Part 3/7:
On the four-hour timeframe, both RSI and Stoke indicate favorable upward momentum. However, short-term indicators, particularly the 1-hour timeframe, are showing signs of overheating. Therefore, a cooling-off period may be necessary before we see a sustained upward push.
Understanding Thor Chain’s Economic Landscape
Evaluating Thor Chain's market positioning, it has notably fallen from its previous highs, currently ranking at number 140 among cryptocurrencies. The circulating supply of around 351 million and a maximum supply of 500 million present a perspective on potential growth, assuming the project can navigate its financial challenges.