Fundamental Analysis

Introduce

SnowSwap utilizes a smart-contract based mechanism to distribute tokens over time.

BasicInfo

NameValueNameValue
SymbolSNOWMarket Cap96507.264
NameSnowswapWhite Paper--
Web Sitehttps://snowswap.orgIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total500000
Supply500000Release Date2021-01-25
Available Supply349664

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.28410.30.2760.276228.747207
2024-12-300.28680.28680.27490.2841363.589349
2024-12-290.28080.3050.27810.2868169.890105
2024-12-280.26770.39160.26520.28072247.475137
2024-12-270.26360.28080.26030.266196.916666
2024-12-260.31030.31030.23020.2634791.3408
2024-12-250.30690.33510.30690.31331197.847467
2024-12-240.29580.33210.27810.3052168.255809
2024-12-230.2850.33310.27770.3052359.120826
2024-12-220.2780.29580.27350.2923541.377363
2024-12-210.24480.41680.24480.28012937.983885
2024-12-200.23630.24540.23630.245214.824461
2024-12-190.26450.27180.2320.232214.221352
2024-12-180.2660.27780.26440.2644594.910372
2024-12-170.27350.27350.26940.2694103.848128
2024-12-160.27380.28320.25850.2816346.761451
2024-12-150.26170.28540.260.285439.882819
2024-12-140.26050.27780.25020.2697115.738221
2024-12-130.2660.2660.25020.2605182.823449
2024-12-120.26060.30830.25020.2649613.388621
2024-12-110.24540.2610.24540.2606157.499148
2024-12-100.30770.32480.230.24541315.124455
2024-12-090.32440.3350.28730.3149495.577526
2024-12-080.37710.41680.21660.32445116.464742
2024-12-070.31430.60.30560.376449.752035
2024-12-060.29490.61110.28680.314817241.936513
2024-12-050.29190.30310.2780.295476.582735
2024-12-040.26860.31470.26190.29031347.691206
2024-12-030.27180.320.22820.2687573.584488
2024-12-020.25320.28720.23740.276769.390345

Analysis

The analyzed asset shows high volatility, indicated by significant price swings within the 30-day period. A notable price surge occurred around early December, peaking on December 6th and 7th with high trading volume, followed by a sharp correction and subsequent consolidation. The price is currently trending downwards with decreasing volume, suggesting weakening momentum. Recent price action indicates lower highs and lower lows. A potential support level seems to be around 0.23. A potential resistance is near 0.30. The prevailing trend is bearish, with short term fluctuations that do not invalidate the overall downward pressure. Further decline is likely unless the trading volume surges significantly to create an upward momentum.