Name : Andromeda (ANDR)

ANDR Price : $0.03400 +5.32%

Consensus Mechanism : Proof of Stake

Volume: 10,816

Shariah Judgement

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Shariah Status :

Last Screening: Q2 2024

Legitimacy:

Project:

Token:

Reward:

Shariah Status:

Risk Analysis

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Legitimacy

Shariah

People

In-Depth Analysis

1

Legitimacy Analysis

Details Status
Whitepaper
Project
2

Shariah Analysis

Project/Products Use Case Status
Use Case Status
System Status Interpretation
3

People Analysis

Details Status
Team

Trading Signals

Moving Average (Short Term)

Strong

Moving Average (Mid Term)

Strong

Moving Average (Long Term)

Strong

Exponential Moving Average (Short Term)

Strong

Exponential Moving Average (Mid Term)

Strong

Exponential Moving Average (Long Term)

Strong

Bollinger Band

Strong

Williams %R

Strong

Relative Vigor Index

Strong

Money Flow Index

Strong

Chaikin Oscillator

Strong

Aroon

Strong

Klinger Oscillator

Strong

Chande Kroll Stop

Strong

Moving Average Convergence/ Divergence

Neutral

Relative Strength Index

Neutral

Stochastic

Neutral

Parabolic SAR

Neutral

Average Directional Index

Neutral

Ichimoku Cloud

Neutral

Average True Range

Neutral

Commodity Channel Index

Neutral

On-Balance Volume

Neutral

Volume Weighted Average Price

Neutral

Keltner Channel

Neutral

Dochian Channel

Neutral

Choppiness Index

Neutral

Ergodic Oscillator

Neutral

Ease of Movement

Weak

Ultimate Oscillator

Weak

Elder Force Index

Weak

Connors RSI

Weak

Rate of Change

Weak

Chande Momentum Oscillator

Weak

Triple Exponential Average

Weak

Know Sure Thing

Weak

Detrended Price Oscillator

Weak

Moving Average Envelope

Weak

Coppock Curve

Weak

Vortex Indicator

Weak

Schaff Trend Cycle

Weak

Elder Impulse System

Weak

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Pivot Points

Support 2


Support 1


Pivot Point


Resistance 1


Resistance 2


Support & Resistances

Support 2


Support 1


Last Price


Resistance 1


Resistance 2


Overview

Andromeda is a groundbreaking operating system that simplifies the process of developing and using applications on decentralized blockchain infrastructure. It represents a new category of software that builds upon the technical advancements of Bitcoin, Ethereum, and the Cosmos technical stack, which is currently utilized by three out of the five largest cryptocurrency projects. As modular blockchains and purpose-built blockchains become more prevalent, Andromeda emerges as a crucial software layer that manages the intricacies of interacting with and building on public blockchain infrastructure. This operating system enables innovative business models to be deployed and democratizes value creation for users, developers, and digital asset participants. By eliminating technological barriers to Web3 resources, Andromeda allows business models to be created and tested on a global scale within minutes, without incurring any costs. This revolutionary approach to blockchain-based application development and deployment has the potential to transform the landscape of decentralized technologies and drive widespread adoption.

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