a $1 price would mean a 22.3B market cap. That's a big increase from the current 9.7B. Possible? Sustainable?
FurkanE
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@rickdlt79 Possible? Yes! Sustainable? Also yes! Look at DOT, it would be the same mcap. I expect the whole market to grow, so 22.3B is not impossible.
rickdlt79
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@FurkanE, Agree, just wanted to get your opinion. Question, is that a custom Fibonacci Retracement you're using? Or is the script available.
FurkanE
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@rickdlt79 Its just the standard FIB Retracement tool available in TV. I just changed the background, nothing more.
ontherunsince1905
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Great call, many thanks. Would you update your projection at this stage?
FurkanE
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@ontherunsince1905 right now BTC is joking with us, it really depends on BTC.
I took profit halfway and put some in AION.
ontherunsince1905
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@FurkanE, hmm? So, you don't think it will hit 0.75 / 0.80 in the coming days?
FurkanE
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@ontherunsince1905 I do think it will hit my target, there is also a potential bull flag in the make on the 1h/4h chart.
CryptoeChris
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I will be in a boat celebrating if we get to 1$ by next week