Cryptocurrency

Symbiosis (SIS) Coin Overview and Weekly Technical Review:

This article centers around a thorough assessment of SIS coin's technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value

This article centers around a thorough assessment of SIS coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it  ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits..

 

What is Symbiosis (SIS) Coin?

Symbiosis (SIS)  is a cryptocurrency that aims to create a decentralized ecosystem for digital advertising . It operates on its own blockchain and utilizes smart contracts to facilitate transparent and efficient transactions within the advertising industry . SIS coin holders can participate in various activities, such as staking , voting, and earning rewards through the platform’s governance system . The Project aims to revolutionize the advertising sector by eliminating intermediaries and providing fair compensation to content creators while ensuring privacy for users .

 

If you want to know more about the Symbiosis Coin(SIS) coin , you can visit its website .

 

https://symbiosis.finance/

 

Projects:

 

As of my knowledge , here are some projects associated with Symbiosis (SIS) coin :

 

1.Decentralized Advertising Ecosystem : Symbiosis aims to create a decentralized ecosystem for digital advertising where content creators can directly connect with advertisers , eliminating intermediaries and ensuring fair compensation .

 

2Smart Contracts : The SIS blockchain utilizes smart contracts to automate transactions and enforce transparent rules within the advertising ecosystem . This technology helps streamline processes and ensure trust between all participants .

 

3.Governance System  : Symbiosis offers a governance system that allows SIS coin holders to actively participate in decision-making processes through staking and voting mechanisms. This ensures community involvement in shaping the future of the platform .

 

  1. Privacy Protection : The project focuses on providing privacy protection for users by implementing secure protocols that safeguard personal information while still allowing targeted advertising based on user preferences .

 

Please note that these projects may evolve over time as the team behind Symbiosis continues to develop their platform further . It’s always advisable to visit their official channels or website for up-to-date information about ongoing projects and developments related to Symbiosis (SIS) coin .

Factors affecting price: 

 

Several factors can influence the price of Symbiosis (SIS) coin, as is the case with most cryptocurrencies. Here are some common factors to consider:

 

  1. Market Demand and Supply : The basic principle of supply and demand applies to cryptocurrency prices. If there is high demand for SIS coins but a limited supply , it may drive the price up. Conversely , if there is low demand or an increase in selling pressure , it could lead to a decrease in price .

 

2Overall Cryptocurrency Market Sentimen : The sentiment surrounding the broader cryptocurrency market can impact individual coin prices, including Symbiosis (SIS). Factors such as regulatory developments, market trends, and investor confidence can influence how investors perceive and value cryptocurrencies.

 

  1. Project Developments and Partnerships : Positive developments within the Symbiosis ecosystem, such as new partnerships or technological advancements, can generate interest from investors and potentially increase the coin ‘s value .

 

4Competition and Industry Trends : Competition within the digital advertising industry or emerging technologies that aim to disrupt traditional advertising models may affect how people view Symbiosis (SIS) coin’ s potential value proposition .

 

5 Investor Perception  : Investor sentiment towards Symbiosis (SIS), including trust in its team members’ capabilities and project roadmap execution, can impact its price performance .

 

It’s important to note that cryptocurrency markets are highly volatile by natüre , meaning prices can fluctuate rapidly due to various internal and external factors beyond what was mentioned here . It’s always advisable for investors to conduct thorough research before making any investment decisions regarding Symbiosis (SIS) coin or any other cryptocurrency .

 

Where can I buy Symbiosis Coin (SIS)?

 

            Exchange                             Pair         Volume

 

 

 

 

 

 

Symbiosis Coin (SIS) Baseline Assessment :

 

The market cap of the Symbiosis Coin (SIS) coin is $ 7.012.778  and its circulating supply is 42.829.460 units . Its maximum supply is 100.000.000 units , with a fully diluted valuation of $ 16.373.725 .

 

What is the high price point for Symbiosis  Coin (SIS)?

 

Symbiosis Coin (SIS) token highest price is $5.61 recorded on Jan 16, 2022. The current price is -97.09% lower than the all-time high .

 

What is the low point of the price for Symbiosis Coin (SIS)?

 

Symbiosis Coin(SIS) token’s lowest price was $0.05639 on Nov 10, 2022 .

 

Symbiosis Coin (SIS) Technical Outlook:

Symbiosis (SIS) coin, traded at $5.81 on January 10, 2022, dropped to $0.0548 on November 07, 2022. It has been consolidated at this level for about 7 weeks. Then, the upward movement, which started on January 23, 2023 in a voluminous way, continued within the channel, saw the fibo 0.382 level of $ 0.3259, and retreated to the lower band of the channel. The increase in volume in recent days is remarkable. The volume zone of the bearish move and the fibo 0.236 also continue to operate as support at $0.1649, which is the channel lower band. A long position can be opened by taking the stop point at this level. A possible move to the upper band of the ascending channel can leave a profit margin of approximately 135% for its investor.

Support zone $0.1649 – $0.0548 sequential resistances: $0.3259 – $0.5651 – $0.9799 – $2.14 -5.81$

 

Investment information, comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments , and recommendations 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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Andres Crow-Hreidar

Editorial Director Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems. As a journalist, I'm committed to providing my readers with accurate and reliable reporting. I believe that access to high-quality information is essential for making informed decisions, whether it's about personal finances or investments. When I'm not writing about finance, I enjoy a variety of hobbies and interests.

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