PLAUSD - Playdapp - Gaming coin making big strides in multiple areas of the gaming/meta industry and subsector. Recent partnerships and apparently a very active management/Dev team. Korea and Japan, as well as US/global developments and activities.
So, It's hit almost $5 ATH not too long ago. Recent developments put it at around $2.50, low marketcap - sub- 1B, low float, thinly available. Greater demand > supply, has put upward, consistent price pressure and it has been rising from the mid-$1 level into the $2's with a smaller local breakout occurring 5 days ago to let off some pressure. Well, it didn't let off enough, this is trending higher and RSI is building on 4h. We will be getting that BREAKOUT very soon IMO.
We will see this tightening triangle and ascending trendline lead to a breakout shortly. My targets are in the $5 vicinity ST, and more if other gaming/metaverse coins are any indication. (Think SAND, GALA, MANA, etc.).
Always keep an eye on BTC, ETH , though this trades independently with hardly any negative movements, and only positive correlation. How awesome is that? Time will tell. GLTA, do your due diligence and enjoy the ride up.
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Trade is still on despite some macro-BTC stresses. Recent Binance listing gave us a lift. $5 incoming, and likely quicker with new buyers and discovery.
@xolki4 Market dictates price, though I do expect it within a week, anytime.
dr0iz2
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Nice write up :)
The_ForexX_Mindset
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BTC along with crypto was impacted by China 🇨🇳. The Chinese seem to hate crypto. USA needs to do business elsewhere which BTC has been rising since. I’m sure the Chinese when the inventory is not moving then money will start talking soon.
The_ForexX_Mindset
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Great chart. The only problem is CHINA 🇨🇳. They are causing crypto to slow down. we need BTC to rise in order for cryptos to bring in those bulls. As of now bulls seem to be locked up.
sadovski32
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Tanking now
xolki4
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Hey, what do you think now?
Vascodegama
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Wow. That was great, mid 3’s. Adjust plan as needed and hold course. We’re on our way to 5+!
scrom_indicator
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@Vascodegama doesn't really look like it? why did it just crash back down?