1. Fundamental Analysis

1.1 Introduce

The Nelore Coin project is an innovative initiative in the livestock sector that has been tokenized, offering a sustainable investment opportunity in the beef market. Capitalizing through its token, Nelore Coin is engaged in the production, commercialization, and exportation of beef, integrating the advantages of blockchain technology. Committed to enhancing investment value, 30% of the company s profits are used to repurchase and burn tokens, thereby increasing the token s value and scarcity over the long term, benefiting holders, and contributing to a more sustainable economy.

1.2 Basic Info

NameValueNameValue
SymbolNLCMarket Cap79822.08816
NameNelore CoinWhite Paper--
Web Sitehttps://nelorecoin.com/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://bscscan.com/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2023-02-07
Available Supply332592034

2. Technical Analysis

2.1 Kline Data

DateOpenHighLowCloseVolumn
2025-01-010.000240.000240.000240.0002415.253824
2024-12-310.0002110.00027120.00020.00024356.3226823
2024-12-300.00019010.00022620.00018670.000213346.20664115
2024-12-290.00018670.00021330.00018670.00021339.35723227
2024-12-280.0001910.0001910.00018650.0001926.86515388
2024-12-270.00019060.00021380.00019060.00021387.58350232
2024-12-260.00022720.00022720.00018660.0001906235.15102393
2024-12-250.00020730.00024990.00020730.0002213612.1531701
2024-12-240.00020370.00020580.00020340.0002058118.47012808
2024-12-230.00018720.00018720.00018720.00018720.0
2024-12-220.00019770.00020450.0001450.0001872437.25402379
2024-12-210.00021950.00021950.000110.0001751321.55445638
2024-12-200.0002070.0002070.00020120.0002013130.90017018
2024-12-190.000250.000250.00020220.0002297150.36332755
2024-12-180.00025440.00025820.00023220.000258222.72137292
2024-12-170.00024310.00025480.0002430.00024640.99415112
2024-12-160.00025970.00025990.00025970.000259950.18996068
2024-12-150.000260.000270.00023330.000259974.27269152
2024-12-140.00028970.000290.000260.0002656.4643763
2024-12-130.00026230.0002920.000260.000292173.31135991
2024-12-120.00029480.00031360.0002570.0002834364.54406261
2024-12-110.00028290.00033090.00025050.00033091258.66468078
2024-12-100.00029250.00031590.00027050.0002828434.22883055
2024-12-090.00030340.00032640.000280.00028361.2210007
2024-12-080.00030010.00033080.00030.0003221345.33873217
2024-12-070.00029310.000360.00028280.0003256639.93049779
2024-12-060.0002560.00029220.0002360.00029211361.59282323
2024-12-050.00027420.00028240.0002280.0002563362.0482247
2024-12-040.00027250.000320.000250.00028261413.15435175
2024-12-030.0002780.0002780.000250.0002699131.53864281

2.2 Analysis

The recent price action suggests a period of consolidation followed by a potential upward trend. However, volume needs to increase significantly to confirm a sustained bullish movement. Short-term volatility is expected, with potential for minor corrections. Long-term outlook remains cautiously optimistic, contingent on broader market conditions and external factors. A decisive break above recent highs would signal stronger bullish momentum. Conversely, failure to break resistance levels could lead to a period of sideways trading or even a minor downward correction.