Octaspace (OCTA)
1. Fundamental Analysis
1.1 Introduce
OctaSpace is the epitome of DePIN. Backed by a native L1 blockchain, OctaSpace is a multifaceted decentralized computing services provider with an extensive range of services, catering to a wide array of user computing requirements, from standard compute to bespoke ready-to-launch and use solutions. Our mission is to provide a decentralized and versatile ecosystem that empowers individuals and organizations with access to powerful computing resources and innovative tools.Founded on the principles of decentralization and the democratization of computing, our services are both cost-effective and designed with ease of use in mind.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | OCTA | Market Cap | 36431635.9143 |
| Name | Octaspace | White Paper | -- |
| Web Site | https://octa.space | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://scan.octa.space/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 48000000 | |
| Supply | 48000000 | Release Date | 2023-04-05 |
| Available Supply | 33353141 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 1.1374 | 1.1375 | 1.0739 | 1.0923 | 2739.775765 |
| 2024-12-31 | 1.1265 | 1.1543 | 1.0563 | 1.1374 | 37695.055834 |
| 2024-12-30 | 1.1563 | 1.1663 | 1.06 | 1.1263 | 25028.499764 |
| 2024-12-29 | 1.1479 | 1.18 | 1.1199 | 1.1657 | 20125.791468 |
| 2024-12-28 | 1.2046 | 1.206 | 1.1093 | 1.1491 | 32461.506267 |
| 2024-12-27 | 1.1957 | 1.2396 | 1.1347 | 1.2046 | 32090.093123 |
| 2024-12-26 | 1.2673 | 1.2973 | 1.1845 | 1.2058 | 32183.059622 |
| 2024-12-25 | 1.239 | 1.2879 | 1.2221 | 1.2575 | 22892.489003 |
| 2024-12-24 | 1.1887 | 1.2698 | 1.1752 | 1.2377 | 36947.365674 |
| 2024-12-23 | 1.2172 | 1.2401 | 1.14 | 1.1887 | 54189.165745 |
| 2024-12-22 | 1.1775 | 1.2673 | 1.15 | 1.21 | 46176.691258 |
| 2024-12-21 | 1.2691 | 1.3067 | 1.164 | 1.1839 | 36116.720257 |
| 2024-12-20 | 1.2272 | 1.3224 | 1.09 | 1.2691 | 72577.931918 |
| 2024-12-19 | 1.3721 | 1.3818 | 1.1983 | 1.2272 | 74260.041708 |
| 2024-12-18 | 1.3612 | 1.4356 | 1.3209 | 1.3722 | 92798.190942 |
| 2024-12-17 | 1.4089 | 1.4285 | 1.3 | 1.3622 | 109220.100843 |
| 2024-12-16 | 1.4094 | 1.5216 | 1.3722 | 1.4187 | 125777.638608 |
| 2024-12-15 | 1.5848 | 1.639 | 1.3892 | 1.4108 | 200714.894156 |
| 2024-12-14 | 1.593 | 1.68 | 1.49 | 1.5848 | 59789.502051 |
| 2024-12-13 | 1.6414 | 1.6698 | 1.4961 | 1.6025 | 68495.294854 |
| 2024-12-12 | 1.6459 | 1.699 | 1.5667 | 1.6414 | 66993.924355 |
| 2024-12-11 | 1.6031 | 1.6784 | 1.4293 | 1.6612 | 99468.361644 |
| 2024-12-10 | 1.6442 | 1.7008 | 1.5 | 1.601 | 107194.304363 |
| 2024-12-09 | 1.9037 | 1.9054 | 1.618 | 1.6441 | 76323.972512 |
| 2024-12-08 | 1.9103 | 1.9424 | 1.8168 | 1.9 | 52960.948217 |
| 2024-12-07 | 1.8589 | 1.9714 | 1.8131 | 1.9103 | 66346.099418 |
| 2024-12-06 | 1.8131 | 1.8941 | 1.7922 | 1.8589 | 59489.768136 |
| 2024-12-05 | 1.8112 | 1.895 | 1.7558 | 1.8131 | 57285.696334 |
| 2024-12-04 | 1.7525 | 1.895 | 1.7525 | 1.8101 | 106784.809719 |
| 2024-12-03 | 1.674 | 1.816 | 1.5416 | 1.7525 | 147790.49123 |
2.2 Analysis
The recent upward trend has reversed, indicating a potential short-term bearish correction. However, underlying strength remains, suggesting a resumption of the upward trend is likely after the correction concludes. Medium-term outlook remains bullish, with potential for further significant gains. Volatility is expected to remain high in the short-term. Close monitoring of support and resistance levels is crucial for precise entry and exit points.
