VOYA

Fundamental Analysis

Introduce

VOYA is the first BRC-20 token on the Merlin Chain to be launched fairly, with a 100% airdrop and community governance.

BasicInfo

Technical Analysis

Kline Data

Analysis

The asset experienced a significant downward trend over the 30-day period, starting from a relatively high price and ending at a much lower value. There was a large volatility with substantial price fluctuations. Initial periods had high trading volumes, indicating strong investor interest. There was a clear downward price momentum through most of the 30-day period, with a few attempted rallies, mostly quickly rejected.The most recent trading days show some stabilization with lower price swings and significantly reduced trading volume, suggesting a potential weakening of the selling pressure. The price currently sits at a new low within this 30-day window, with no clear signs of immediate reversal, though a period of consolidation could be starting. The significant volume spike seen mid-month coincided with price decreases, indicating strong selling pressure. The overall trend is bearish, with the last few days showing signs of consolidation which might suggest a period of sideways movement or a weak bounce followed by further downside.The price has established a new support level around 0.1069. Further price action is needed to confirm the extent of a reversal or whether a bearish trend will continue.