utrust could reach a 1.618 fib target with favorable market conditions
$30 would put the market cap at $15 billion which is less than half the current dogecoin mcap
could be many months for this scenario to play out
not financial advice
With this analysis I applied:
1) ELLIOT WAVES
2) Fibonacci trendline extension
3) Lengthening theory
Why am I sure UTK is going to go up (together with other strong tokens)? For the following 4 reasons:
1) Stock RSI: Bollinger band indicator on the weekly flashed green.
2) Support/Resistance: UTK touched the current support multiple times during the past 3-4...
🌟What is UTK used for🌟?
UTK Token is the utility token for Utrust. It is an ERC-20 token on Ethereum.
Utrust (UTK) is a blockchain-based platform that combines elements from traditional payment systems with the advantages offered by cryptocurrencies. The platform allows users to purchase goods, digitally or physically, with their favorite encryption or tokens...
We could see a break above ATH on this soon.
Utrust price today is $0.234700 USD with a 24-hour trading volume of $7,093,297 USD. Utrust is down 2.01% in the last 24 hours. The current CoinMarketCap ranking is #123, with a market cap of $105,615,090 USD. It has a circulating supply of 450,000,000 UTK coins and a max. supply of 500,000,000 UTK...