Using the inside pitchfork and layering them can give us a possible price scenario for Sologenic end of 2023. Of course we are basing this on the Expanding Cycle THeory mentioned by Nicolas Merten from Datadash on Youtube. The bull cycle for Bitcoin could happen in 2024 as well. No one has the crystal ball on the future peak for Bitcoin but with some math and trend analysis it is possible to get close and this is why the ECT (expanding cycle theory) makes sense. We see to tier price points on these inside pitchfork fibs. For November 2023 top $3579 Middle $1113 Low $390. For December/January we see top of inside Pitchfork $32,243 (never happen lol) Middle $9887 Low $3597.
So I love the optimism, and I would love for this to happen. But could you possibly explain how it could hit these numbers on a newer coin? I’m new to this and just trying to understand as much about the market as I can…
altcoinb
⋅
@DFUZZY1, if we look at layer one solutions like Solana, Cardano, Ethereum, and Polkadot, Sologenic falls right into this sector. This layer 1 market is booming and many top companies will be using these along with many retail customers. Sologenic is unique in that it is built on the XRP Ledger. If you look at Solana and its recent high of $260 November 2021, then Sologenic which is also targeting the same market as Solana and is on one of the fastest protocols anywhere with instant settlement it is not impossible to see the Sologenic price hit over a $200 price target as some point in future.