WeAreSat0shi

LBC Library still under monthly resistance

Long
BITTREX:LBCUSDT   LBRY Credits / Tether
The monthly stochastic RSI is showing strength and momentum but price is still under the resistance. LBC needs to move above 3 cents and hold it as support on the monthly chart. doing so would make the next move be to the resistance of 7 cents and the same rules apply to this resistance area as the previous.

Momentum growing I would not be surprised to see the price move above the 3 cent mark and make it support.

Library is great media platform that is decentralized and open sourced. By being decentralized the platform protects freedom of speech rights and ensures freedom of press. There also is a mobile app on Android.

There is a court judgement against this project awaiting the final ruling as the SEC has filled a securities claims against LBRY. Regardless of the outcome, this jurisdiction is bound only to USA borders so to the rest of the globe it means nothing.


Thanks for looking
Any questions or comments can be left below.

tiktok.com/@wearesat0sh1
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.