Band Protocol has been very volatile the past months and hasn't made any upward moves in general. In the bigger picture this has been a consolidation phase.
When things get frustrating, a reversal signal is nearby. Indicators also don't lie.
This is the time to start dollar cost averaging and riding a huge run during the months to come.
When things get frustrating, a reversal signal is nearby. Indicators also don't lie.
This is the time to start dollar cost averaging and riding a huge run during the months to come.
Comment:
6.4 dollar zone has held so far.
While Bitcoin dominance is increasing and alts are bleeding, the outlook is pretty bearish.
I have been averaging in the 6-8 price zone and and have been taking some risk off the table above 9.5 dollar.
If Band Protocol closes below the 6.4 dollar zone, I will drop my position significantly.