Fundamental Analysis

Introduce

Symbol is the trusted, secure value exchange network for business. Symbol smooths business friction, increasing the flow of data and innovation to supercharge the creation, exchange and protection of assets.

BasicInfo

NameValueNameValue
SymbolXYMMarket Cap109450896.92761
NameSymbolWhite Paper--
Web Sitehttps://symbolplatform.comIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://symbol.fyi/Algorithm--
Forum--Proof--
Mining Total8999999999
Supply8999999999Release Date2021-03-17
Available Supply6114575247.352551

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.017660.018850.016730.01795337.9992964
2024-12-300.0180.018450.017570.0179112039.4805583
2024-12-290.018740.019180.017890.018166894.1407409
2024-12-280.018770.018910.017980.018735716.3360599
2024-12-270.018780.01950.018610.0191039.9879548
2024-12-260.019760.019760.017990.018771306.1616959
2024-12-250.019440.020530.019260.020532961.3675083
2024-12-240.018860.020220.018550.019551684.3140129
2024-12-230.018160.019110.017760.018934332.7045668
2024-12-220.019020.019330.017930.018156172.6934496
2024-12-210.01970.021060.018790.018799564.6966605
2024-12-200.019580.020590.017180.019389159.1056609
2024-12-190.02050.020640.01890.019495909.0100453
2024-12-180.022850.022870.020470.020473695.2136829
2024-12-170.023340.023550.02270.022854629.5533396
2024-12-160.023760.024230.022340.0234816295.7834786
2024-12-150.023290.02420.022090.0237616918.8959828
2024-12-140.024640.024660.023040.023312256.1484969
2024-12-130.024330.024720.02350.0243710256.5096239
2024-12-120.02580.02580.024260.024274323.8816574
2024-12-110.023970.0260.023460.0259413012.2023353
2024-12-100.022510.026550.021250.0241623681.3147317
2024-12-090.027240.027520.022440.0230224263.8131912
2024-12-080.027710.027950.02680.0271133945.1050006
2024-12-070.029420.030080.024940.027841244.8141585
2024-12-060.029710.030590.02810.0300919730.2952496
2024-12-050.031190.034010.028520.0297362123.1525127
2024-12-040.03040.031190.029760.03128150.5807533
2024-12-030.029220.030770.028930.0305724026.7163463
2024-12-020.028390.030970.027310.0292232919.5266121

Analysis

The data reveals a volatile period with a noticeable downward trend over the 30 days. Initially, there was higher trading volume and price activity with prices fluctuating significantly. The price saw a major decrease from the start of the month around 0.03 to a low of 0.01673 at the end. The volume decreased significantly along with price decrease. The last few days show some potential stabilization, with relatively low volatility. This suggests a weakening of the downward momentum, but a clear direction is difficult to establish without more data and additional indicators. There is the potential for a reversal if the low volume is sustained, but a continued downward trend cannot be ruled out.