ABC has fallen very quickly from 0.050 BTC to 0.030 BTC . SV has risen very quickly from 0.010 BTC to 0.030 BTC and temporarily crossed ABC .
If we look at the fundamentals: ABC still has 10-20k daily transactions. And SV has around 5k daily transactions.
This could give us an indication that right now ABC is undervalued and SV is overvalued. If ABC starts to bounce from here, it could trigger a fall for SV .
In other words a good R/R ratio. I haven't set up any Sell targets. The main point here is: ABC , undervalued. SV , overvalued.
This is not a financial advise, just expressing my own opinions
I respect your TA but value of both is zero. With recent legal troubles at ABC camp i wouldn’t be surprised to see it at 30$. GL
naturex
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@DocAMG, I'm basing my value on Matcalfe's law, and there are currently many users on ABC and SV compared to the price
naturex
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@DocAMG, Also SV has no legal troubles and terabyte blocks / 1M + TX's on it's roadmap. That's alot more potential users than BTC can possibly get with Lightning network, Users = value.
DocAMG
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@naturex, I have nothing against SV, I like their potential and I have made really good profits on it but the question is, will these assets ever realize their potential?