A very important level was hit along with a very high volume this coin market cap vs volume ratio is almost 1:10 respectively, also a couple big exchanges have this coin listed and it’s market cap is only 87 million at the time this was written
I’m not trying to sell this coin to anyone this is my personal opinion and analysis, I’m basing my hypothesis in the fact that almost every new coin has price increments of somewhere between 4-40 times its price and the time seems to be correct for this one
Fib level 0.618 (the strongest of the fib levels worked as a support for the price) and the price seems to be having a parabolic uptrend movement
*Not a financial advise*
I’m not trying to sell this coin to anyone this is my personal opinion and analysis, I’m basing my hypothesis in the fact that almost every new coin has price increments of somewhere between 4-40 times its price and the time seems to be correct for this one
Fib level 0.618 (the strongest of the fib levels worked as a support for the price) and the price seems to be having a parabolic uptrend movement
*Not a financial advise*