Lambda / USD Short-term price analysis
Lambda has a neutral short-term bias, with the cryptocurrency testing back towards its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that the LAMB / USD pair is currently on the rise, following a strong upside breakout from the descending price channel.
Technical indicators are...
Lambda / USD Short-term price analysis
Lambda has a bearish short-term bias, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that a large inverted head and shoulders pattern has formed, which would more than double the value of the LAMB / USD pair.
Technical indicators are...
lambda seems to be on a journey here. recently moving from rank 84 on market cap to rank 69.
if it can make it into the top 20 it will be likely be a 1 billion valuation
not trading advice
lambda may be headed to a higher rank among the crypto market
of course these targets change as the entire market gets larger
as this bull market heats up I would expect to see multiple cryptos in the Trillion dollar valuation and many more in the 10-100 billion range.
not trading advice
with a recent rally to .15 and a pullback to .06 area
LAMB seems ready to rock
average daily volume is over 20 million
with a market cap of $40m
its anyones guess how high this can go in a bull run after the .15 high is taken out
