Reef coin prediction! Secret gem for long term investment!
I have been observing this coin past month or so and did quite a bit reading about it! I am mind blown for sure! Fundamentals behind this De-fi coin is a lot different than others. They have very ambitious plans for the long term and If they are able to fulfill their promises , this coin can shine above other de-fi projects. If Btc plays well and this coin road map happens without interruption ,we may even see 10x figures on the long term. Soon they are talking about Debit/visa card initiation with 8% cash back, staking options and new main-net initiation.
One other excellent future about this coin is the liquidity of reef/btc pair. You can literally buy and sell 50btc+ worth coins without the big slippage on Binance. This will surely attract mega whales for investment wise. As soon as we break the upper resistance , we may see sharp rise %50+ on the near term. But Btc needs to play well and so far BTC looks like it is getting stable and less fud on the surface. Mind you we have some bears hanging around but in this market you can not be just bear or bull. If you pick one side only, you will lose. We played the bear past month and that was that. Now market clearly recovering so time to adjust the new ways. At the same time we may see some explosive moves in both direction, but near term overall direction looking like weighing on bulls side at the moment. So bulls will be back in few days unless there is more fud!
All things a side make sure to do your own research before you ape into anything!
One other excellent future about this coin is the liquidity of reef/btc pair. You can literally buy and sell 50btc+ worth coins without the big slippage on Binance. This will surely attract mega whales for investment wise. As soon as we break the upper resistance , we may see sharp rise %50+ on the near term. But Btc needs to play well and so far BTC looks like it is getting stable and less fud on the surface. Mind you we have some bears hanging around but in this market you can not be just bear or bull. If you pick one side only, you will lose. We played the bear past month and that was that. Now market clearly recovering so time to adjust the new ways. At the same time we may see some explosive moves in both direction, but near term overall direction looking like weighing on bulls side at the moment. So bulls will be back in few days unless there is more fud!
All things a side make sure to do your own research before you ape into anything!
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Support holding up well so far! Lets cross the fingers! This coin deserves good run!
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We are about to break out of triangle! Fasten your seatbelt!
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next couple of days very important! We will find out what is going on by then but quitting position here does not make sense!
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Awkward moment but price action did break out of the triangle. As soon as we break 0.02usd , we should attempt towards $0.24 then $0.30 range.