New coin and young chart, but based on the current key levels these are personal thoughts on possible scenarios short term.
The project is good but the fully diluted market cap is already big, same as Polygon network (MATIC) which obviously has a longer history, so the token doesn't seem to be underpriced.
Based on the bearish sentiment of the market this year we might see lower prices.
This is not a financial advice.
DYOR, cheers!
The project is good but the fully diluted market cap is already big, same as Polygon network (MATIC) which obviously has a longer history, so the token doesn't seem to be underpriced.
Based on the bearish sentiment of the market this year we might see lower prices.
This is not a financial advice.
DYOR, cheers!
Comment:
Good rejection from 1.3$ support, now trying to break the descending trendline.