Fundamental Analysis

Introduce

XSwap is a dapp built on Chainlink CCIP - a decentralized interoperability protocol to transfer messages and funds between blockchains. XSwap provides a service layer on top of CCIP to execute cross-chain token swaps and flexible smart contract execution on the destination chains.

BasicInfo

NameValueNameValue
SymbolXSWAPMarket Cap15876537.75
NameXSwapWhite Paper--
Web Sitehttps://xswap.link/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total350000000
Supply350000000Release Date2024-05-06
Available Supply145323000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.102070.113940.102030.1092525376.832819
2024-12-300.105150.109940.101430.1026418966.3814373
2024-12-290.110870.112110.105080.1059316355.689739
2024-12-280.117950.120320.110820.1108222468.0114545
2024-12-270.113560.1380.113420.1178867689.2133709
2024-12-260.128710.128710.114110.1149866688.8582032
2024-12-250.137640.137650.12620.1278549630.8279828
2024-12-240.135830.139660.13350.1376421355.5830811
2024-12-230.129510.143920.129080.13577182177.7163947
2024-12-220.117040.129510.117040.1295153825.4152908
2024-12-210.113110.125590.113110.1171762365.2367781
2024-12-200.112310.125580.104460.11233130098.1341859
2024-12-190.1170.126220.102730.11165177324.4218515
2024-12-180.116660.133260.113230.11514180599.7347216
2024-12-170.132860.139250.115310.11746110921.4315216
2024-12-160.1270.142170.126840.13299189505.7743235
2024-12-150.12230.133670.119350.1267763454.4271334
2024-12-140.120950.134150.118360.1213280276.7434675
2024-12-130.128640.140670.11480.11987199488.5410505
2024-12-120.1020.168880.100020.12675254951.6044731
2024-12-110.093810.106340.092420.10153159022.2172025
2024-12-100.092530.100070.089740.0936861841.3972909
2024-12-090.106320.106340.087820.09251124749.2226515
2024-12-080.096340.1120.09610.1062774541.845122
2024-12-070.088760.098540.087170.0985339969.3363418
2024-12-060.089970.092030.084270.087535567.3868101
2024-12-050.082550.094510.080550.0882179642.0695642
2024-12-040.084970.096270.081070.08303133210.4068832
2024-12-030.067370.087950.0670.0852176784.090622
2024-12-020.066820.069830.064850.0668131519.5450291

Analysis

The data suggests a volatile period with significant price fluctuations over the 30 days. A strong upward trend is seen from the beginning of the period until around December 24th, followed by a pronounced downward trend till December 30th. The most recent day, December 31st, shows a potential reversal with the price increasing again. High trading volume is observed particularly during price swings, suggesting strong market participation. The price movement seems to have formed a V-shape pattern. The support level was formed around 0.065 and the resistance level was around 0.14. Overall, it appears the asset is in a recovery phase after a recent downtrend and may potentially retest the previous resistance. However, the short-term direction remains uncertain and further monitoring is required.