High Performance Blockchain is an old and forgotten coin from 2017. 99% of the community has already capitulated. Nonetheless, the project surprisingly actually lives up to its name.
With extremely low fees (as low as $0.000000001 per transaction), an extremely high number of TPS, NFTs being minted almost for free, DEXs being built on the blockchain and the...
This is an interesting chart in that my previous chart for HPB spoke about a breakout from the symmetrical triangle with a measured move to 3100. That's exactly what happened a few days later.
Now we have the same support line as before but a second symmetrical triangle with a measured move to around the 4500 Sat level.
I have posted a chart for shorter time frames. All targets have been hit in a day with what we call a HUGE burst of uptrend.
This is a clear bullish trend reversal signal, as EMA's are crossing for the very first time on the daily chart, and we are now officially in a BULL mode.
Bull markets are different to trade than bear markets.
In a bear market:
- You take...
HPB is moving nicely from the breakout and moving toward the 3100 level.
What happens when it reaches 3100?
I expect it will get a slight pullback from there before bursting through the 3100 level and it's clear skies all the way to 13000 satoshi from there, which is a 500% increase from todays price.
I am putting a conservative timeframe for this to happen...
