TARA
Fundamental Analysis
Introduce
Taraxa is designed to track informal transaction to minimize the cost & risk of confusion and disputes.The vast majority (>80%) of the world’s transactions are informal, uncaptured, and unverifiable, often leading to costly confusion and disputes. Taraxa leverages inline capturing and audit logging to make these transactions trusted and seamless.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | TARA | Market Cap | 25362373.5 |
| Name | Taraxa | White Paper | -- |
| Web Site | https://www.taraxa.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.mainnet.taraxa.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 12000000000 | |
| Supply | 12000000000 | Release Date | 2021-03-23 |
| Available Supply | 5062350000 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 0.005114 | 0.005217 | 0.004742 | 0.005009 | 17453.93935118 |
| 2024-12-30 | 0.005063 | 0.006237 | 0.004995 | 0.005108 | 39711.73110415 |
| 2024-12-29 | 0.005543 | 0.005567 | 0.004806 | 0.005017 | 34006.8877304 |
| 2024-12-28 | 0.005265 | 0.005559 | 0.00508 | 0.005458 | 28698.64024663 |
| 2024-12-27 | 0.006098 | 0.006182 | 0.0052 | 0.005245 | 59529.91639374 |
| 2024-12-26 | 0.006544 | 0.006558 | 0.005906 | 0.006063 | 24921.71772741 |
| 2024-12-25 | 0.00649 | 0.00676 | 0.006072 | 0.006548 | 49103.30417897 |
| 2024-12-24 | 0.005965 | 0.006643 | 0.005874 | 0.006486 | 25253.30393557 |
| 2024-12-23 | 0.006427 | 0.006427 | 0.005771 | 0.005985 | 23882.10278332 |
| 2024-12-22 | 0.006894 | 0.006934 | 0.006302 | 0.006385 | 15305.10017408 |
| 2024-12-21 | 0.0069 | 0.0073 | 0.0063 | 0.006851 | 31347.10496193 |
| 2024-12-20 | 0.007103 | 0.007103 | 0.005898 | 0.006905 | 50586.03583234 |
| 2024-12-19 | 0.007572 | 0.007572 | 0.006678 | 0.007126 | 64041.28776718 |
| 2024-12-18 | 0.008477 | 0.00855 | 0.007531 | 0.007651 | 36416.82126143 |
| 2024-12-17 | 0.008216 | 0.009026 | 0.008131 | 0.00852 | 38471.81941058 |
| 2024-12-16 | 0.009154 | 0.009237 | 0.008001 | 0.008294 | 45511.5384862 |
| 2024-12-15 | 0.009706 | 0.010046 | 0.008909 | 0.009154 | 42932.25524532 |
| 2024-12-14 | 0.009662 | 0.010046 | 0.009181 | 0.009693 | 23609.04306614 |
| 2024-12-13 | 0.009297 | 0.009818 | 0.008985 | 0.009719 | 36569.66873057 |
| 2024-12-12 | 0.01064 | 0.01071 | 0.008823 | 0.009247 | 68452.30761402 |
| 2024-12-11 | 0.010575 | 0.011381 | 0.010182 | 0.010599 | 116359.20825085 |
| 2024-12-10 | 0.009798 | 0.011638 | 0.009232 | 0.010583 | 165114.66733079 |
| 2024-12-09 | 0.010899 | 0.011017 | 0.008289 | 0.009842 | 80844.59253756 |
| 2024-12-08 | 0.0112 | 0.011676 | 0.010737 | 0.01091 | 61709.78441275 |
| 2024-12-07 | 0.012735 | 0.012869 | 0.010659 | 0.011265 | 71428.14426744 |
| 2024-12-06 | 0.012019 | 0.013319 | 0.01082 | 0.012839 | 125715.43041441 |
| 2024-12-05 | 0.01019 | 0.013258 | 0.009818 | 0.012028 | 137958.04820766 |
| 2024-12-04 | 0.010101 | 0.010742 | 0.009 | 0.010349 | 94672.49735167 |
| 2024-12-03 | 0.011043 | 0.01186 | 0.00931 | 0.01 | 133263.0715123 |
| 2024-12-02 | 0.011126 | 0.013779 | 0.01 | 0.010994 | 335051.21215075 |
Analysis
The analysis shows a significant downtrend starting from the beginning of the period, characterized by high volatility and decreasing prices. The period can be broken into a couple phases. Phase 1 shows a sharp decline from 0.012839 down to 0.007126. High volume initially accompanied this move but has since declined. Phase 2 shows a bounce from 0.007126 up to approximately 0.0097, followed by a second period of low volume declines to 0.005017. Recent price action around 0.005 level indicates potential bottom consolidation. Overall, the trend has been bearish with significant price fluctuations. The most recent days suggest a potential bottoming out, but further confirmation is required before a trend reversal can be confirmed.
