Band is a very undervalued coin in my opinion. It is an Oracle like chainlink and is their main competitor while its market cap is currently 41x smaller then that of chainlink. It is also accumulating in a very similar way that chainlink did when chainlink was back in the pennys and once again when chainlink was in the low $1-$4 range.
Currently Band has been consolidating for 425 days since its original 4000% breakout and on the weekly chart as we see here its RSI has been under tight resistance that entire time and now it is looking like it will finally break that resistance and pop out. If it runs to the top of the channel we are likely seeing $280 range BAND this winter if cryptos extended bull run can hang on long enough for it to get there.
This isnt trading advice, just sharing my thoughts on what I think is one of the very undervalued coins that is primed for a huge movement.
41.500.000 Band are in circulation and still rising.
300 USD = 12.6B USD market cap with the current circulation.
Will not happen any time soon.
100 USD might be possible IMO during this bull cyle.
Crypto-Host
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@testertje777, can you show me where are you looking for Band Supply in Circulation because coinmarketcap.com is showing 35 Milion !!!
testertje777
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@Crypto-Host, Coingecko, data on coinmarketcap is incorrect.
DukeDinhd6
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not going to happen trust me. I'd rather buy SHIBA
300 USD = 12.6B USD market cap with the current circulation.
Will not happen any time soon.
100 USD might be possible IMO during this bull cyle.