.16 |
| Name | Milady Meme Coin | White Paper | -- |
| Web Site | https://milady.gg/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 888000888000888 | |
| Supply | 888000888000888 | Release Date | 2023-05-08 |
| Available Supply | 888001000000000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the provided K-line data reveals a mixed and volatile trading period. Initially, a significant downtrend appears to have culminated around December 22nd, with prices reaching a low point of 7.103e-08 followed by a minor recovery to 7.773e-08 by December 23rd. A more pronounced upward movement begins on December 24th reaching 8.3e-08, showing an attempt to break the downward spiral. However this is immediately followed by a corrective phase down to the 7.533e-08 level on December 26th. A sharp rise to 8.184e-08 transpires around the 28th of December showing a short lived positive momentum shift. This movement is immediately met with a heavy sell off leading to a sharp decline to 7.379e-08 on December 31st followed by a close to the observation period at 7.318e-08 on January 1st. This indicates an overall failure of upward momentum after the initial attempts to break the downtrend.
Volume analysis is critical to understanding the price action. The early period of significant declines shows a substantial volume indicating heavy selling pressure. Similarly the period from December 20th to the 28th displays significant volume that is well above average pointing to strong price movement. Later trading days see a marked drop in volume, particularly around the last few trading days suggesting weak conviction in the current trend.
The overall picture suggests a volatile period characterized by price instability and weak trend adherence. Trading activity sees considerable volume fluctuations, which often suggests uncertainty from market participants. The closing date seeing the lowest volumes out of the entire range hints at a potential lull in activity. This could indicate indecision as to the next possible movement.
The lack of sustained upward momentum indicates a period of strong selling pressure at times that seems to negate any positive movement. Therefore any prediction should take significant fluctuations and high volatility with caution when making future predictions. The most reasonable trend prediction, given recent performance and volume is a continuation of the downward trend with probable high volatility. However, any sharp movement should not come as a surprise given recent price shifts. Therefore cautious trading should be applied in the period immediately following 1st of January 2025.
