Fundamental Analysis

Introduce

Udao is a Web3 platform to learn job-relevant skills and find work. With AI and technological progress, over a billion people need to reskill by 2030 as half the skills today will become obsolete or automated in a few years. Traditional education systems are falling short, and Udao aims to fill this gap by offering a Web3 solution for rapid and cost-effective reskilling.

BasicInfo

NameValueNameValue
SymbolUDAOMarket Cap392869.09987
NameUDAOWhite Paper--
Web Sitehttps://udao.org/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://polygonscan.com/Algorithm--
Forum--Proof--
Mining Total200000000
Supply200000000Release Date2024-06-17
Available Supply3192241

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.123040.12490.122770.1230635918.8897758
2024-12-300.122950.123390.122520.123274568.2675276
2024-12-290.12320.123470.122780.1229570797.3486342
2024-12-280.122960.123530.122960.1231264386.4842641
2024-12-270.122930.123470.122530.1229649718.6525016
2024-12-260.123710.123710.122790.1229375419.7236668
2024-12-250.123710.124040.123190.1237169140.2620992
2024-12-240.123740.1250.123240.1237165387.1702217
2024-12-230.124850.124980.123050.1237464827.3447916
2024-12-220.123110.125080.123090.1248559312.040623
2024-12-210.130730.131350.119540.1231174055.5073021
2024-12-200.130740.135480.129940.1307356935.1441449
2024-12-190.130310.132260.13030.1307456462.3135082
2024-12-180.134790.1350.130310.1303170221.3801483
2024-12-170.136620.136630.134010.1347970800.3576428
2024-12-160.13310.136640.132430.1366260464.126312
2024-12-150.132890.136850.13050.133169703.4906524
2024-12-140.133040.133060.13280.1328962765.174062
2024-12-130.134090.134440.13280.1330567995.1787251
2024-12-120.130920.135030.129220.1340962465.6391007
2024-12-110.129930.13160.126210.1309269062.4822298
2024-12-100.12860.131420.12450.1299364412.4750564
2024-12-090.133980.135310.12570.128663752.2074775
2024-12-080.132940.134220.130040.1339867099.005257
2024-12-070.134120.135260.129360.1329463574.2250953
2024-12-060.130420.135310.128550.1341262586.2283358
2024-12-050.130530.131150.129530.1304270249.5769511
2024-12-040.129350.135850.129210.1305360279.1011581
2024-12-030.122690.129530.122680.1293567825.3146585
2024-12-020.1290.135310.122490.1226965677.2439953

Analysis

The price exhibited high volatility in the first half of the 30-day period, characterized by significant price swings and a clear downward trend, eventually reaching a low point. Subsequently, a consolidation phase followed, with relatively smaller price fluctuations and a narrowing trading range, suggesting a decrease in market momentum. Recent price action indicates a period of stability, with small price fluctuations and moderate volume. The overall trend suggests a potential bottoming out and possible accumulation in the recent period, after a significant downtrend. The trading volume has generally decreased compared to the first half of the period, further supporting consolidation, suggesting that the preceding volatility could have resulted in market participants reducing activities. However, the market is currently showing a lack of clear directional momentum, and the price is seemingly stable with no clear breakout or strong directional bias.