Fundamental Analysis

Introduce

Strong is a governance token, enabling decentralized protocol governance. StrongBlock has made it possible for anyone to create a node in seconds — or add their own node — and receive STRONG token rewards every day. More nodes equals more resilience.

BasicInfo

NameValueNameValue
SymbolSTRONGMarket Cap1141480.39
NameStrongWhite Paper--
Web Sitehttps://strongblock.com/indexIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total528886.0991521602
Supply528886.0991521602Release Date
Available Supply399818

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-312.7752.8552.6822.855335.930446
2024-12-302.8852.9092.8442.887754.01537
2024-12-293.0053.52.7912.85625894.305931
2024-12-282.8672.9332.8622.8623379.145805
2024-12-272.8272.9482.7452.8571191.594063
2024-12-262.862.8612.7632.796738.434219
2024-12-252.9752.9752.8782.878187.742509
2024-12-242.8543.6652.82.97733960.937463
2024-12-232.7372.9732.7372.97315.056175
2024-12-222.882.942.8792.918141.117637
2024-12-213.1063.1213.1063.12113.628706
2024-12-203.0023.1432.6262.688368.107484
2024-12-193.423.6143.1663.166397.813678
2024-12-183.6263.6263.4213.421283.175818
2024-12-173.7873.9613.5783.578918.920733
2024-12-163.5364.03.4293.71910251.822113
2024-12-153.6333.6333.5153.516240.532877
2024-12-143.6033.623.4413.475582.19871
2024-12-133.4443.6113.423.61599.877407
2024-12-123.453.5323.3613.42540.198352
2024-12-113.2143.363.1863.361571.069613
2024-12-103.3333.3343.0693.129746.168379
2024-12-093.473.7093.1683.2572714.260184
2024-12-083.5433.5443.4723.472610.648477
2024-12-073.5993.63.4813.544392.620434
2024-12-063.3133.6733.3053.62555.742386
2024-12-053.2193.473.1993.312263.982459
2024-12-043.2973.3053.1663.166631.209675
2024-12-033.1763.3143.1673.171332.448571
2024-12-023.313.53.1033.1716649.907891

Analysis

The analyzed data indicates a period of high volatility with significant price fluctuations and volume spikes. Initially, there was a noticeable downtrend starting from around 3.787 on December 17th, bottoming out around 2.626 on December 20th, followed by a fluctuating recovery. The recent price action shows a consolidation around the 2.8 to 3.0 range, with a slight bullish bias in the very recent days as of December 31st. Volume patterns are inconsistent, with sporadic high volume days interspersed with low volume trading, suggesting uncertain market sentiment. There appears to be no strong directional trend established, and price movement seems to be influenced by short-term speculative trading. The presence of long wicks and gaps indicates indecision and high volatility during the analysis timeframe. The price is currently hovering within a trading range, and no clear trend can be strongly identified from this data alone. Further analysis or additional indicators may be needed to confirm a trend or breakout in the coming days. The most recent days show slightly decreasing volume, and price moving within a narrow range. The price is showing a slight upward tendency, but the lack of significant volume makes the trend uncertain. Resistance will likely form around the high seen on the 24th and a break above this could signify stronger upward movement.