Fundamental Analysis

Introduce

Unido Enterprise Platform Enabling enterprises to manage and invest their crypto assets in a seamless, secure and intuitive way. Unido is already developed and has active pilots with a number of digital banks.

BasicInfo

NameValueNameValue
SymbolUDOMarket Cap170050.2812
NameUnidoWhite Paper--
Web Sitehttps://www.unido.usIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total115000000
Supply115000000Release Date2021-03-04
Available Supply77155300

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.0023190.002690.002050.0020811163.2033227
2024-12-300.0033460.00650.0020620.002349168129.7278282
2024-12-290.0009330.006760.0007110.00334116857.043314
2024-12-280.001170.001170.0007610.000955447.3010556
2024-12-270.0012060.0012060.0011640.00116421.0035286
2024-12-260.0012210.0012220.0011640.00116441.6312187
2024-12-250.0013050.001680.0011640.001237527.5988473
2024-12-240.0015180.0021550.0010.0013053101.7521031
2024-12-230.0017020.0022750.0010880.001531576.7598557
2024-12-220.0016860.0016920.0016850.001685192.6828936
2024-12-210.0016720.0016920.0015140.001677151.9999428
2024-12-200.0016890.0017410.0015680.001685332.4726925
2024-12-190.0018330.0018660.0017030.001704192.3572963
2024-12-180.0021070.0021070.0015010.0018161170.5252291
2024-12-170.0021150.0021160.0021150.00211666.7106338
2024-12-160.0021010.0022640.0019310.002114291.0721672
2024-12-150.0020410.0020820.0020210.002082132.0894954
2024-12-140.0021170.0022790.0017880.002022651.997985
2024-12-130.003040.003040.00150.0020614781.9376008
2024-12-120.0032990.00350.00030.0030331985.60569119
2024-12-110.0032890.0032930.0032890.003293143.2738922
2024-12-100.0032880.0033240.0030520.0033131.5226308
2024-12-090.0037030.0037030.003070.0032671110.3381945
2024-12-080.0036480.0039050.0035010.003731200.4051099
2024-12-070.0039090.00410.0035430.003641307.4396147
2024-12-060.0039060.0039280.0039060.0039287.4725742
2024-12-050.0034770.00410.0034770.00388425.281905
2024-12-040.0032880.0036790.0032880.003454277.5694048
2024-12-030.0034110.0034750.0031230.003123142.0787052
2024-12-020.0034580.003670.003380.003396408.9593807

Analysis

The price experienced high volatility with significant price swings, particularly between December 29th and December 30th, showing a sharp increase followed by a correction. Trading volume surged dramatically on December 29th and 30th, indicating strong market activity during this period. There is a downtrend with lower highs and lower lows observed since the peak in early December to the lowest closing price on December 31st. After the large price and volume movements on the 29th and 30th, the price appears to have entered a consolidation phase, characterized by reduced volatility and volume. The latter half of the data shows a weakening market structure with increasingly lower closing prices, suggesting a sustained bearish sentiment. Support levels seem to be in the region of 0.001 to 0.002, which have been tested multiple times, especially towards the end of December. The initial price jump was not followed by sustained bullish momentum. The overall 30-day period indicates a bearish market with high volatility at the beginning and a consolidation phase at the end with no indications of a significant reversal. The final days of the period reflect an increased bearish bias. Based on the trend, further downside is possible with a risk of retesting prior lows.