Soil (SOIL)
1. Fundamental Analysis
1.1 Introduce
Soil is a fully regulated DeFi protocol that provides secure returns on stablecoins backed by Real-World Assets.Soil is a blockchain-based lending protocol that bridges the gap between traditional finance and the crypto world, reshaping corporate debt and fixed-income investments. It is a debt marketplace where established companies can obtain financing, and crypto investors can lend their stablecoins to earn yield derived from Real World Assets that exist off-chain.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | SOIL | Market Cap | 15185277.54 |
| Name | Soil | White Paper | -- |
| Web Site | https://soil.co/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://polygonscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000 | |
| Supply | 100000000 | Release Date | 2023-10-11 |
| Available Supply | 20804600 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.7401 | 0.7401 | 0.7237 | 0.7299 | 534.905673 |
| 2024-12-31 | 0.6882 | 0.7459 | 0.675 | 0.7371 | 7278.02519 |
| 2024-12-30 | 0.735 | 0.7438 | 0.6535 | 0.6838 | 22448.212356 |
| 2024-12-29 | 0.6623 | 0.7544 | 0.65 | 0.735 | 31539.114111 |
| 2024-12-28 | 0.6971 | 0.7152 | 0.65 | 0.6649 | 23692.681878 |
| 2024-12-27 | 0.7089 | 0.7178 | 0.6592 | 0.6997 | 22261.347424 |
| 2024-12-26 | 0.766 | 0.774 | 0.6864 | 0.7079 | 21259.268972 |
| 2024-12-25 | 0.7778 | 0.8048 | 0.7127 | 0.766 | 31259.036484 |
| 2024-12-24 | 0.7443 | 0.7881 | 0.7428 | 0.7778 | 31983.423891 |
| 2024-12-23 | 0.707 | 0.7529 | 0.6931 | 0.7423 | 29420.320493 |
| 2024-12-22 | 0.7146 | 0.7646 | 0.6961 | 0.7043 | 37100.660679 |
| 2024-12-21 | 0.73 | 0.8695 | 0.7023 | 0.7146 | 46100.938325 |
| 2024-12-20 | 0.7317 | 0.7399 | 0.6404 | 0.7333 | 57098.949344 |
| 2024-12-19 | 0.7512 | 0.776 | 0.7043 | 0.7334 | 38383.318078 |
| 2024-12-18 | 0.7836 | 0.8348 | 0.7501 | 0.7524 | 43836.731964 |
| 2024-12-17 | 0.8218 | 0.8422 | 0.776 | 0.7828 | 32601.026106 |
| 2024-12-16 | 0.8219 | 0.8757 | 0.75 | 0.8218 | 46568.665886 |
| 2024-12-15 | 0.8566 | 0.8691 | 0.8007 | 0.8225 | 36388.535555 |
| 2024-12-14 | 0.9099 | 0.9139 | 0.8268 | 0.8579 | 23608.942321 |
| 2024-12-13 | 0.8931 | 0.9586 | 0.829 | 0.9092 | 37776.662366 |
| 2024-12-12 | 0.9523 | 0.98 | 0.8028 | 0.8932 | 58792.400555 |
| 2024-12-11 | 0.9358 | 1.1727 | 0.8873 | 0.9425 | 55949.223472 |
| 2024-12-10 | 0.9617 | 0.9913 | 0.8465 | 0.9358 | 55282.7179 |
| 2024-12-09 | 1.1348 | 1.1351 | 0.91 | 0.9616 | 69217.982904 |
| 2024-12-08 | 1.2245 | 1.238 | 1.0708 | 1.135 | 52918.900482 |
| 2024-12-07 | 1.078 | 1.2403 | 1.0597 | 1.2373 | 55498.329294 |
| 2024-12-06 | 1.0617 | 1.29 | 1.0118 | 1.0815 | 63544.619741 |
| 2024-12-05 | 1.0509 | 1.1996 | 0.997 | 1.0576 | 56945.560358 |
| 2024-12-04 | 1.1459 | 1.2899 | 0.9638 | 1.0512 | 97432.8849 |
| 2024-12-03 | 0.999 | 1.207 | 0.9792 | 1.1458 | 127861.958309 |
2.2 Analysis
The recent price action shows a strong upward trend followed by a period of consolidation and a subsequent downward correction. Short-term volatility is expected, but the overall trend suggests a potential continuation of the upward movement in the medium term, albeit with potential interim pullbacks. However, significant resistance levels exist, and a sustained break above these levels would be required to confirm a stronger bullish outlook. Conversely, failure to overcome resistance could lead to a prolonged period of sideways trading or even a more pronounced downward correction. Further observation and analysis are recommended before making any definitive predictions.
