Fundamental Analysis

Introduce

The WOM Protocol is a blockchain-based MarTech solution that enables brands to leverage genuine word-of-mouth recommendations. The WOM Protocol will provide a way to reward creators for their product-referring content without compromising consumer trust in the content and its creators.

BasicInfo

NameValueNameValue
SymbolWOMMarket Cap5161860
NameWOM ProtocolWhite Paper--
Web Sitehttps://womprotocol.ioIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2020-03-17
Available Supply237000000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.02190.023380.021040.021817924.501855
2024-12-300.022770.023090.021020.021897608.898249
2024-12-290.022480.023380.021740.022778482.683122
2024-12-280.021740.02330.021560.022398189.50378
2024-12-270.022180.023270.01940.021737487.00863
2024-12-260.023710.023730.020980.022236094.088946
2024-12-250.02290.024120.022520.0246773.383333
2024-12-240.023140.02420.021650.0235550.431491
2024-12-230.023920.024380.022050.023085609.20825
2024-12-220.023820.026130.023240.023765884.855118
2024-12-210.023180.02520.022140.023775278.860397
2024-12-200.023790.025360.022010.023154167.746792
2024-12-190.023180.026550.020.023796360.945682
2024-12-180.024840.025360.022940.023118207.24912
2024-12-170.024120.026540.022810.024639769.340632
2024-12-160.026740.029330.022250.022879631.699832
2024-12-150.026920.028780.024350.026611355.361891
2024-12-140.023960.029330.023590.0268915935.391209
2024-12-130.022890.024280.022470.023974893.543416
2024-12-120.023360.024190.022720.022847247.658277
2024-12-110.02190.023670.021180.023357949.609596
2024-12-100.022460.023890.020050.021913518.559584
2024-12-090.027080.029160.021120.022379778.669027
2024-12-080.028460.028960.027220.027576936.061572
2024-12-070.027710.029020.02710.02848148.71483
2024-12-060.027010.028420.026190.027689369.59166
2024-12-050.027610.030740.024860.027028119.59402
2024-12-040.024980.028040.024220.027568502.743286
2024-12-030.025640.028020.022670.024715315.013114
2024-12-020.026970.027510.02530.025572316.443126

Analysis

The data reveals a generally downtrending price action over the 30-day period, with price fluctuating around the 0.023 range. The last five days show a slight consolidation and reversal attempt, yet it appears fragile. Recent trading volumes have decreased compared to mid-December. The data suggests a resistance around 0.024 and support may be forming around 0.021. There is volatility in price throughout the period, indicated by some significant price swings. The overall sentiment points towards a weak bearish trend. A decisive movement beyond the 0.021 support or 0.024 resistance is necessary to determine the next trend direction. Short term volatility is likely to continue. A sustained breakout above the 0.024 level may indicate a change in trend, while a break below 0.021 would reinforce bearish bias. The market appears to be currently indecisive, hovering near recent support levels.