Netswap (NETT)
1. Fundamental Analysis
1.1 Introduce
Netswap builds on the frontier of DeFi, providing users with an innovative and unique trading experience that is seamless, accessible and empowering. Maximize your yield generating activities on the premier and market leading multi-functional Decentralised Trading Platform. Exclusive to the Metis Andromeda(Layer2).
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | NETT | Market Cap | 1702056.5760374 |
| Name | Netswap | White Paper | -- |
| Web Site | https://netswap.io | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://andromeda-explorer.metis.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 16666667 | |
| Supply | 16666667 | Release Date | 2021-12-23 |
| Available Supply | 10334284.007512985 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.1647 | 0.1647 | 0.1647 | 0.1647 | 10.3761 |
| 2024-12-31 | 0.1836 | 0.1836 | 0.1527 | 0.1766 | 571.62707 |
| 2024-12-30 | 0.167 | 0.1842 | 0.1571 | 0.1596 | 126.250008 |
| 2024-12-29 | 0.16 | 0.1847 | 0.16 | 0.1847 | 640.780554 |
| 2024-12-28 | 0.1835 | 0.184 | 0.1571 | 0.1571 | 294.213823 |
| 2024-12-27 | 0.1889 | 0.2031 | 0.169 | 0.169 | 295.359785 |
| 2024-12-26 | 0.1919 | 0.2236 | 0.1681 | 0.1889 | 1433.785556 |
| 2024-12-25 | 0.1921 | 0.2423 | 0.1652 | 0.2033 | 747.020271 |
| 2024-12-24 | 0.1866 | 0.1922 | 0.1656 | 0.1922 | 423.079031 |
| 2024-12-23 | 0.2103 | 0.2142 | 0.1933 | 0.1933 | 282.287542 |
| 2024-12-22 | 0.2103 | 0.2103 | 0.1851 | 0.1851 | 264.827046 |
| 2024-12-21 | 0.1922 | 0.2236 | 0.1922 | 0.2103 | 525.586682 |
| 2024-12-20 | 0.2004 | 0.2236 | 0.0924 | 0.1922 | 1948.1144414 |
| 2024-12-19 | 0.2236 | 0.2236 | 0.2033 | 0.2033 | 414.941496 |
| 2024-12-18 | 0.2878 | 0.2878 | 0.2402 | 0.2404 | 992.414794 |
| 2024-12-17 | 0.2545 | 0.2916 | 0.2545 | 0.26 | 144.084063 |
| 2024-12-16 | 0.272 | 0.2948 | 0.2495 | 0.2916 | 1229.358343 |
| 2024-12-15 | 0.235 | 0.2946 | 0.2 | 0.2634 | 2462.800227 |
| 2024-12-14 | 0.2428 | 0.2594 | 0.23 | 0.2585 | 709.340521 |
| 2024-12-13 | 0.2324 | 0.2327 | 0.2236 | 0.2327 | 1109.124502 |
| 2024-12-12 | 0.2094 | 0.27 | 0.209 | 0.2326 | 3393.731702 |
| 2024-12-11 | 0.2297 | 0.2444 | 0.2067 | 0.2421 | 597.586015 |
| 2024-12-10 | 0.2202 | 0.2944 | 0.1937 | 0.2282 | 3955.07341 |
| 2024-12-09 | 0.2495 | 0.2677 | 0.2 | 0.2153 | 3250.906157 |
| 2024-12-08 | 0.263 | 0.2946 | 0.2252 | 0.2518 | 2260.974388 |
| 2024-12-07 | 0.3061 | 0.3061 | 0.25 | 0.2603 | 3298.523128 |
| 2024-12-06 | 0.3863 | 0.4146 | 0.2863 | 0.2917 | 10528.125676 |
| 2024-12-05 | 0.4263 | 0.5 | 0.35 | 0.3808 | 9065.825352 |
| 2024-12-04 | 0.3587 | 0.469 | 0.3582 | 0.4262 | 3259.738851 |
| 2024-12-03 | 0.3961 | 0.4561 | 0.3 | 0.3833 | 11189.072141 |
2.2 Analysis
The recent price action shows a strong upward trend followed by a significant correction, consolidating around the 0.20 level after a sharp decline from highs above 0.40. While short-term volatility is expected, the overall trend suggests a potential medium-term bullish outlook, though further confirmation is needed. Sustained trading above 0.25 would indicate renewed strength. However, failure to break above recent resistance levels may result in further sideways movement or a potential retest of lower support levels. Volume fluctuations correlate with price movements, suggesting market participation is responsive to price changes. Close observation of volume and price action around key support and resistance zones is crucial for accurate prediction of future trends. The possibility of a range-bound market exists, pending the resolution of current consolidation.
