FUNDAMENTALS:
If you have done your research, it will already be clear that the Orchid Network is a great project. Here are just a few reasons why:
TECHNICALS:
Bullish flag pattern/ descending wedge. Most people here will have already identified this, however, I am using Fib Retracement to speculate on where the next pump will end (roughly 400% from here- sounds like a lot but the market cap is only 17.3 million GBP).
If you have done your research, it will already be clear that the Orchid Network is a great project. Here are just a few reasons why:
- Full release of Android, iOS, Windows and Mac apps recently. The application has been in beta testing over the past months but is now live.
- OpenVPN and WireGuard, VPN network providers have partnered with Orchid. This will increase user connectivity speeds and allow for network scalability. I use the VPN regularly with little to no issues.
- One may stake OXT tokens to become a bandwidth provider- this means that one is able to earn OXT through fees from selling their bandwidth to network users. Setup is currently the barrier to entry as it must be built from source code provided on Github. This is due to change soon! Orchid Network are developing an easy to use platform which can facilitate this.
TECHNICALS:
Bullish flag pattern/ descending wedge. Most people here will have already identified this, however, I am using Fib Retracement to speculate on where the next pump will end (roughly 400% from here- sounds like a lot but the market cap is only 17.3 million GBP).