Fundamental Analysis

Introduce

VATRENI means fiery in the Croatian language and it is a proud nickname for the national team. VATRENI is also an acronym for our vision: Virtual, Transparent and Rewarding which describe how the offering would work.It is an official loyalty token of the Croatian football federation which was launched in the beta version locally for Croatian fans through the official VATRENI website (https://token.hns-cff.hr/en) in February 2022. The aim was to build a loyalty program by bringing together local fans and businesses to create opportunities for fans to experience and connect with the national team and sponsors differently. The Croatian federation plans to take this approach globally to build and reward its international fanbase.

BasicInfo

NameValueNameValue
SymbolVATRENIMarket Cap1163438.6617
NameCroatian Football Federation TokenWhite Paper--
Web Sitehttps://token.hns-cff.hr/enIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://polygonscan.com/Algorithm--
Forum--Proof--
Mining Total30000000
Supply30000000Release Date
Available Supply2742019

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.4460.44610.42430.424315.525104
2024-12-300.44580.4460.44580.44646.5603
2024-12-290.44560.4460.44560.44660.003796
2024-12-280.41240.44610.39470.4242660.19783
2024-12-270.4420.4460.43110.446308.733839
2024-12-260.41230.4420.41220.442203.066196
2024-12-250.41220.42420.41220.412329.597542
2024-12-240.41190.41210.41150.4121652.557036
2024-12-230.4240.4240.40210.4021401.058724
2024-12-220.37480.42420.37480.41212924.094292
2024-12-210.38140.39850.37480.3748673.109865
2024-12-200.34920.3870.34120.3712726.10052
2024-12-190.39460.39460.34920.3492843.796194
2024-12-180.34030.39460.3390.39461181.950229
2024-12-170.39280.41230.3330.34012518.71947
2024-12-160.34430.41610.3340.38291558.769819
2024-12-150.30080.36570.30080.34422706.33103
2024-12-140.29370.30120.29120.30092054.019888
2024-12-130.30490.31930.26240.29374225.348009
2024-12-120.17410.39990.17410.276721909.325864
2024-12-110.14980.18930.14240.1893651.222577
2024-12-100.13190.13190.13190.13191.148849
2024-12-090.12820.150.120.132660.75369
2024-12-080.13990.13990.12950.1367134.433279
2024-12-070.11990.14630.11990.1399624.606215
2024-12-060.11380.13460.10780.10781150.160845
2024-12-050.1090.11180.10010.1118470.224822
2024-12-040.10280.10980.10280.109364.141874
2024-12-030.11010.11010.09990.099986.275314
2024-12-020.1030.11530.09290.0949364.684017

Analysis

The price experienced significant volatility with a notable surge from the 0.10 to 0.44 range within the 30 day period, showcasing high buying pressure and potential accumulation. However, this upward trend has been followed by a period of consolidation and slight retracement. Volume spikes are seen during significant price movements, particularly on December 12th and 17th, indicating strong trading interest. There is a recent formation of a potential double top pattern around the 0.446 price level, which is a bearish signal. The volume has decreased alongside the consolidation, suggesting a possible weakening of the current trend. The price shows signs of potential further downside movement if the double top is confirmed with a break below the neckline support, with possible support areas around 0.41-0.42 or 0.39, otherwise the price may attempt another breakout towards 0.446. The initial surge phase appears over and a period of indecision and increased bearish pressure is prevailing with the current price action.