Fundamental Analysis

Introduce

Carbon Protocol builds decentralized platforms that break new ground, bringing you finance without limits. Whether you’re a battle-weary trader or are just making your first purchase, there’s nothing cryptic about crypto on Switcheo. Leading the pack with multiple world firsts, your time spent with Switcheo will be a worthwhile investment.

BasicInfo

NameValueNameValue
SymbolSWTHMarket Cap3501563.45
NameCarbon ProtocolWhite Paper--
Web Sitehttps://switcheo.network/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://neo3.neotube.io/Algorithm--
Forum--Proof--
Mining Total2160000000
Supply2160000000Release Date2018-04-01
Available Supply1720670000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.0020330.0020350.001790.00203530.549275
2024-12-300.0018510.0020360.0016890.002036107.683201
2024-12-290.0019470.0020250.0019090.001909307.229659
2024-12-280.0019950.0022860.001910.00191590.297862
2024-12-270.0018340.0018340.0018340.0018340.928004
2024-12-260.0017850.0019850.0017850.0019734.931793
2024-12-250.0017840.0019740.0017840.00197410.752384
2024-12-240.0021860.00220.001810.00193219.356952
2024-12-230.00210.00210.0017560.0019245.093992
2024-12-220.0021450.0021480.0021450.0021483.999639
2024-12-210.0018230.0018230.0018230.0018230.0
2024-12-200.0019670.0019670.0017330.001823100.569938
2024-12-190.0021270.0021270.0019670.00196765.461379
2024-12-180.0021170.0022720.0021160.00226880.779515
2024-12-170.0024210.0024220.0021570.002401121.327525
2024-12-160.0022460.002250.00220.00225306.397494
2024-12-150.0023550.0023770.0021960.002196517.700588
2024-12-140.0023410.0023420.0022510.00225154.594679
2024-12-130.002320.002320.002320.002320.0
2024-12-120.002130.0024450.00210.00232105.234516
2024-12-110.0023320.0024050.0020880.002371503.019913
2024-12-100.0022610.0027020.001680.00231359.093514
2024-12-090.0025840.0028230.002250.002251579.353679
2024-12-080.002460.0026380.002460.00263811.462814
2024-12-070.0023830.00260.0023820.0026253.676582
2024-12-060.0025360.0026380.0023580.002383118.164746
2024-12-050.0024620.0025760.0022510.002328359.110375
2024-12-040.0023910.0025430.0021610.002543179.124888
2024-12-030.00220.0025180.002080.002188418.599554
2024-12-020.0023390.0024850.0021560.002199304.45701

Analysis

The analysis reveals a period of high volatility and uncertainty. The price experienced significant fluctuations within the 30-day timeframe. Initially, there was a downward trend, followed by an upward rebound, and then the price returned to a lower level. Specifically, the price surged in early December, reaching a high around December 9th, then gradually declined through mid-December. In late December, it showed signs of recovery with significant price movement and volume increase towards the month-end. The most recent days show a stabilization trend, but the overall trend is still fluctuating. The volume patterns are also inconsistent; there were moments of very low volume, possibly indicating a lack of interest, interspersed with high volume spikes showing strong trading activity, especially on days with big price shifts. The closing price generally shows a tendency to consolidate at the lower end, which implies current bearish pressure and potential for continuation or an upcoming rebound depending on market conditions. No clear upward or downward trend is established, thus the market is likely to be in a consolidation or accumulation phase, and breakout points should be observed.