Fibonacci overextension of 4.236 is giving us a price target of almost 7$. During the lowest low of this oracle network token, the price dipped down to 0.07$. During bullish time tokens with low market cap and strong fundamentals go through different scenarios. The one presented here is linear and steady grow based on the solid APY of almost 150% coming from...
This could go either way but look how it gets squeezed and compressed between the 200MAs (red / green) on the daily chart.
And they get narrower and narrower as the pressure is building up.
Lets see where this goes.
Good reclaim of important monthly level, I'd prefer to see a nice retrace back to 57s but the opportunity cost may outweigh the better entry. We're entering peak euphoria ranges from the internet bubble... if we escape this range, north of $82 the fun really starts. All time highs are a mere 40% away, with 50%+ upside from there.
Take profit levels marked using...
MRPH has broken the downtrend line and confirmed it as support multiple times on the 4H timeframe.
check on coinmarketcap, its around rank 500 with Market Cap of $35,794,198, it should not take much volume to make Morpheus Network Moon
- Market Cap, small, ~68M USD as of May 2nd
- Total Supply, 1 Trillion UBX, Works on emission so this is irrelevant.
- Current Circulating supply 34.52 Billion UBX (90.31% of Max Supply)
- ~170% ROI since ICO
- Initial distribution data unavailable (See End of Report)
- ICO ran from 16-9-2019 to 18-7-2020 Initial price of 0.00000077...
First ever global 4g/5g cellular phone network beeing built by $ASTS seems to follow similar market mechanisms and psychologies as that of junior mining operations: The Lassonde curve, with it’s two waves of share price increase.
Only competitor so far (possible duopoly) is Lockheed Martin and Omnispace cooperstion.
Technology is proven with Bluewalker 1...
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other...
a game changer that digitize your hard assets into with an ORGANIC price action
that gets everyone on board before the next lift off
Driver: user friendly to Devs from other space and Venture Capitalist piling up placements
Today, the cryptocurrency market is undergoing very good times: Bitcoin 60k, Altseason, for 4 months already many projects have been updating their historical highs, the popularity of DeFi , NFT , as well as now the IDO boom, as there were an ICO and IEO at the time.
What is the difference between IDO, ICO, and IEO?
IEO and IDO in general are the same, except...
VIAC (ViacomCBS, Inc.) appears to have a repeating pattern: Multiple times upon reaching it's all time high,
it has fallen back below the 61.8% fibonacci (Golden Pocket) level on the rising fibonacci channel.
Even more strange, it has done so within 212 days twice already.
A potential long-term short opportunity presents itself from the March/April 2021 time...