pure educational! chart is self explaining.
KNC is one of the most undervalued gem in the world of cryptos! Its always destined to be much higher than this tiny market cap and rate. Now, we have a solid Cup and Handle and I have marked 2 golden lines and these are my targets. This is a definite long term HODL, not much to say here :) PS: might just want to wait for the breakout (close on daily above...
Kyber gain +356% during the last 36 day period and only lost about 15-17% during the severe bleeding of Bitcoin. It is currently drawing a bullish flag and I suspect it may rally after the bleeding is done, to +356% over the next 31 days.
KNC/BTC is completing a cup with fractal. Currently capped at $600M, Kyber is the last project Vitalik Buterin (Ethereum Creator) will oversee; its bound to make strides in the future and hopefully join the top 25 coins group.
Fundamentally, the Kyber Network Project revolves around the formation of a Decentralised Exchange (DEX). For those that aren't aware what this means: (A) I highly recommend doing a bit of research into this topic. (B) I believe 'Decentralised Exchanges' are going to be very successful at creating a "Buzz" in the Crypto Community, considering one of the main...