In this article, we will do the technical and fundamental analysis of the EPIK coin according to the information we received from the website www.coinmarketcap.com What is the EPIK coin in our article? You will find the answer to the questions of their projects, on which stock exchange, and with which currency pairs they are traded. The analyses we will make in weekly periods will help coin investors anticipate opportunities and risks and develop an investment strategy accordingly.
What is EPIK Prime (EPIK ) Coin?
EPIK Prime (EPK) is a DeFi project built on the Binance Smart Chain that aims to provide users with access to decentralized financial services while facilitating a seamless user experience. The EPK token can be used for various activities on the platform, such as staking, liquidity provision, yield farming, and governance.
Projects :
One of the critical projects of EPIK Prime is its Decentralized Exchange (DEX), which allows users to trade cryptocurrencies in a decentralized manner without intermediaries. In addition, EPIK Prime plans to launch other products, such as an NFT marketplace and lending protocols.
Factors affecting price:
Several factors can influence the price of EPK tokens. One factor is the overall market sentiment toward cryptocurrency and DeFi projects. If there is positive sentiment towards these markets, it may lead to increased demand for EPK tokens and subsequently drive up their price.
Another factor that can influence the price of EPK tokens is the adoption rate by users. If more people start using EPIK Prime’s platform and products, it could increase demand for EPK tokens, resulting in a rise in their value.
Lastly, any major updates or announcements regarding new partnerships or product launches from EPIK Prime could also impact the price of EPK tokens.
Where can I buy EPIK Prime?
EPIK Prime ( EPIK ) baseline assessment :
The epic token circulating supply with a market cap of $3,794,647 is 807,201,922 units, and its total supply is 2,000,000,000, fully diluted valuation of $9,350,659.
What is the high point of the price for Epic Prime (EPIK)?
Epic Prime’s (EPIK) highest price is $0.9632, recorded in November 2021 (more than one year). The current price is -99.46% lower than the all-time high.
What is the low point of the price for Epic Prime (EPIK)?
Epik Prime’s (EPIK) lowest price was recorded as $0.004627 at the time of writing.
Epic Prime (EPIK) Coin Technical Outlook:
The epic coin traded at $0.017661 on January 26, 2023, declined to $0.004751 within the weekly falling channel. Epic token, which rose by 46% to $0.006703 with the volume of purchases, came back to the price of $0.004751 from the falling channel top with the sales on the market. It can be expected that the price will react with the positive dissonance in Rsi, which has formed a double bottom formation with the remarkable volume increase in recent days. The sequential resistances to be followed with the next purchase are $0.0067 -0.008427 -0.017661$ levels. If the $0.004751 level, which works as a support, is broken, a drop to the $0.003074 level can be expected.
Investment information, comments, and recommendations contained herein are not within the scope of investment consultancy. The content, comments, and recommendations contained herein are not guiding but general. These recommendations may not suit your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information herein may not yield results that meet your expectations.
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