Fundamental Analysis

Introduce

Rally is an open network that enables creators to launch vibrant and independent economies with their communities powered by the ethereum blockchain.

BasicInfo

NameValueNameValue
SymbolRLYMarket Cap9231901.38
NameRallyWhite Paper--
Web Sitehttps://rally.ioIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total15000000000
Supply15000000000Release Date2020-10-15
Available Supply5011890000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.001830.0018980.00180.00186113207.222104
2024-12-300.0018860.0019420.00180.00182720405.6258942
2024-12-290.0019620.0020340.0018820.00189115276.912796
2024-12-280.0019140.0019760.0019090.0019685137.8131108
2024-12-270.0019290.0020120.0019030.00192114789.6633894
2024-12-260.0020170.0020480.0018830.00190711006.2137047
2024-12-250.0019380.0020990.0018970.00201646917.1206205
2024-12-240.0019070.001980.0018070.0019488722.2154059
2024-12-230.0020190.002060.0018110.001913150980.5809717
2024-12-220.0020470.0021660.0020.00202113232.0580108
2024-12-210.0021040.0021460.002030.0020318281.2122837
2024-12-200.0020640.0021180.0019580.00208816330.258109
2024-12-190.0021960.0022530.0020010.00205622645.2549228
2024-12-180.0023440.00240.002190.0021968646.7595069
2024-12-170.0023880.0024380.0023420.0023625725.4902097
2024-12-160.0024620.002480.0023540.0024158866.5486111
2024-12-150.0024010.0024720.0023780.00246210234.5726251
2024-12-140.00250.0025040.0023660.00239512468.8816004
2024-12-130.0024270.0025880.002390.00250115642.4077019
2024-12-120.0025140.0025350.0023480.00242927087.1172346
2024-12-110.0022970.0025550.0022750.0025217152.3615606
2024-12-100.0025590.002590.0021970.00229966479.1711641
2024-12-090.0029110.0029590.0024760.00252356880.4670419
2024-12-080.0028750.0029940.0027550.00291155057.6846624
2024-12-070.0027660.0029310.0027350.00287354124.5451485
2024-12-060.0025760.0028340.0025670.00276865358.4328146
2024-12-050.0025850.0027380.0025050.00258569490.7152912
2024-12-040.0024840.002710.00240.00258996490.1016744
2024-12-030.0022930.0025830.0022730.00246757569.9745515
2024-12-020.0021510.00250.00210.002306102037.2878957

Analysis

The data shows a predominantly downward trend over the 30-day period. Initially, the price experienced a sharp decline, followed by a period of consolidation, and then a more recent, albeit weaker, recovery. The trading volume was initially high but decreased noticeably during the consolidation phase, with significant volume spikes occurring at specific points within the downtrend and at its lowest point. There was a subsequent increase in volume during the recovery phase, but it is smaller than the initial high volume. Current price action shows a minor rebound. Future movement will likely be a period of range-bound trading or a test of previous resistance levels. Overall sentiment seems to shift from a strong downward pressure to a cautious consolidation with some upward potential. The recovery remains fragile.