ChainPort (PORTX)
1. Fundamental Analysis
1.1 Introduce
ChainPort is an innovative blockchain bridge that provides custodian-level security with real interoperability - ChainPort token supports 7 blockchains and will be supporting all big EVM in Q1 2022 and non-EVM starting in Q2 2022. ChainPort is live and has over 140 tokens using ChainPort with about 250M in TVL.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | PORTX | Market Cap | 342268 |
| Name | ChainPort | White Paper | -- |
| Web Site | https://chainport.io | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 680000000 | |
| Supply | 680000000 | Release Date | |
| Available Supply | 171134000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.002 | 0.002 | 0.002 | 0.002 | 0.0 |
| 2024-12-31 | 0.00183 | 0.002 | 0.00183 | 0.002 | 574.4637991 |
| 2024-12-30 | 0.001977 | 0.002 | 0.001926 | 0.001927 | 91.7652872 |
| 2024-12-29 | 0.00199 | 0.00199 | 0.001717 | 0.001975 | 511.0466497 |
| 2024-12-28 | 0.0019 | 0.001989 | 0.001821 | 0.001989 | 100.4563433 |
| 2024-12-27 | 0.001954 | 0.001995 | 0.001807 | 0.001972 | 347.2491503 |
| 2024-12-26 | 0.00188 | 0.002183 | 0.00188 | 0.001998 | 731.0469388 |
| 2024-12-25 | 0.001808 | 0.001998 | 0.001808 | 0.001843 | 685.0217969 |
| 2024-12-24 | 0.001712 | 0.001808 | 0.001712 | 0.001808 | 138.002349 |
| 2024-12-23 | 0.00181 | 0.001811 | 0.00181 | 0.001811 | 5.786137 |
| 2024-12-22 | 0.001711 | 0.001819 | 0.001711 | 0.001746 | 559.9817262 |
| 2024-12-21 | 0.001557 | 0.00241 | 0.001557 | 0.001698 | 1914.7887304 |
| 2024-12-20 | 0.00144 | 0.00189 | 0.00141 | 0.0016 | 2403.5557628 |
| 2024-12-19 | 0.001561 | 0.001624 | 0.001408 | 0.0016 | 1158.9421923 |
| 2024-12-18 | 0.001577 | 0.001729 | 0.001519 | 0.00156 | 881.910114 |
| 2024-12-17 | 0.001951 | 0.002005 | 0.001223 | 0.001577 | 8367.646523 |
| 2024-12-16 | 0.002045 | 0.002083 | 0.001934 | 0.001958 | 457.4250684 |
| 2024-12-15 | 0.001958 | 0.00205 | 0.001957 | 0.001977 | 308.3308353 |
| 2024-12-14 | 0.001874 | 0.002151 | 0.001874 | 0.00195 | 263.5845416 |
| 2024-12-13 | 0.002189 | 0.002189 | 0.001832 | 0.002026 | 1523.839973 |
| 2024-12-12 | 0.002121 | 0.002159 | 0.002004 | 0.002159 | 597.9524219 |
| 2024-12-11 | 0.002035 | 0.00225 | 0.002035 | 0.002236 | 251.4889894 |
| 2024-12-10 | 0.00192 | 0.002111 | 0.001908 | 0.00192 | 846.0949186 |
| 2024-12-09 | 0.002057 | 0.002299 | 0.00192 | 0.00192 | 1253.7506822 |
| 2024-12-08 | 0.002271 | 0.002302 | 0.002045 | 0.00213 | 2018.8034569 |
| 2024-12-07 | 0.001962 | 0.002693 | 0.001923 | 0.00228 | 2190.4679846 |
| 2024-12-06 | 0.00208 | 0.00208 | 0.001923 | 0.001923 | 829.7564913 |
| 2024-12-05 | 0.0021 | 0.0021 | 0.001996 | 0.001996 | 471.1017619 |
| 2024-12-04 | 0.002067 | 0.002105 | 0.00196 | 0.0021 | 1104.4205504 |
| 2024-12-03 | 0.002257 | 0.002267 | 0.001903 | 0.002028 | 913.1981729 |
2.2 Analysis
The recent price action shows a period of consolidation followed by a potential upward trend reversal. While volatility remains, the overall indication suggests a gradual price increase in the near future, with potential for short-term corrections. However, sustained upward momentum is contingent upon further volume confirmation. A sustained break above the recent high suggests a stronger bullish trend, while failure to do so indicates the possibility of a return to consolidation or even a slight downward correction. Long-term outlook remains uncertain pending confirmation of the current upward trend.
