PROSPER / USD COIN on Ethereum (3155AC...0BD3BA)Uniswap v2 (Ethereum)
Description
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Here it is PROS breaking out of the 50D EMA after re-testing the same support that held for months with more than 100% increase of volume over the past day. The MACD is showing strong potential upwards.
Fundamentally PROS is strong with 15M market cap but… the Market Cap / TVL Ratio is so high at 3689
I am onboard but didn’t set my exit target yet… what’s yours? And where do you see it heading?
Trade closed: target reached
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11 hours ago I didn’t expect a 70% spike! It happened in the last 4 hours, so early in the day.
I’d say it is wise to close part of the trade and let the rest ride for 100%.