Orao Network (ORAO)
1. Fundamental Analysis
1.1 Introduce
Orao Network is a Polkadot native oracle service for custom data feeds. Its substrate based blockchain provides a large variety of secure data at high speed in real-time, everything from local weather data to the outcome of football matches with maximum scalability for any blockchain.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | ORAO | Market Cap | 29075.4788364 |
| Name | Orao Network | White Paper | -- |
| Web Site | https://orao.network/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2021-05-04 |
| Available Supply | 39397667.8 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.000738 | 0.000738 | 0.000738 | 0.000738 | 0.0 |
| 2024-12-31 | 0.000714 | 0.000738 | 0.00064 | 0.000738 | 75.137319 |
| 2024-12-30 | 0.00065 | 0.000733 | 0.000641 | 0.000641 | 181.924477 |
| 2024-12-29 | 0.00069 | 0.00069 | 0.000689 | 0.000689 | 6.268984 |
| 2024-12-28 | 0.0007 | 0.0007 | 0.000629 | 0.000641 | 54.851501 |
| 2024-12-27 | 0.000663 | 0.000696 | 0.000661 | 0.000696 | 180.390101 |
| 2024-12-26 | 0.000738 | 0.000738 | 0.000637 | 0.00068 | 777.561489 |
| 2024-12-25 | 0.000801 | 0.001413 | 0.000634 | 0.000738 | 8139.459623 |
| 2024-12-24 | 0.000851 | 0.000851 | 0.000851 | 0.000851 | 1.19991 |
| 2024-12-23 | 0.00081 | 0.000891 | 0.00076 | 0.000797 | 249.107784 |
| 2024-12-22 | 0.00085 | 0.00087 | 0.0008 | 0.0008 | 156.954929 |
| 2024-12-21 | 0.000816 | 0.000868 | 0.000799 | 0.000868 | 165.209344 |
| 2024-12-20 | 0.000912 | 0.000921 | 0.00072 | 0.000816 | 285.917955 |
| 2024-12-19 | 0.000925 | 0.000925 | 0.000836 | 0.000845 | 134.213002 |
| 2024-12-18 | 0.00098 | 0.000984 | 0.000817 | 0.00082 | 490.055365 |
| 2024-12-17 | 0.000812 | 0.0011 | 0.000802 | 0.000974 | 1025.764128 |
| 2024-12-16 | 0.00086 | 0.000865 | 0.000773 | 0.000813 | 292.111067 |
| 2024-12-15 | 0.000959 | 0.000959 | 0.000781 | 0.00088 | 501.362038 |
| 2024-12-14 | 0.000932 | 0.001091 | 0.000837 | 0.00092 | 1760.430948 |
| 2024-12-13 | 0.000852 | 0.000998 | 0.000852 | 0.00094 | 493.477517 |
| 2024-12-12 | 0.000861 | 0.000898 | 0.000759 | 0.000798 | 1780.707316 |
| 2024-12-11 | 0.000792 | 0.000988 | 0.000792 | 0.000796 | 969.521218 |
| 2024-12-10 | 0.00072 | 0.000814 | 0.00072 | 0.000744 | 667.43923 |
| 2024-12-09 | 0.000776 | 0.000805 | 0.000717 | 0.000789 | 615.279364 |
| 2024-12-08 | 0.000895 | 0.000899 | 0.000731 | 0.000792 | 1498.30958 |
| 2024-12-07 | 0.000753 | 0.000928 | 0.000731 | 0.000822 | 1541.973288 |
| 2024-12-06 | 0.000796 | 0.000822 | 0.000736 | 0.000755 | 1109.602876 |
| 2024-12-05 | 0.000736 | 0.0008 | 0.000731 | 0.000792 | 547.541591 |
| 2024-12-04 | 0.000762 | 0.000787 | 0.000682 | 0.000741 | 411.862532 |
| 2024-12-03 | 0.00068 | 0.000782 | 0.00068 | 0.000693 | 575.158491 |
2.2 Analysis
The recent price action shows a period of consolidation following a significant price increase in mid-December 2024. While volatility remains present, the overall trend suggests a potential short-term sideways movement or minor pullback before a resumption of an upward trend. Continued monitoring of volume and potential resistance/support levels is crucial for more precise prediction. The extremely low volume on 2025-01-01 warrants further investigation for potential market manipulation or thin liquidity. Medium-term outlook remains cautiously bullish, but short-term uncertainty persists.
