SLR has been below Key Support for a while.
Recently there has been news of the BTC Energy crisis, and mining centralization problems in BTC.
Proof-of-stake coins will benefit, and not only is SLR POS, it is Proof-of-stake (POS) and Proof-of-Generation (POG) for 1MWh = 1SLR.
So, if SLR does break up above the key support (0.00008 BTC) and consolidate, we have a longer term run ahead.
Recently there has been news of the BTC Energy crisis, and mining centralization problems in BTC.
Proof-of-stake coins will benefit, and not only is SLR POS, it is Proof-of-stake (POS) and Proof-of-Generation (POG) for 1MWh = 1SLR.
So, if SLR does break up above the key support (0.00008 BTC) and consolidate, we have a longer term run ahead.
Comment:
Broke up and out of bullish channel, new analysis updated.