It broke the 8$ resistance lets see if we can flip it into support.
Also there is a mini cup and h with the price target of 10$
This is not finical advice but imo looks like we might see so great action soon.
Going to long Oraichain, the altcoin retested the support at $25, hence forming a pattern slightly similar to inverted head and shoulders.
There is a possibility that it will drop to 25 before another uptrend though.
Do not trade with high leverage and risk your money.
Best of luck!
Very curious vessel pattern for ORAICHAIN, which is the first blockchain claiming to be able to utilize AI and Machine learning application for blockchain apps and data processing from other data sources. The project seems a bit too ambitious for the team, but it may pump nicely on this bullmarket pushed by Asian countries.
The boat looks bullish. First target...
On Feb 24 when ORAI Mainnet was launched, ORAI reached a high of $95 on KuCoin. Since then it's been in a downward trend. Now it has reached the end of a wedge and I believe it's ready to rise again. I don't think it'll take too many more weeks before we see it more than double in price, back in the $80+ range.