Analysis of Prices Not Yet at Listing with Pre-market Reference
2024-09-02Bittime - One method that is often used is price analysis with pre-market references.
This article will take an in-depth look at Blum's price analysis, along with factors to consider.
When is it not listed yet?
From information from crypto analysts on social media
Read Also: Listing date is not yet September 20, ready for the jackpot?
Analysis of Prices Not Yet at Listing with Pre-market Reference
By monitoring share price movements in the pre-market session on X's social media account (twitter) from the explanation in the image below, Blum's price reference is as follows.
1 not = $0.028, for example the calculation is 0.028$ × 10000 coins = 280$. This is the pre-market price from the image above and still needs to be explored, because crypto market prices are very volatile.
Factors Affecting Price When Listing
Apart from pre-market references, there are several other factors that can influence share prices during listing, including:
Company Fundamentals
A company's financial performance, growth prospects and competitive advantages are fundamental factors that greatly influence share prices.
Market Conditions
General market conditions, such as interest rates, inflation, and investor sentiment towards the stock market, can also influence stock prices at listing.
Investor Interest
The level of investor interest in shares that will be listed greatly determines the level of demand and supply of shares at the time of listing.
Corporate Strategy
The company's strategy in carrying out promotions and outreach to investors can also influence investors' perceptions of shares that will be listed.
Read Also: Complete Guide on How to Withdraw Crypto from Telegram Wallet
Tips for Conducting Price Analysis When Listing
Here are some tips that can help you in carrying out price analysis when listing:
Study the Issuer in Depth
Conduct in-depth research on the issuer that will be listed, including studying the company's financial statements, prospectus and business plan.
Observe the Price Movement in the Pre-market Session
Keep an eye on stock price movements in the pre-market session to find out the market sentiment towards the issuer.
Compare with Same Sector Companies
Compare the valuation of the company that will be listed with similar companies that have already listed on the stock exchange.
Conclusion
Price analysis at listing with pre-market reference is one method that can be used to estimate share prices at listing.
However, keep in mind that share prices at the time of listing can be very volatile and influenced by various factors.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor graphic movement Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.