Trace Network Labs (TRACE)
1. Fundamental Analysis
1.1 Introduce
Trace Network Labs is enabling real looking meta twins (digital avatars) and Lifestyle for them in Metaverses powered by NFTs & Digital Fashion. Trace Network Lab s vision is to be a de-facto gateway for lifestyle brands to launch a new set of Limited Edition lifestyle & fashion products made for our real looking digital Avatars to move across multiple chains and Metaverses.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | TRACE | Market Cap | 87170.79028 |
| Name | Trace Network Labs | White Paper | -- |
| Web Site | https://trace.network/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000 | |
| Supply | 100000000 | Release Date | |
| Available Supply | 83178235 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.001048 | 0.001048 | 0.001048 | 0.001048 | 0.0 |
| 2024-12-31 | 0.000921 | 0.001075 | 0.000921 | 0.001048 | 1057.7887277 |
| 2024-12-30 | 0.000902 | 0.001043 | 0.000729 | 0.000921 | 4587.5731657 |
| 2024-12-29 | 0.000892 | 0.000968 | 0.000877 | 0.000902 | 1024.907482 |
| 2024-12-28 | 0.001113 | 0.001157 | 0.000876 | 0.000951 | 3523.0366149 |
| 2024-12-27 | 0.001041 | 0.001899 | 0.000924 | 0.001109 | 14727.6421713 |
| 2024-12-26 | 0.000883 | 0.00145 | 0.000849 | 0.001042 | 1924.263662 |
| 2024-12-25 | 0.000903 | 0.000939 | 0.000818 | 0.000914 | 278.7059027 |
| 2024-12-24 | 0.00088 | 0.000981 | 0.00078 | 0.000927 | 910.6937842 |
| 2024-12-23 | 0.000832 | 0.000997 | 0.000637 | 0.000876 | 2573.1031046 |
| 2024-12-22 | 0.000728 | 0.000836 | 0.000632 | 0.000836 | 278.1120264 |
| 2024-12-21 | 0.00072 | 0.000841 | 0.000712 | 0.000712 | 150.7667714 |
| 2024-12-20 | 0.000788 | 0.000791 | 0.000663 | 0.000765 | 354.452241 |
| 2024-12-19 | 0.000936 | 0.000938 | 0.000529 | 0.000651 | 503.5739583 |
| 2024-12-18 | 0.001006 | 0.001038 | 0.000785 | 0.000944 | 414.3503287 |
| 2024-12-17 | 0.000912 | 0.00104 | 0.000903 | 0.000925 | 214.1078426 |
| 2024-12-16 | 0.000993 | 0.001016 | 0.000914 | 0.001016 | 344.5940326 |
| 2024-12-15 | 0.001081 | 0.001102 | 0.00097 | 0.000993 | 687.9320598 |
| 2024-12-14 | 0.001269 | 0.001389 | 0.000983 | 0.001091 | 913.6252366 |
| 2024-12-13 | 0.001019 | 0.00139 | 0.000951 | 0.00139 | 2577.7041378 |
| 2024-12-12 | 0.001024 | 0.001093 | 0.000953 | 0.001019 | 646.1543873 |
| 2024-12-11 | 0.000965 | 0.001112 | 0.00095 | 0.00095 | 519.2893595 |
| 2024-12-10 | 0.000955 | 0.001122 | 0.000864 | 0.00103 | 717.0398263 |
| 2024-12-09 | 0.001109 | 0.001141 | 0.000931 | 0.001007 | 443.256031 |
| 2024-12-08 | 0.000977 | 0.001171 | 0.000977 | 0.001028 | 765.4121246 |
| 2024-12-07 | 0.001142 | 0.001142 | 0.00095 | 0.001098 | 1503.6333251 |
| 2024-12-06 | 0.001169 | 0.00145 | 0.000954 | 0.001108 | 4223.2356099 |
| 2024-12-05 | 0.000739 | 0.00148 | 0.000707 | 0.001164 | 5338.3373864 |
| 2024-12-04 | 0.000789 | 0.000884 | 0.000724 | 0.000793 | 597.0469587 |
| 2024-12-03 | 0.000787 | 0.000805 | 0.000705 | 0.000791 | 617.7177773 |
2.2 Analysis
The K-line daily chart shows a strong upward trend with significant volatility in the initial phase followed by a period of consolidation and a recent surge in trading volume and price. The analysis concludes with the following predictions:
- Price is likely to continue its upward trajectory in the near term.
- Increased trading volume indicates a potential strong market sentiment.
- There could be a temporary pullback or consolidation phase before the next significant price move.
- Long-term upward trend is expected to persist with potential for higher highs and higher lows.
