ROUTE
Fundamental Analysis
Introduce
Router Protocol is building a suite of cross-chain liquidity infra primitives that aims to seamlessly provide bridging infrastructure between current and emerging Layer 1 and Layer 2 blockchain solutions.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | ROUTE | Market Cap | 22361721.4702 |
| Name | Router Protocol | White Paper | -- |
| Web Site | https://www.routerprotocol.com | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://router.explorers.guru/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2024-07-31 |
| Available Supply | 550781317 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 0.04071 | 0.04337 | 0.03994 | 0.04108 | 135496.9918548 |
| 2024-12-30 | 0.03642 | 0.0404 | 0.03483 | 0.04024 | 212538.3769215 |
| 2024-12-29 | 0.03601 | 0.03668 | 0.03553 | 0.03668 | 10647.12586 |
| 2024-12-28 | 0.03436 | 0.03631 | 0.03405 | 0.03618 | 16031.3945603 |
| 2024-12-27 | 0.03421 | 0.03533 | 0.0339 | 0.03436 | 21102.8350932 |
| 2024-12-26 | 0.03599 | 0.0364 | 0.034 | 0.03425 | 13183.0003039 |
| 2024-12-25 | 0.03749 | 0.03794 | 0.0357 | 0.03599 | 39478.1125382 |
| 2024-12-24 | 0.03761 | 0.0384 | 0.03656 | 0.03728 | 44987.9407662 |
| 2024-12-23 | 0.03678 | 0.03854 | 0.03615 | 0.03786 | 19815.5220696 |
| 2024-12-22 | 0.03725 | 0.03852 | 0.03643 | 0.03678 | 8645.1365554 |
| 2024-12-21 | 0.03916 | 0.0398 | 0.0369 | 0.03701 | 7042.599626 |
| 2024-12-20 | 0.03663 | 0.03893 | 0.03398 | 0.03879 | 54882.04596 |
| 2024-12-19 | 0.04102 | 0.04206 | 0.03577 | 0.03667 | 74391.2686907 |
| 2024-12-18 | 0.0418 | 0.0434 | 0.04079 | 0.04093 | 41147.8062765 |
| 2024-12-17 | 0.04238 | 0.04273 | 0.04142 | 0.04179 | 15634.7919874 |
| 2024-12-16 | 0.04293 | 0.04427 | 0.04139 | 0.04265 | 32810.7620911 |
| 2024-12-15 | 0.04309 | 0.04427 | 0.04157 | 0.04314 | 48852.274297 |
| 2024-12-14 | 0.04435 | 0.04477 | 0.04201 | 0.04276 | 91626.6895546 |
| 2024-12-13 | 0.04264 | 0.04543 | 0.04264 | 0.0446 | 44322.2717336 |
| 2024-12-12 | 0.04863 | 0.05039 | 0.04228 | 0.04313 | 132332.9187119 |
| 2024-12-11 | 0.0448 | 0.05011 | 0.04433 | 0.04867 | 160383.5155693 |
| 2024-12-10 | 0.04476 | 0.04538 | 0.04136 | 0.0448 | 129155.7433865 |
| 2024-12-09 | 0.0517 | 0.05187 | 0.04472 | 0.04505 | 105633.7329032 |
| 2024-12-08 | 0.05495 | 0.05617 | 0.04915 | 0.05171 | 144233.6386984 |
| 2024-12-07 | 0.05801 | 0.05823 | 0.05121 | 0.05526 | 109600.0439008 |
| 2024-12-06 | 0.05857 | 0.06361 | 0.05387 | 0.05819 | 112251.4617535 |
| 2024-12-05 | 0.05893 | 0.061 | 0.05557 | 0.05917 | 38624.0379244 |
| 2024-12-04 | 0.05594 | 0.05999 | 0.05253 | 0.059 | 68549.2855477 |
| 2024-12-03 | 0.05691 | 0.06018 | 0.053 | 0.05594 | 60057.1045287 |
| 2024-12-02 | 0.05421 | 0.06016 | 0.04869 | 0.05696 | 78877.3701126 |
Analysis
The asset price experienced a significant downtrend over the 30-day period, transitioning from a higher range near 0.06 to a lower range near 0.034. The last few days show some signs of upward movement, but the overall trend is still downward. There was a notable decrease in volume overall in the last 10 days, especially when compared to early to mid-month. Specifically, the late December consolidation period shows significantly lower volume compared to the volatility in early December, with a minor volume spike near December 30th, indicating a potential short-term trend reversal and possible rally, but it is uncertain. The price is currently fluctuating in the range of 0.034 to 0.042, which is a crucial level to watch. The recent price recovery after a low point may indicate a weakening downtrend, however, it will need higher volume to support any upward trend. Further data is needed to confirm if this is a sustainable trend or just a short term consolidation.
