TFUEL
Fundamental Analysis
Introduce
ThetaFuel (TFUEL) is one of the assets in Theta mainnet.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | TFUEL | Market Cap | 439125856.2 |
| Name | ThetaFuel | White Paper | -- |
| Web Site | https://www.thetatoken.org/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.thetatoken.org/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 5000000000 | |
| Supply | 5000000000 | Release Date | |
| Available Supply | 6795510000 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 0.06442 | 0.06787 | 0.06263 | 0.06409 | 15961.3519958 |
| 2024-12-30 | 0.06509 | 0.06723 | 0.06315 | 0.06457 | 8776.9641139 |
| 2024-12-29 | 0.0684 | 0.06864 | 0.06438 | 0.06526 | 11247.8098928 |
| 2024-12-28 | 0.06414 | 0.06888 | 0.06394 | 0.06888 | 18663.0989897 |
| 2024-12-27 | 0.0641 | 0.06634 | 0.06313 | 0.0641 | 14488.5935308 |
| 2024-12-26 | 0.06917 | 0.06938 | 0.06313 | 0.06386 | 20704.5537409 |
| 2024-12-25 | 0.07077 | 0.07078 | 0.06785 | 0.06901 | 3430.4932368 |
| 2024-12-24 | 0.06909 | 0.07158 | 0.06777 | 0.0713 | 11095.6889693 |
| 2024-12-23 | 0.06509 | 0.07 | 0.06386 | 0.06914 | 16353.9105077 |
| 2024-12-22 | 0.06337 | 0.06735 | 0.06229 | 0.06533 | 24872.7390286 |
| 2024-12-21 | 0.06518 | 0.07048 | 0.06266 | 0.06313 | 12119.959271 |
| 2024-12-20 | 0.06362 | 0.06608 | 0.05708 | 0.06501 | 37018.5636176 |
| 2024-12-19 | 0.06666 | 0.06924 | 0.06228 | 0.0637 | 42427.84076 |
| 2024-12-18 | 0.07471 | 0.07555 | 0.06679 | 0.06699 | 35311.1219064 |
| 2024-12-17 | 0.07878 | 0.07878 | 0.07413 | 0.075 | 24157.7178529 |
| 2024-12-16 | 0.08391 | 0.08444 | 0.07727 | 0.07888 | 59165.7082258 |
| 2024-12-15 | 0.07818 | 0.08777 | 0.07704 | 0.08404 | 27478.885038 |
| 2024-12-14 | 0.08152 | 0.08185 | 0.07681 | 0.07848 | 14348.7228374 |
| 2024-12-13 | 0.08121 | 0.08184 | 0.07878 | 0.08184 | 21842.0704854 |
| 2024-12-12 | 0.08091 | 0.08444 | 0.079 | 0.08091 | 41222.8706303 |
| 2024-12-11 | 0.07575 | 0.08323 | 0.07055 | 0.08111 | 21655.0410973 |
| 2024-12-10 | 0.07836 | 0.07944 | 0.06784 | 0.07579 | 56459.8773239 |
| 2024-12-09 | 0.09256 | 0.09256 | 0.07495 | 0.07866 | 102353.1444947 |
| 2024-12-08 | 0.09369 | 0.09403 | 0.08974 | 0.0932 | 95535.7212351 |
| 2024-12-07 | 0.09199 | 0.09875 | 0.09182 | 0.09393 | 125344.5076142 |
| 2024-12-06 | 0.09027 | 0.09313 | 0.08647 | 0.092 | 68108.6040078 |
| 2024-12-05 | 0.09445 | 0.09558 | 0.08818 | 0.09046 | 126984.7222936 |
| 2024-12-04 | 0.09043 | 0.09741 | 0.08923 | 0.09504 | 263113.3243333 |
| 2024-12-03 | 0.08896 | 0.09088 | 0.08246 | 0.09061 | 185179.0644629 |
| 2024-12-02 | 0.08939 | 0.093 | 0.08249 | 0.08944 | 147645.6195359 |
Analysis
The price action over the last 30 days indicates a downtrend punctuated by periods of volatility. The initial period shows high trading volume and price volatility. Specifically, December 4th to December 9th saw a significant spike in volume accompanied by downward price action, indicative of strong selling pressure. The price subsequently consolidates between December 9th to December 16th, with decreased volume showing a period of uncertainty. Following this consolidation, a further price decline occurs from December 17th to December 22nd, with volume remaining variable but notably lower than the peak volume days earlier in the month.
In the latest week, from December 23rd to December 31st, there is a period of consolidation with relatively lower volumes, indicating reduced market interest. Despite some upward moves, the price does not sustain any significant rallies. The most recent days, December 30th and 31st show a slight price decrease and volume, suggesting ongoing bearish momentum. This consolidation could be a temporary pause before another significant move. Overall, the analysis reveals a clear downtrend with signs of weakening selling pressure in the most recent data.
News Analysis
News
20241221
- TFUEL PRICE NEW LOW ↓
20241220
- TFUEL PRICE NEW LOW ↓
20241213
- TFUEL EMA Death Cross ↓
20241209
- TFUEL MACD Turning Negative ↓
20241205
- TFUEL PRICE NEW HIGH ↑
20241204
- TFUEL PRICE NEW HIGH ↑
20241201
- TFUEL PRICE NEW HIGH ↑
Analysis
The provided data suggests a volatile period for TFUEL, characterized by a shift from a positive uptrend to a distinct downtrend. The early part of December 2024, specifically from December 1st to 4th, saw consistent record highs indicating strong positive momentum and investor optimism. This was immediately followed by a period of price consolidation and then a sharp reversal in the market’s sentiment towards TFUEL. By December 9th, the Moving Average Convergence Divergence (MACD) indicator, a key momentum indicator, turned negative, signalling a shift from buying to selling pressure. This negative shift was further substantiated by a Death Cross formation on the Exponential Moving Average (EMA) around December 13th, which is a strong bearish signal suggesting a significant downward trend may have been set in motion. The culmination of these technical signals is evident in the consecutive new lows recorded on December 20th and 21st. This string of negative indicators suggests a rapid loss of investor confidence and selling pressure, pushing the price of TFUEL further down. The period went from a strong bullish trend to a sharp bearish one within a short timeframe. The momentum has now been firmly established in the downward direction. Further monitoring of technical indicators along with broader market sentiment will be critical to determine if this trend will continue. The near term outlook for TFUEL is negative based on the data, with strong indications of continued downward price pressure.
