Ripio (RCN)
1. Fundamental Analysis
1.1 Introduce
RCN is the ERC20 token of Ripio Credit Network.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | RCN | Market Cap | 561160.4779 |
| Name | Ripio | White Paper | -- |
| Web Site | https://ripiocredit.network/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 999942647 | |
| Supply | 999942647 | Release Date | 2017-10-27 |
| Available Supply | 530849000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.0010571 | 0.0010571 | 0.0010571 | 0.0010571 | 0.0 |
| 2024-12-31 | 0.0010571 | 0.0010571 | 0.0010571 | 0.0010571 | 0.0 |
| 2024-12-30 | 0.0010571 | 0.0010571 | 0.0010571 | 0.0010571 | 0.0 |
| 2024-12-29 | 0.0010571 | 0.0010571 | 0.0010571 | 0.0010571 | 0.0 |
| 2024-12-28 | 0.00106 | 0.00106 | 0.0008002 | 0.0010571 | 234.2239576 |
| 2024-12-27 | 0.00106 | 0.00106 | 0.00106 | 0.00106 | 0.0 |
| 2024-12-26 | 0.0010436 | 0.0011373 | 0.0010435 | 0.00106 | 83.8964299 |
| 2024-12-25 | 0.001099 | 0.001099 | 0.001099 | 0.001099 | 0.0 |
| 2024-12-24 | 0.001099 | 0.001099 | 0.001099 | 0.001099 | 1.009981 |
| 2024-12-23 | 0.0011499 | 0.0011499 | 0.0011499 | 0.0011499 | 0.0 |
| 2024-12-22 | 0.0011499 | 0.0011499 | 0.0011499 | 0.0011499 | 0.0 |
| 2024-12-21 | 0.0011468 | 0.0011927 | 0.0010368 | 0.0011499 | 59.0345424 |
| 2024-12-20 | 0.0011074 | 0.0011961 | 0.0010358 | 0.0010358 | 75.436217 |
| 2024-12-19 | 0.001196 | 0.0011961 | 0.001196 | 0.0011961 | 17.0294403 |
| 2024-12-18 | 0.0011961 | 0.0011961 | 0.0011961 | 0.0011961 | 0.0 |
| 2024-12-17 | 0.0012511 | 0.0012511 | 0.0011072 | 0.0011961 | 21.8379837 |
| 2024-12-16 | 0.0012302 | 0.0012511 | 0.0012302 | 0.0012511 | 37.1148356 |
| 2024-12-15 | 0.0012288 | 0.0012507 | 0.0011 | 0.0012507 | 298.4427932 |
| 2024-12-14 | 0.0012493 | 0.0012493 | 0.0011104 | 0.0011104 | 2.6820106 |
| 2024-12-13 | 0.0011871 | 0.0011871 | 0.0011871 | 0.0011871 | 115.8550245 |
| 2024-12-12 | 0.0010855 | 0.0011871 | 0.0010478 | 0.0011871 | 63.8858257 |
| 2024-12-11 | 0.0009829 | 0.0012416 | 0.0009829 | 0.0010989 | 276.7041606 |
| 2024-12-10 | 0.0012314 | 0.0012314 | 0.00104 | 0.0011274 | 583.4072222 |
| 2024-12-09 | 0.0013415 | 0.0013415 | 0.0013415 | 0.0013415 | 10.9989585 |
| 2024-12-08 | 0.0013415 | 0.0013415 | 0.0013415 | 0.0013415 | 0.0 |
| 2024-12-07 | 0.0013417 | 0.0013417 | 0.0013415 | 0.0013415 | 23.125094 |
| 2024-12-06 | 0.0013424 | 0.0013436 | 0.0012312 | 0.0013417 | 23.3784441 |
| 2024-12-05 | 0.00125 | 0.0013585 | 0.0011545 | 0.0013436 | 817.3695665 |
| 2024-12-04 | 0.001269 | 0.0014214 | 0.0012384 | 0.0012384 | 129.2072417 |
| 2024-12-03 | 0.0012849 | 0.0014341 | 0.0012384 | 0.0014341 | 61.3023414 |
2.2 Analysis
The provided data shows a period of consolidation followed by a significant price increase, culminating in a peak around December 9th, 2024. Subsequent price action indicates a potential trend reversal, with lower highs and lower lows, suggesting a bearish outlook. The recent period displays increased volatility and lower trading volume, implying uncertainty in the market. Future trends are projected to be bearish, with potential for further price decline. However, strong support levels could be encountered, leading to temporary price stabilization before further downward movement. Close monitoring for confirmation of this bearish trend reversal is recommended. Overall, caution is advised.
