Fundamental Analysis

Introduce

The first protocol, exclusively for the Avalanche eco, to offer promising and innovative projects a fast, secure, and efficient platform for decentralized fundraising.

BasicInfo

NameValueNameValue
SymbolXAVAMarket Cap21030987.7
NameAvalaunchWhite Paper--
Web Sitehttps://avalaunch.app/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://cchain.explorer.avax.network/Algorithm--
Forum--Proof--
Mining Total100000000
Supply100000000Release Date2021-05-14
Available Supply37656200

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.54170.56350.52860.55285581.724554
2024-12-300.56080.57890.53660.552611531.09905
2024-12-290.58710.58760.55520.56086396.40039
2024-12-280.57090.59160.560.5798216.804487
2024-12-270.57820.61130.56280.57098437.030425
2024-12-260.62130.630.55190.580433441.189635
2024-12-250.640.66830.62130.62138006.313296
2024-12-240.60280.64590.5760.641312994.333174
2024-12-230.56160.61610.54280.600514360.462611
2024-12-220.57360.60370.55790.561610859.971365
2024-12-210.62460.66760.57030.58669054.368559
2024-12-200.58190.6450.49410.633844662.990024
2024-12-190.65340.67260.56370.590735236.876569
2024-12-180.76170.76880.65020.653444225.284783
2024-12-170.83380.83580.55740.784389085.759709
2024-12-160.86480.89480.80020.833529432.174433
2024-12-150.85530.86290.80870.839515018.031156
2024-12-140.93420.95640.82360.855310851.50625
2024-12-130.97380.98260.87880.915819102.421238
2024-12-120.90151.03620.90150.9733621.837847
2024-12-110.8420.9230.80310.912119927.310691
2024-12-100.80820.85590.7430.833729348.569133
2024-12-091.00441.01060.54540.825649374.355886
2024-12-080.97851.02270.95011.009113893.133643
2024-12-071.02061.02270.97510.97620858.059201
2024-12-060.97721.05310.95921.0530646.616707
2024-12-051.01561.01710.95170.961234129.559329
2024-12-040.95891.06590.95861.046576.228997
2024-12-030.96560.9880.89730.958770382.399678
2024-12-020.860.9850.83970.984752730.251021

Analysis

The price shows a strong downtrend over the last 30 days, with significant volatility. A steep decline is evident from December 17th to December 20th followed by a period of consolidation. There appears to be a minor recovery trend initiated on December 23, but still showing signs of weakness. From December 27th to 31st, the price has been showing a small correction, indicating a possible consolidation. The volume was generally higher during the downtrend and lower during the latest consolidation, suggesting weakening selling pressure, but not enough to confirm a reversal. The overall trend is bearish with potential for short-term consolidation. Further price movements need observation before confirming a trend reversal. The immediate future might witness range-bound price action followed by either continuation of downward movement or reversal depending on market sentiment.The price has formed a lower low and lower high pattern, confirming the bearish sentiment. The period from December 20 to December 31 has shown a range bound behavior, with multiple daily candlesticks closing within a narrow range.