Fundamental Analysis

Introduce

Saffron is an asset collateralization platform where liquidity providers have access to dynamic exposure by selecting customized risk and return profiles.

BasicInfo

NameValueNameValue
SymbolSFIMarket Cap1885066.815
Namesaffron.financeWhite Paper--
Web Sitehttps://saffron.financeIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total100000
Supply100000Release Date2020-11-16
Available Supply80045.3

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-3123.4823.5522.4523.55258.395768
2024-12-3022.4422.4721.0121.09142.07206
2024-12-2923.923.920.0823.54247.571011
2024-12-2822.3424.4912.524.491701.209868
2024-12-2725.0825.114.024.032008.949073
2024-12-2625.7525.7524.0825.15699.71513
2024-12-2527.2127.2120.025.731223.221454
2024-12-2426.4427.6825.027.08357.102769
2024-12-2325.6725.7723.8625.77671.192328
2024-12-2226.0127.3724.1324.13454.923414
2024-12-2127.4327.6927.4327.68101.312219
2024-12-2027.7329.0626.0227.22875.228377
2024-12-1929.0630.6127.3828.06216.539147
2024-12-1830.8732.5427.9929.141601.234182
2024-12-1730.9432.229.1330.95876.111043
2024-12-1631.0732.9328.832.62288.767055
2024-12-1530.9533.6629.9931.08231.179498
2024-12-1432.7832.9929.1532.4746.248428
2024-12-1332.8433.528.6532.85179.271231
2024-12-1235.6336.2429.7331.08946.741447
2024-12-1129.844.9829.835.645450.203108
2024-12-1032.8732.8727.3929.8817.192035
2024-12-0936.7136.7131.3532.87738.197905
2024-12-0838.7939.8435.0135.871036.523315
2024-12-0738.9339.5837.2839.05234.906725
2024-12-0632.9454.132.9440.866357.769332
2024-12-0532.1134.1130.8732.071055.704942
2024-12-0432.0234.4930.5332.131139.662307
2024-12-0332.1634.4931.4331.97648.927007
2024-12-0229.9332.9828.4231.511143.207285

Analysis

The price experienced a significant volatility spike on December 6th with extremely high volume, followed by a sharp correction, indicating potential strong selling pressure. The price has mostly trended downwards over the 30-day period, with notable fluctuations, suggesting a bearish sentiment overall, though there are intermittent recovery attempts. There’s a support level around 28.0-30.0 and resistance around 33.0-35.0, and the large volume spikes on certain days indicate strong investor activity and potential trend shifts. The recent days show a slight recovery and closing higher, but the volume is low, which shows the recovery is weak. The price is currently consolidating near 23.0-24.0. If the volume does not significantly increase in the next few trading sessions, the price may continue to consolidate. The overall trend appears bearish despite recent minor upward moves. Future trends will likely depend on whether the support level is held and if the volume of the next few days can support an upward trend.