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Phala are already live on KSM. Currently the primary privacy project in the DOT / KSM ecosystem and could be one of the main crosschain cloud compute platforms in the future. Chart also looks bullish. Massive consolidation triangle on the daily, and the RSI has broken resistance. Some bullish news could be on the horizon as well regarding partnerships.
Phala is one of the more commonly cited projects with a shot at parachain status on Polkadot. Technicals look bullish at the moment as we have completed a 5 wave move up as well as what looks like a running flat correction. I'm never sure how to deal with those first day pumps in terms of wave count, so we have completed 1 or 3 of 5. Anyone with thoughts on...
Great sideways movement since it got added on Binance. Lots of chop in the same area and it looks like re-accumulation to me. The trend is very clear and still up and I like how it is essentially back to where it had started trading on Huobi. Usually these turn into massive moves to the upside ones this range is resolved. Very bullish