1. Fundamental Analysis

1.1 Introduce

ParaSwap aggregates decentralized exchanges and other DeFi services in one comprehensive interface to streamline and facilitate users interactions with Ethereum s decentralized finance.

1.2 Basic Info

NameValueNameValue
SymbolPSPMarket Cap36274519.4
NameParaSwapWhite Paper--
Web Sitehttps://paraswap.ioIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total2000000000
Supply2000000000Release Date2021-11-15
Available Supply1542940000

2. Technical Analysis

2.1 Kline Data

DateOpenHighLowCloseVolumn
2025-01-010.023530.023650.023460.02351473.5018988
2024-12-310.024580.025690.022960.02357109848.7038529
2024-12-300.025190.025680.024230.024687149.0154343
2024-12-290.025480.025620.025050.025194721.1211088
2024-12-280.024070.025670.023880.02559549.4355635
2024-12-270.023340.024180.022570.024098730.4515257
2024-12-260.023940.024140.023280.02347718.7595669
2024-12-250.024240.024480.023270.0239544502.814057
2024-12-240.023790.02440.023660.024243575.6018039
2024-12-230.023440.023990.022990.0237710093.4743325
2024-12-220.023610.024920.023050.0233810184.6141274
2024-12-210.024560.025670.023080.0230827061.4575105
2024-12-200.024040.024780.022090.0245514962.2214112
2024-12-190.026050.026620.022180.0243610598.2625978
2024-12-180.027850.027850.026310.026336015.9933966
2024-12-170.028170.028920.027420.027874940.1144583
2024-12-160.026710.028240.026710.028085666.1845635
2024-12-150.026710.027160.02580.027156107.7917276
2024-12-140.026380.027220.026380.026762930.3080479
2024-12-130.026440.026830.02630.026471935.5551048
2024-12-120.02490.02730.024880.0265618262.9282873
2024-12-110.0240.02490.023680.02483274.6299815
2024-12-100.024820.025920.021990.0239213589.9007465
2024-12-090.026580.026580.024730.024732810.1123736
2024-12-080.0270.028670.026550.026551478.1799285
2024-12-070.026830.026830.026570.026611039.4236846
2024-12-060.025770.026950.025460.026848288.9643993
2024-12-050.023890.0360.02230.0257629065.2468682
2024-12-040.023160.025040.02050.024055158.4239335
2024-12-030.020460.023510.020460.0231517410.9085099

2.2 Analysis

The recent price action suggests a short-term consolidation phase following a significant upward trend. While volatility remains, the overall trend appears to be bullish, with potential for further growth in the medium to long term, contingent upon overcoming near-term resistance levels. However, a sustained break below recent support could indicate a shift to a bearish trend. Close monitoring of volume and price action around key support and resistance levels is crucial for accurate short-term prediction.