SYNC

Fundamental Analysis

Introduce

Syncus DAO introduces a groundbreaking approach to DeFi, mastering treasury-token dynamic combined with protocol taxes for sustainable growth in its ecosystem. The design benefits long term holders and stakers. The ecosystem consists of a range of financial products, such as staking, borrowing and lending. The project operates at the forefront of DeFi by building on top of the security of a zero-knowledge chain called zkSync. Leveraging zkSync provides high security and low transaction fees, ensuring accessibility to a wider user base. SYNC serves as the backbone of the ecosystem, enabling holders to participate in governance, stake for SYNC rewards and access liquidity markets. Syncus aims to redefine success in DeFi by prioritising sustainability and accessibility for all users.

BasicInfo

Technical Analysis

Kline Data

Analysis

The price shows high volatility with significant fluctuations, indicating uncertain market sentiment. There is no clear trend within the 30-day period with both upward and downward movements. A general decline in price is noted over the 30 day period, with a recent minor recovery. Volume is also highly variable indicating fluctuating market interest. Several instances of large price swings and high volume days exist, suggesting potential trend reversals or strong reactions to news. The most recent price action indicates a possible end to the downtrend, with a small uptrend forming. No clear patterns like head and shoulders, triangles, or flags are readily apparent, making trend prediction difficult. Resistance levels are suggested around 0.00027, while potential support appears to be around 0.000145. The market seems to be consolidating around the 0.00016 mark. Overall, the market exhibits a high level of uncertainty with no clear direction. Recent low volume trading suggests a period of uncertainty. A possible short term uptrend may be forming.