Maple HTF Review 🧑 💼

What is Maple and what does it do?

Maple is a platform that offers decentralized lending and borrowing to institutional and individual investors.

The platform operates as a layer 2 solution on the Ethereum blockchain. The Maple platform enables investors to deposit funds into liquidity pools and borrowers to borrow from those pools.

Borrowing transactions are carried out in an automatic manner, depending on factors such as credit rating and collateral.

Who Are Maple's Venture Capitals?

Maple is funded by leading venture capital firms such as Multicoin Capital, Framework Ventures, and A&T Capital.

Maple's Total Supply and Circulating Supply

Total Supply: 10,000,000

Circulating Supply: 4,417,986 (as of 2023-11-16)

As of now, according to Coinmarketcap data, it ranks 450th in terms of market capitalization and 565th in terms of volume.

Technical Data 📈

During the bear period, it accumulated in the price range that I indicated on the chart for about 518 days.

The Fixed Range Volume Profile already shows us that the instrument is changing hands with intense volume at these levels. The intensive swap level is 15.25. As long as it stays above this level, we can expect it to continue its upward movement.

ADX, MACD, and RSI show us that buyers are still strong. When we look at the momentum, we can witness that the MAPLE bulls, who lost their strength, are back on the scene.

My goals for Maple in the 2024 crypto bull are available on the chart. These target prices were created keeping fibonacci levels in mind.

Thank you 🙏 for reading

#ContentStar# #mpl#