Mark Zuckerberg set a before and after for the Metaverse and the race just started. Some of the most resonated names are Decentraland and Sanbox, but what about NetVRk? This project has strong support from sponsors, a great development plan, and great tools to make the Metaverse easy for every user. From an analytical POV, the first motive 3 waves pattern is completed with a high at 6.33, followed by another 3 wave correction ending within the high probability area to connect both sequences. In our blog, you can find more about how the fractal behaves and is built, but to summarize, this is increasing the chances of a continuation to the upside to complete a higher degree wave. The break of the level at 5.50 gives dominance to the bulls and the cryptocurrency can reach in a first instance the level between 8.02 to 9.90. The indicators FDI and ATR are supporting this view, where the fractal dimension is in the antipersistence zone turning to the trend zone while prices are getting closer to the upper key level at 5.50, and the volatility is decreasing, preparing for the next jump.
Fintbi.com