Polytrade (TRADE)
1. Fundamental Analysis
1.1 Introduce
POLYTRADE is a blockchain-based decentralized protocol that aims to transform receivables financing & connect buyers, sellers, insurers, & investors for a seamless trading experience. The global DeFi market worth is increasing in trillions with a large number of total value locked in it every day. Polytrade will harness the massive liquidity pool of the crypto world by tokenizing real-world invoices and bringing them on-chain into the DeFi space.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | TRADE | Market Cap | 22150272.7 |
| Name | Polytrade | White Paper | -- |
| Web Site | https://polytrade.finance/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000 | |
| Supply | 100000000 | Release Date | 2021-08-19 |
| Available Supply | 40494100 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.5467 | 0.5518 | 0.5463 | 0.547 | 1116.327885 |
| 2024-12-31 | 0.574 | 0.5896 | 0.5429 | 0.5473 | 25690.216129 |
| 2024-12-30 | 0.5729 | 0.5975 | 0.5478 | 0.5758 | 15306.828769 |
| 2024-12-29 | 0.586 | 0.6187 | 0.5545 | 0.5708 | 24474.430992 |
| 2024-12-28 | 0.5812 | 0.5959 | 0.5699 | 0.5858 | 13394.003429 |
| 2024-12-27 | 0.5882 | 0.6373 | 0.582 | 0.5842 | 17725.587876 |
| 2024-12-26 | 0.6357 | 0.6423 | 0.5737 | 0.5883 | 23922.9176 |
| 2024-12-25 | 0.6488 | 0.6788 | 0.6307 | 0.6352 | 20589.742883 |
| 2024-12-24 | 0.5658 | 0.6711 | 0.5544 | 0.6494 | 39975.007132 |
| 2024-12-23 | 0.5831 | 0.5881 | 0.5319 | 0.5658 | 34316.472337 |
| 2024-12-22 | 0.5661 | 0.5894 | 0.5573 | 0.5829 | 30876.683272 |
| 2024-12-21 | 0.56 | 0.6088 | 0.5462 | 0.5661 | 31526.365837 |
| 2024-12-20 | 0.5817 | 0.5919 | 0.4876 | 0.56 | 49049.760045 |
| 2024-12-19 | 0.6489 | 0.6728 | 0.5358 | 0.5865 | 130355.495976 |
| 2024-12-18 | 0.6815 | 0.6904 | 0.6257 | 0.6448 | 50171.611959 |
| 2024-12-17 | 0.7382 | 0.754 | 0.67 | 0.6768 | 54382.570991 |
| 2024-12-16 | 0.6888 | 0.7896 | 0.6859 | 0.7364 | 57628.759297 |
| 2024-12-15 | 0.6618 | 0.7072 | 0.6421 | 0.6911 | 44112.396606 |
| 2024-12-14 | 0.7351 | 0.7563 | 0.6563 | 0.6585 | 87645.46875 |
| 2024-12-13 | 0.7573 | 0.7656 | 0.7143 | 0.7351 | 38336.928873 |
| 2024-12-12 | 0.7607 | 0.8008 | 0.757 | 0.7624 | 53797.322007 |
| 2024-12-11 | 0.7387 | 0.8087 | 0.714 | 0.7583 | 56244.402964 |
| 2024-12-10 | 0.7367 | 0.8065 | 0.7 | 0.742 | 92361.977191 |
| 2024-12-09 | 0.747 | 0.9 | 0.6811 | 0.7378 | 174014.358007 |
| 2024-12-08 | 0.802 | 0.8055 | 0.7343 | 0.748 | 49004.527764 |
| 2024-12-07 | 0.8714 | 0.8811 | 0.76 | 0.802 | 93471.73465 |
| 2024-12-06 | 0.767 | 0.8768 | 0.767 | 0.8661 | 137715.688162 |
| 2024-12-05 | 0.7514 | 0.7841 | 0.7365 | 0.7625 | 109061.110914 |
| 2024-12-04 | 0.6878 | 0.7712 | 0.6798 | 0.7514 | 204121.590342 |
| 2024-12-03 | 0.5894 | 0.6973 | 0.5894 | 0.6901 | 139159.166331 |
2.2 Analysis
The 30-day OHLCV data shows a period of significant volatility followed by a potential trend reversal. Short-term price action suggests increased volatility and potential for further downward correction in the near term. However, longer-term indicators may point to an upward trend emerging. Continued monitoring is advised. Further analysis incorporating additional indicators is necessary for a comprehensive prediction.
