Behold! The Metaverse is here.
We can buy virtual assets with this token - or we can trade value on the range plays of the token itself!
I choose Option 2, since I haven't figured out how to get into this Metaverse yet.
We have here a beautiful range box. Price will for the most part adhere to the limitations of this range box and return to it when it does not. This is because the token is still new, it got ran up quickly due to a hype phase upon release and now must find its bearings and build up some steam before the next moon shot.
We have here an ascending triangle; price may respect the shape for a bit longer but ultimately I think the buyers are waiting for another dip to the bottom of the range box - probably around 27500-28000.
From there I fully expect 60000 to get tested again and possibly float into the top range above for a time. In the long run however, with btc in an expanded flat correction I believe this one day will bottom out around 18000 - to get retested as the assets' 'true value' (before Mr. Starlink Megawhale buys the rocket ship to 100,000 and beyond).
We can buy virtual assets with this token - or we can trade value on the range plays of the token itself!
I choose Option 2, since I haven't figured out how to get into this Metaverse yet.
We have here a beautiful range box. Price will for the most part adhere to the limitations of this range box and return to it when it does not. This is because the token is still new, it got ran up quickly due to a hype phase upon release and now must find its bearings and build up some steam before the next moon shot.
We have here an ascending triangle; price may respect the shape for a bit longer but ultimately I think the buyers are waiting for another dip to the bottom of the range box - probably around 27500-28000.
From there I fully expect 60000 to get tested again and possibly float into the top range above for a time. In the long run however, with btc in an expanded flat correction I believe this one day will bottom out around 18000 - to get retested as the assets' 'true value' (before Mr. Starlink Megawhale buys the rocket ship to 100,000 and beyond).