TRCL

Fundamental Analysis

Introduce

Treecle is a platform Dapp that provides a variety of vehicle services for blockchain users. Treecle provides convenient and transparent electric vehicle (EV) and plug-in hybrid electric vehicle (PHEV) related services through blockchain technology.

BasicInfo

Technical Analysis

Kline Data

Analysis

The asset experienced a volatile 30-day period, starting with low prices and significantly increasing, particularly after mid-December. There was a notable increase in price from mid-December, with a series of upward movements followed by consolidations. Trading volumes fluctuated heavily, peaking in mid-December and generally decreasing towards the end of the period. There’s evidence of both accumulation and distribution periods. A sharp upward trend started around mid-December, showing strong buying pressure. The price has reached near recent peaks in the last few days, suggesting a possible test of recent resistance levels. The data points to a potential short-term overbought condition and price consolidation or pullback is a possibility. Recent volume has decreased, indicating less buying pressure compared to mid-December, and potential weakening in trend. The asset appears to be facing resistance, with prices consolidating around the 0.0023 level at the end of the observation period. The overall sentiment is bullish over the observed 30 day period, but this could be a short-term trend and may require further analysis. A potential bearish reversal should be considered if the price fails to hold above 0.002 and the volume confirms weakness.