Ather

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Discover Ather's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Ather?

There is no cryptocurrency called "Ather (ATR)". The term "ATR" refers to the Average True Range indicator, which is a technical analysis tool used to measure market volatility. It is not a cryptocurrency. If you are looking for information on a specific cryptocurrency, please provide the correct name, and I will be happy to assist you.

How is Ather used?

The Average True Range (ATR) indicator is a widely used technical analysis tool in cryptocurrency trading. It measures market volatility and helps traders make informed decisions about their trades. Here are the key ways the ATR is used in crypto trading:

  1. Measuring Volatility: The ATR calculates the average range of price movements over a specified period, providing insights into market volatility. Higher ATR values indicate higher volatility, while lower values suggest lower volatility.

  2. Stop Loss and Take Profit Placement: Traders use the ATR to set stop loss and take profit levels. By setting stops at a multiple of the ATR, traders can avoid market noise and protect their capital. Similarly, take profit levels can be set based on the ATR to maximize profits.

  3. Exit Strategies: The ATR is often used in exit strategies such as the "chandelier exit," which sets a trailing stop under the highest high since entering the trade. This helps traders lock in profits and limit losses.

  1. Position Sizing: The ATR can be used to determine the size of a trade based on the trader's risk tolerance and market volatility. This ensures that traders are not overexposed to market fluctuations.

  2. Combining with Other Indicators: The ATR is often used in conjunction with other technical indicators such as Moving Averages, Bollinger Bands, and Parabolic SAR to confirm trading signals and improve trading decisions.

  3. Breakout Detection: The ATR can be used to identify significant breakout points by adding the ATR to the closing price. When the next day's price trades above this value, it indicates a change in volatility and a potential trading opportunity.

Overall, the ATR is a versatile tool that helps traders navigate the volatile cryptocurrency markets by providing insights into market movements and enabling more informed trading decisions.

How do I store Ather?

To store Ather (ATR) tokens, you can follow these steps:

  1. Use a Ledger Device: Ensure you have the latest version of Ledger Live and the Ethereum app installed on your Ledger device. This will allow you to manage your ATR tokens securely. You can view your tokens by selecting the Ethereum account that holds them and clicking on "Show tokens" under that account.

  2. Use MyEtherWallet: You can store ATR tokens on MyEtherWallet by specifying the token contract address. This will enable you to access and manage your tokens along with Ether in the same wallet.

  3. Use a Secure Wallet App: Consider using a wallet app like the Arweave app wallet, which provides a secure environment to store and manage your tokens. You can follow step-by-step instructions to set up and use the wallet.

  1. Store Tokens Securely: Always ensure that your wallet is up to date and that you have the necessary Ether (ETH) to cover network fees for token transactions. This will help you avoid potential risks and ensure smooth transactions.

How to buy Ather?

To buy Ather (ATR) tokens, you can follow these steps:

  1. Check Availability on Exchanges: Currently, Ather coin is not listed on any cryptocurrency exchanges (CEX or DEX). You can monitor the status on platforms like CoinCarp, which will provide real-time prices once it is listed.

  2. Private Sales and ICO: Ather has had private sales and an ICO in the past. Round 2 of the token sale offered a discounted price with a bonus. Keep an eye on their official channels for any future sales or listings.

  3. Over-the-Counter (OTC) Trading: While not recommended due to associated risks, you might be able to purchase Ather coin from other traders through OTC trading.

  1. Stay Informed: Follow Ather's official social media channels, such as Twitter, for updates on availability and potential future listings.

Remember to do your own research and understand the risks involved before engaging in any trading activities for Aether coin.

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History of Ather

The history of the crypto token Ather (ATR) is not explicitly mentioned in the provided sources. The sources primarily discuss the broader context of crypto art, NFTs, and blockchain technology, but they do not specifically mention Ather (ATR) or its history.

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How Ather works

The Average True Range (ATR) is a volatility indicator used in technical analysis to measure the average distance between an asset’s high and low prices over a specified period. In the context of cryptocurrency trading, ATR is particularly useful due to the inherently volatile nature of many crypto tokens.

Calculating ATR

To calculate the ATR, you need to determine the True Range (TR) for each trading period. The TR is the highest of three values:

  1. Today’s High - Today’s Low: The difference between the highest and lowest prices of the day.
  2. Today’s High - Yesterday’s Close: The difference between today’s high and yesterday’s closing price.
  3. Yesterday’s Close - Today’s Low: The difference between yesterday’s closing price and today’s low.

The largest of these three values is the True Range. The ATR is then calculated by averaging the True Range over a specified number of periods, typically 14.

Using ATR in Crypto Trading

ATR is useful in crypto trading for several reasons:

  1. Volatility Assessment: ATR helps traders gauge the volatility of a cryptocurrency, which is essential for making informed trading decisions. Higher ATR values indicate higher volatility, while lower values suggest lower volatility.
  2. Entry and Exit Points: ATR can be used to determine suitable entry and exit points for trades. For example, a trader might use ATR to set stop-loss levels or to identify potential breakout points.
  3. Position Sizing: ATR can help traders determine the appropriate position size based on the volatility of the market. This ensures that traders are not overexposing themselves to risk.
Example of Using ATR

Suppose you are trading a cryptocurrency and want to use ATR to set a stop-loss level. You calculate the ATR over a 14-day period and get a value of 1.35. You then set your stop-loss at 1.35 times the current price, ensuring that you are protected from significant losses in case the market moves against you.

Key Points
  • ATR is a volatility indicator: It measures the average distance between an asset’s high and low prices over a specified period.
  • ATR is useful in crypto trading: It helps traders gauge volatility, determine entry and exit points, and set stop-loss levels.
  • ATR can be used with other indicators: Combining ATR with other technical indicators, such as the Relative Strength Index (RSI), can provide a more comprehensive view of market conditions.

By understanding how ATR works and applying it effectively, traders can make more informed decisions and improve their overall trading strategy in the volatile world of cryptocurrencies.

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Ather's strengths

The token Ather (ATR) has several strengths that make it a promising cryptocurrency project:

  1. Security and Ease of Use: Ather aims to provide a secure and user-friendly platform for cryptocurrency payments and digital arbitration, making it accessible to a broader audience.

  2. Decentralized Digital Asset: Built on the Tron network, Ather is a decentralized digital asset, which ensures transparency and trust in transactions.

  3. Digital Arbitration System: The project includes a digital arbitration system, which helps resolve disputes efficiently and securely, adding an extra layer of trust to the platform.

  1. Easy Integration: Ather is designed to simplify the interaction between users and the decentralized ecosystem, making it easier for mainstream users to adopt cryptocurrency payments.

  2. Strong ICO Profile: Ather's ICO profile is strong, with a high rating based on factors such as its team, social activity, and financial details.

These strengths position Ather as a project that can potentially make a significant impact in the cryptocurrency market.

Ather's risks

Ather (ATR), as a cryptocurrency project, is exposed to various financial risks that can impact its value and stability. These risks include:

  1. Market Risk: Fluctuations in market conditions, such as changes in supply and demand, can cause significant price swings, affecting ATR's value.

  2. Credit Risk: If ATR is used for lending or borrowing, there is a risk that borrowers may default on their debts, leading to financial losses.

  3. Liquidity Risk: ATR's liquidity can be affected if there are not enough buyers or sellers in the market, making it difficult to convert assets into cash quickly.

  1. Operational Risk: Poor management, technical issues, or regulatory non-compliance can lead to operational failures, negatively impacting ATR's financial health.

  2. Legal Risk: Changes in regulatory environments or legal challenges can impact ATR's legitimacy and value.

  3. Currency Risk: If ATR is traded in multiple currencies, exchange rate fluctuations can affect its value.

  1. Speculative Risk: High-risk investments or speculative trading can lead to significant losses if the market does not perform as expected.

  2. Default Risk: The risk of default by other parties involved in ATR transactions, such as exchanges or wallets, can also impact its financial stability.

These financial risks highlight the importance of careful risk management and due diligence for investors and stakeholders involved with ATR.

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Did Ather raise funds?

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Ather’s team

  • Founder and CEO: Sota Watanabe - A Japanese entrepreneur and blockchain enthusiast, Watanabe is the driving force behind Astar Network. He is dedicated to accelerating the mass adoption of Web3 technology and has been instrumental in developing Japan's largest public blockchain.
  • Co-Founder and CTO: Hiroshi Takahashi - Takahashi is a seasoned blockchain developer and architect. He has played a crucial role in designing and implementing the Astar Network's technical infrastructure, including the zkEVM scaling solution.
  • Head of Business Development: Yuya Tanaka - Tanaka is responsible for fostering partnerships and collaborations with various businesses and organizations to expand Astar Network's ecosystem. He has been instrumental in securing key partnerships, such as the joint venture with Sony Network Communications.
  • Lead Developer: Taro Shimada - Shimada is a skilled blockchain developer with extensive experience in building decentralized applications. He has been instrumental in developing the Astar Network's core technology, including the Astar Substrate and zkEVM.
  • Marketing and Community Manager: Erika Saito - Saito is responsible for managing Astar Network's marketing and community outreach efforts. She has been instrumental in building a strong community of developers, entrepreneurs, and users around the Astar Network.

Whalee AI

The fundamental analysis assistant for crypto value investors.

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