Lympo (LYM)
1. Fundamental Analysis
1.1 Introduce
1.2 Basic Info
Name | Value | Name | Value |
---|---|---|---|
Symbol | LYM | Market Cap | 381262 |
Name | Lympo | White Paper | -- |
Web Site | https://lympo.io | Is ICO | None |
Wallet | -- | Raised Funds | - |
Source | -- | Distribution | - |
Explorer | https://etherscan.io/ | Algorithm | -- |
Forum | -- | Proof | -- |
Mining | Total | 1250000000 | |
Supply | 1250000000 | Release Date | 2018-03-02 |
Available Supply | 843500000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The data shows a period of significant volatility and a general downward trend followed by a potential bottoming out phase. Beginning mid-December there was a sharp price increase reaching highs near 0.001251 on 2024-12-16 before experiencing a significant correction. The substantial selling volume of 9312.762187 on 2024-12-16 suggests strong bearish sentiment at those peak levels. From this point onward until the end of December there was a noticeable correction characterized by sharp price movements and high volume days such as 2980.810131 on 2024-12-27 and 6530.323707 on 2024-12-25 indicative of increased market activity during volatile periods. By the end of December the price reached its lowest point within the recorded dataset at 0.000437 on several days before closing at 0.000455 on 2024-12-31 forming a potential base. The notable surge in volume on 2024-12-31 at 659.043711 alongside the formation of a low price suggests significant buyer activity emerged around this level potentially signalling a reversal or at least a temporary pause in the downtrend. Finally the most recent data point 2025-01-01 shows a small increase in price to 0.00046 along with a substantial decline in volume to 157.250226 This suggests initial positive momentum may be weak providing insights only for very short periods in the immediate future. The period of extreme price volatility in mid-December caused by huge trading volumes indicates either high investor speculation or an external market event. Following the price reduction the market attempts to establish support levels with fluctuations which suggests uncertain short-term market sentiment. The low volume of 2025-01-01 implies low conviction indicating further consolidation or retesting of the lows.In the near term based on the most up to date information the market might experience a short period of price increase due to buying activity at the lows. However due to low trading volumes on the last date and general downtrend it is likely this might be followed by further testing of the lows. The long-term trend remains uncertain at this point given its prior extreme downtrend although the recent stabilization may be an indicator of a further trend change after careful testing of a support level depending on market reactions. It s also possible a sideways pattern will temporarily form to allow the market to catch its breath. As of now there is no decisive upward momentum from the current low to suggest strong upward trend.