Sia coin has an interesting concept that is very underrated. This coin has a solid use-case and is not very well known.
BENCHMARK
Sia has a circulating supply of only 31bn while Ripple (XRP) has a supply of 100bn.
The supply of SC is significantly less than XRP and yet the price is far lower. Obviously, this can be explained by the maturity of XRP through the Ripple team development and the differing use-cases. However, SC is only 3c, while XRP is pushing $3.00.
I can see SC reach a price of at least 20c in the near future, just like the initial rally of XRP in early 2017.
I have just purchased 738k SC at 29.6c that is within the small blue box on the chart. This trade will likely experience some draw-down, especially while completing the symmetrical triangle pattern. However, I am willing to hold this until it reaches the desired target price of 20c.
BENCHMARK
Sia has a circulating supply of only 31bn while Ripple (XRP) has a supply of 100bn.
The supply of SC is significantly less than XRP and yet the price is far lower. Obviously, this can be explained by the maturity of XRP through the Ripple team development and the differing use-cases. However, SC is only 3c, while XRP is pushing $3.00.
I can see SC reach a price of at least 20c in the near future, just like the initial rally of XRP in early 2017.
I have just purchased 738k SC at 29.6c that is within the small blue box on the chart. This trade will likely experience some draw-down, especially while completing the symmetrical triangle pattern. However, I am willing to hold this until it reaches the desired target price of 20c.
Note
Update: Decimal point error. 2.96c, not 29.6cNote
Break out!Note
I Sia moon! Do you Sia moon?!Note
:)Note
120% profits.
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.