SAIL

Fundamental Analysis

Introduce

SAIL is the governance token of AdmiralDAO, the DAO behind Clipper. Clipper.exchange is the best place to swap and LP blue-chip crypto assets like ETH, WBTC and USD. It pioneers a novel Formula Market Maker design that delivers better prices and lower gas for traders while eliminating impermanent loss for LPs so that they actually make money. Clipper is the only DEX that consistently achieves above-market returns through a daily rebalancing portfolio of crypto assets.

BasicInfo

Technical Analysis

Kline Data

Analysis

The analyzed data indicates a highly volatile period, characterized by a significant price decline followed by a consolidation phase and finally, a minor upward trend. Initially, the price experienced a substantial drop from the 0.005 level down to the 0.003 levels, accompanied by very high trading volumes. This implies strong selling pressure and lack of buying interest at higher prices. The prices then consolidated with the 0.003 levels with increased volumes suggesting an accumulation. Recently, prices have exhibited a minor increase, closing near 0.0035 with a noticeable drop in volume. This reduced volume in this upward trend could suggest it is not a strong reversal. The overall sentiment still appears bearish, despite the slight recent uptick. The price remains below the 0.005 level, which acts as a strong resistance level, making any significant sustained upward movement unlikely. The lack of consistent volume also reduces the likelihood of a long-term uptrend. In the short term, prices may fluctuate within the 0.003-0.0038 range.