As you may already know from my previous EOY predictions. The 3 flags represent 3 scenarios of where the price could end up the the EOY 2021, assuming that's when Bitcoin peaks.
Green being the best case scenario. Red being the worse case scenario. Yellow being moderate or the more than likely scenario.
The best case scenario for Karura (KAR), a Defi 💎 that have many well-known & credible backers within Andrews' Pitchfork Model is
that it ends up in somewhere in that blue upper channel and is priced somewhere between $114-$154 by the end of the year.
What is more than likely to happen by the end of the year is that it ends up in anywhere within that middle green channel and is sitting around a price of $86 - $113 by he EOY.
The scenario that could possibly happen, but seems a tad bit unlikely is that KAR is sitting around a price $76-$83 bucks, and ends up in that lower blue channel by the EOY.
With a lot of credible backers, an Amazing Team, a working product, Just a 100 mil supply and an ATH of only $9. This baby is going to be in price discovery soon!!!
I believe KAR will make a lot of people money, and ends ups either in the upper blue channel or green median channel within Andrew's Pitchfork Model.
Which means the price IMO will be $100+ by the EOY, but as they say in crypto... anything can happen.
This is one Defi project that i can see a lot of people catching on to in the coming months, this is one project you would want to be in early.
Just take a look their backers, you won't regret it!
Another one of my 💎's & of my long-term holds for sure!