Nerve Finance (NRV)
1. Fundamental Analysis
1.1 Introduce
Nerve is an automated market maker (AMM) specifically designed for trading stablecoins and pegged assets on the Binance Smart Chain. Nerve s first pool is launching with a basket of a dollar-pegged stablecoins consisting of BUSD, USDT & USDC.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | NRV | Market Cap | 107502.817575 |
| Name | Nerve Finance | White Paper | -- |
| Web Site | https://nerve.fi | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://bscscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 150553699.193293 | |
| Supply | 150553699.193293 | Release Date | 2021-03-08 |
| Available Supply | 46237771 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.002325 | 0.002325 | 0.002325 | 0.002325 | 6.995925 |
| 2024-12-31 | 0.002323 | 0.00234 | 0.002315 | 0.002334 | 59.0092005 |
| 2024-12-30 | 0.002295 | 0.0025 | 0.002145 | 0.002498 | 350.209725 |
| 2024-12-29 | 0.00231 | 0.0024 | 0.002145 | 0.0024 | 1024.5705031 |
| 2024-12-28 | 0.002313 | 0.002498 | 0.002313 | 0.002498 | 10.6568513 |
| 2024-12-27 | 0.00231 | 0.00231 | 0.002303 | 0.002303 | 8.773506 |
| 2024-12-26 | 0.002321 | 0.0025 | 0.002289 | 0.002303 | 91.497794 |
| 2024-12-25 | 0.00229 | 0.002495 | 0.002201 | 0.002495 | 33.2518894 |
| 2024-12-24 | 0.002294 | 0.002495 | 0.002209 | 0.002495 | 22.0521824 |
| 2024-12-23 | 0.002306 | 0.002495 | 0.002306 | 0.002495 | 49.9997914 |
| 2024-12-22 | 0.002296 | 0.002499 | 0.002276 | 0.002494 | 35.9722713 |
| 2024-12-21 | 0.002334 | 0.002452 | 0.002201 | 0.002452 | 112.6343385 |
| 2024-12-20 | 0.00246 | 0.002475 | 0.002202 | 0.002347 | 1182.0886662 |
| 2024-12-19 | 0.002481 | 0.002485 | 0.002369 | 0.002369 | 239.0580121 |
| 2024-12-18 | 0.002526 | 0.0027 | 0.002371 | 0.002495 | 144.7324207 |
| 2024-12-17 | 0.002519 | 0.002521 | 0.002519 | 0.002521 | 5.5882632 |
| 2024-12-16 | 0.00251 | 0.00271 | 0.002368 | 0.002514 | 63.6915971 |
| 2024-12-15 | 0.002518 | 0.002726 | 0.002371 | 0.002521 | 65.7592834 |
| 2024-12-14 | 0.002529 | 0.002728 | 0.002368 | 0.002727 | 172.1744041 |
| 2024-12-13 | 0.002469 | 0.002677 | 0.002369 | 0.002369 | 79.3736487 |
| 2024-12-12 | 0.002471 | 0.002575 | 0.002455 | 0.002469 | 194.9385164 |
| 2024-12-11 | 0.002471 | 0.002539 | 0.002369 | 0.002461 | 45.6053071 |
| 2024-12-10 | 0.002535 | 0.002535 | 0.002369 | 0.002471 | 391.7159555 |
| 2024-12-09 | 0.002556 | 0.002556 | 0.002465 | 0.002537 | 358.1697653 |
| 2024-12-08 | 0.002584 | 0.002609 | 0.002467 | 0.00256 | 99.0233466 |
| 2024-12-07 | 0.002595 | 0.002805 | 0.002465 | 0.002585 | 308.4005949 |
| 2024-12-06 | 0.002538 | 0.002956 | 0.002424 | 0.0025 | 971.5012322 |
| 2024-12-05 | 0.002396 | 0.00307 | 0.002367 | 0.002538 | 1717.5016036 |
| 2024-12-04 | 0.002174 | 0.002923 | 0.002055 | 0.002396 | 2243.4502906 |
| 2024-12-03 | 0.002142 | 0.002573 | 0.0021 | 0.0021 | 217.4942539 |
2.2 Analysis
The recent price action shows a period of consolidation followed by a significant upward trend, culminating in a peak around 0.0027. Subsequent price movements indicate a potential correction or retracement. While short-term volatility is expected, the overall trend suggests a bullish outlook with the potential for further price increases in the medium to long term, contingent upon sustained trading volume and market conditions. However, close monitoring for potential resistance levels is advised.
