Synapse (SYN)
Synapse is a trustless cross-chain AMM & bridge, Bridge assets across chains, swap assets, earn yield & more.
1. SYN Basic Info
| Symbol | SYN |
| Name | Synapse |
| Web Site | https://synapseprotocol.com |
| Wallet | -- |
| Source | -- |
| Explorer | https://etherscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 250000000 |
| Available Supply | 219067000 |
| Market Cap | 48851941 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 250000000 |
| Release Date |
2. SYN Technical Info
2.1 SYN Kline Chart Price
2.2 SYN Technical Analysis
Based on the provided K-line data, the short-term trend suggests continued downward pressure with potential for further declines. The recent significant volume increases, particularly during the period from March 4th to March 7th, indicate strong selling interest. The price has experienced a substantial drop in recent days, forming a series of bearish candles.
The immediate future likely involves a consolidation phase or a slight retracement followed by a continuation of the downtrend. There is a high probability of the price testing and potentially breaking below the 0.2200 support level.
Medium-term outlook remains bearish. The price may attempt to recover, but resistance levels around 0.2400 and 0.2500 will likely cap any significant upward movement. The overall pattern indicates a bearish market sentiment. Investors may need to be cautious.
