Orchid (OXT)
OXT is an Ethereum (ERC-20) compliant digital currency used to exchange value on the Orchid network. Orchid users purchase bandwidth with OXT, and Orchid node providers receive OXT in exchange for their bandwidth. Both users and providers stake OXT.
1. OXT Basic Info
| Symbol | OXT |
| Name | Orchid |
| Web Site | https://www.orchid.com |
| Wallet | -- |
| Source | -- |
| Explorer | https://etherscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 1000000000 |
| Available Supply | 591545000 |
| Market Cap | 46649238.7 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 1000000000 |
| Release Date | 2019-12-01 |
2. OXT Technical Info
2.1 OXT Kline Chart Price
2.2 OXT Technical Analysis
Based on the provided K-line data, the following trends are predicted:
Short-term: The price is likely to experience continued downward pressure. The recent price action shows a series of lower highs and lower lows, with a clear downtrend established over the past few trading days. The volume data, while fluctuating, suggests that the selling pressure might be increasing. There is a potential for the price to test the support levels established around 0.076. A brief consolidation period could also occur before the next move.
Mid-term: The overall trend appears bearish. The price has been trending downwards for the last month. There might be potential for further declines. Resistance levels will likely form around the 0.080 to 0.083 range. A sustained break above these levels would be needed to signal a potential trend reversal.
Long-term: The K-line data doesn t provide enough information for a long-term prediction. Further data points would be required to establish the long-term potential of the asset.
