SONAR
Fundamental Analysis
Introduce
SonarWatch is a tracking tool on Solana Blockchain on which you can track all your assets in one place.Sonar is the most accurate tracking tool on Solana with 15+ protocols and 500+ pools and farms tracked. Display your NFT collection, look up for the top gainers of the ecosystem, manage all your addresses at once.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | SONAR | Market Cap | 101024 |
| Name | SonarWatch | White Paper | -- |
| Web Site | https://sonar.watch | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.solana.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000 | |
| Supply | 100000000 | Release Date | |
| Available Supply | 22000000 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 0.004476 | 0.004592 | 0.004476 | 0.004592 | 22.7454402 |
| 2024-12-30 | 0.00438 | 0.004576 | 0.004122 | 0.004477 | 44.3774252 |
| 2024-12-29 | 0.004194 | 0.00465 | 0.00394 | 0.004364 | 500.1186867 |
| 2024-12-28 | 0.004185 | 0.0045 | 0.004 | 0.004307 | 293.7065526 |
| 2024-12-27 | 0.005002 | 0.005112 | 0.004004 | 0.004097 | 1068.19274149 |
| 2024-12-26 | 0.005062 | 0.005778 | 0.004508 | 0.00515 | 450.2194715 |
| 2024-12-25 | 0.005003 | 0.00529 | 0.004848 | 0.004848 | 450.228405 |
| 2024-12-24 | 0.004809 | 0.005352 | 0.004808 | 0.005 | 552.4280957 |
| 2024-12-23 | 0.004958 | 0.004963 | 0.0044 | 0.004737 | 420.0753241 |
| 2024-12-22 | 0.004944 | 0.005307 | 0.004361 | 0.005027 | 571.1977561 |
| 2024-12-21 | 0.005117 | 0.005541 | 0.004892 | 0.004944 | 405.1846886 |
| 2024-12-20 | 0.004717 | 0.005305 | 0.004444 | 0.0051 | 1096.1488289 |
| 2024-12-19 | 0.006355 | 0.00644 | 0.0045 | 0.004751 | 2198.7874504 |
| 2024-12-18 | 0.007186 | 0.007186 | 0.0064 | 0.006487 | 1332.9957037 |
| 2024-12-17 | 0.007144 | 0.007642 | 0.006862 | 0.007186 | 382.5425612 |
| 2024-12-16 | 0.0076 | 0.0076 | 0.006991 | 0.007044 | 321.3627909 |
| 2024-12-15 | 0.007821 | 0.007821 | 0.007601 | 0.007601 | 117.7354671 |
| 2024-12-14 | 0.007542 | 0.00783 | 0.007401 | 0.007633 | 409.2548455 |
| 2024-12-13 | 0.006853 | 0.007628 | 0.006714 | 0.007621 | 419.1755586 |
| 2024-12-12 | 0.006289 | 0.007546 | 0.00599 | 0.006714 | 2170.3250935 |
| 2024-12-11 | 0.005886 | 0.00617 | 0.005679 | 0.006123 | 245.8327367 |
| 2024-12-10 | 0.006502 | 0.006502 | 0.005679 | 0.005932 | 823.1932621 |
| 2024-12-09 | 0.007 | 0.007 | 0.0063 | 0.006664 | 994.8151991 |
| 2024-12-08 | 0.006916 | 0.007314 | 0.006916 | 0.007032 | 1415.545229 |
| 2024-12-07 | 0.006505 | 0.007 | 0.006301 | 0.006797 | 755.9601695 |
| 2024-12-06 | 0.006399 | 0.006875 | 0.0063 | 0.006506 | 742.4809246 |
| 2024-12-05 | 0.007167 | 0.00725 | 0.006 | 0.006373 | 1546.0237165 |
| 2024-12-04 | 0.006195 | 0.007886 | 0.005918 | 0.007148 | 2189.0633232 |
| 2024-12-03 | 0.006496 | 0.006711 | 0.005977 | 0.006296 | 2199.8613661 |
| 2024-12-02 | 0.006823 | 0.007121 | 0.006337 | 0.006514 | 7269.3665421 |
Analysis
The analyzed asset experienced a significant price correction from mid-December, particularly around the 19th, followed by a period of consolidation and recovery. There is a clear downtrend from a high of 0.007821 on 2024-12-15 to a low of 0.00394 on 2024-12-29. Recent price action shows a renewed upward momentum with the price reaching 0.004592. Trading volume saw peaks around 2024-12-02, 2024-12-12 and 2024-12-19 indicating periods of high activity. The most recent trading day, 2024-12-31, shows low trading volume with a bullish engulfing pattern that closes at the high, indicating a potential continuation of the upward move. The consolidation pattern appears to have ended and an upswing initiated, suggesting the possibility of higher prices. The volatility is noticeable throughout the period. Short-term trend is bullish; however the overall trend from 2024-12-02 to 2024-12-29 can be described as a downtrend.
