Reef coin slowly heating up and getting ready for massive rally! Price action staying above exponential moving average EMA 20/50/100 and just under Ema200 on the daily chart. Bollinger bands is currently narrowing down opening up more space for next action. Still not late to get in on an action on this coin. Once we break $0.03 usd , $0.04 will be the next target. Ultimately $0.08-$0.09 is my mid-long term targets. RSI(14) sitting strong at 57 points which could indicate start of another rally. If we can stay above ema200 for a little while, GOLDEN Cross may happen and trigger the fun times.
Soon Reef credit card is coming up and recently they lunched their main-net which allows people to stake their coins. Which could also mean less coins in circulation( Cardano did exactly the same last year then they grow 20x . Reef coin giving me similar vibe)
Soon Reef credit card is coming up and recently they lunched their main-net which allows people to stake their coins. Which could also mean less coins in circulation( Cardano did exactly the same last year then they grow 20x . Reef coin giving me similar vibe)
Comment:
we are still moving as planned. Things looking really good at the moment. Hopefully we can break and stay above 0.03usd range so we can attempt 0.04 range asap.
Trade closed manually:
I closed my trade few days earlier with no profit due to BTC's weaker outlook but I will get back in once BTC looks more stable.