TIDAL
Fundamental Analysis
Introduce
Tidal Finance is a project to establish a decentralized insurance marketplace in DeFi space to connect insurance sellers and buyers to cover smart contract hacks risk. Tidal offers the functionality to create custom insurance pools for one or more protocols. The main objective of the platform is to maximize capital efficiency and return to attract LP’s, while offering competitive insurance premiums to attract buyers.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | TIDAL | Market Cap | 368656.424 |
| Name | Tidal Governance | White Paper | -- |
| Web Site | https://www.tidal.finance | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 20000000000 | |
| Supply | 20000000000 | Release Date | 2021-03-25 |
| Available Supply | 7048880000 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 5.37e-05 | 5.49e-05 | 5.14e-05 | 5.33e-05 | 346.6183631 |
| 2024-12-30 | 5.4e-05 | 5.62e-05 | 5.02e-05 | 5.26e-05 | 730.5831085 |
| 2024-12-29 | 5.92e-05 | 6.18e-05 | 5.2e-05 | 5.24e-05 | 1576.8877817 |
| 2024-12-28 | 5.96e-05 | 6.28e-05 | 5.6e-05 | 5.69e-05 | 2208.5371918 |
| 2024-12-27 | 7.08e-05 | 7.45e-05 | 5.94e-05 | 6.14e-05 | 6049.8094936 |
| 2024-12-26 | 8.46e-05 | 8.68e-05 | 6.67e-05 | 6.84e-05 | 6888.33489354 |
| 2024-12-25 | 0.0001137 | 0.0001154 | 8.27e-05 | 8.27e-05 | 3739.17201998 |
| 2024-12-24 | 0.000107 | 0.000119 | 0.0001026 | 0.0001128 | 525.2109119 |
| 2024-12-23 | 0.0001057 | 0.0001074 | 9.9e-05 | 0.0001038 | 538.477668 |
| 2024-12-22 | 0.0001055 | 0.0001067 | 9.89e-05 | 0.000101 | 263.3151518 |
| 2024-12-21 | 0.0001 | 0.0001138 | 0.0001 | 0.0001018 | 366.1410262 |
| 2024-12-20 | 0.0001002 | 0.0001079 | 8.99e-05 | 9.94e-05 | 1357.46517727 |
| 2024-12-19 | 0.0001128 | 0.0001128 | 0.0001002 | 0.0001021 | 548.089604 |
| 2024-12-18 | 0.0001171 | 0.0001171 | 0.00011 | 0.000116 | 1094.2851615 |
| 2024-12-17 | 0.0001197 | 0.0001237 | 0.0001165 | 0.0001168 | 719.7866426 |
| 2024-12-16 | 0.0001249 | 0.0001249 | 0.0001166 | 0.0001172 | 1180.8113125 |
| 2024-12-15 | 0.000126 | 0.0001316 | 0.0001223 | 0.0001256 | 929.4339734 |
| 2024-12-14 | 0.0001218 | 0.0001256 | 0.00012 | 0.0001233 | 928.8692605 |
| 2024-12-13 | 0.0001284 | 0.0001316 | 0.0001204 | 0.000122 | 1029.727817 |
| 2024-12-12 | 0.0001555 | 0.0001555 | 0.0001283 | 0.0001311 | 2359.7662753 |
| 2024-12-11 | 0.0001124 | 0.0001624 | 0.0001098 | 0.0001551 | 5485.2136551 |
| 2024-12-10 | 0.0001209 | 0.0001209 | 0.0001068 | 0.0001085 | 1185.9710046 |
| 2024-12-09 | 0.0001333 | 0.0001353 | 0.0001138 | 0.000121 | 592.4669546 |
| 2024-12-08 | 0.0001375 | 0.0001389 | 0.0001331 | 0.0001355 | 1037.8286376 |
| 2024-12-07 | 0.0001456 | 0.0001472 | 0.0001374 | 0.0001374 | 1389.9210766 |
| 2024-12-06 | 0.0001392 | 0.0001518 | 0.0001362 | 0.0001461 | 3430.0795155 |
| 2024-12-05 | 0.0001397 | 0.0001535 | 0.0001383 | 0.0001431 | 2773.9784677 |
| 2024-12-04 | 0.0001251 | 0.0001385 | 0.0001206 | 0.0001385 | 1160.0984632 |
| 2024-12-03 | 0.0001257 | 0.0001323 | 0.0001172 | 0.0001251 | 2642.0312992 |
| 2024-12-02 | 0.0001315 | 0.0001321 | 0.000122 | 0.0001284 | 699.6921149 |
Analysis
The data shows a clear downtrend in the last 30 days. From early December until around December 17th, there was a general price decrease, punctuated by some minor rallies. A significant increase in volatility and volume was observed around December 11th. The period between December 12 and 16 was characterized by price corrections. Then a sharp price decline started from December 27th and continued till the end of the period. The volume was very high at the beginning of the downtrend but is declining in recent days. The last few days show low volume with very small price movement, a possible consolidation period. The market is currently experiencing a bearish sentiment with a potential for short-term sideways movement.
