Velo is a blockchain based financial protocol enabling digital credit issuance and borderless asset transfer for businesses using a smart contract system.

1. VELO Basic Info

SymbolVELO
NameVelo
Web Sitehttps://velo.org
Wallet--
Source--
Explorerhttps://stellarchain.io/
Forum--
Mining
Supply24000000000
Available Supply7390480000
Market Cap81576118.24
White Paper--
Is ICONone
Raised Funds-
Distribution-
Algorithm--
Proof--
Total24000000000
Release Date2020-09-17

2. VELO Technical Info

2.1 VELO Kline Chart Price

2.2 VELO Technical Analysis

The short-term trend indicates a continued bearish momentum. The price is expected to fluctuate downwards, with potential for further declines in the next few days. There might be some minor periods of consolidation or small upward movements, but the overall trend favors a downward trajectory.

The intermediate trend suggests a period of consolidation or a potential reversal. After the initial decline, the price may stabilize or experience a slight recovery.

The long-term trend indicates the asset might enter a range-bound market. The recent significant volatility suggests that the current downward trend could reverse, but it may take time to become visible. The price might consolidate within a specific range. This range bound movement may continue for a while.