As you can see in the chart, We are in a parabolic uptrend heading towards the first resistance market by the FIRST RED LINE = Seller WILL SELL and take profits at that level
Expect a pullback to test the support market up by the BLUE LINE = Buyers will buy in hopes or selling at the previous resistance,
If ETHEREUM BLASTS OUT thru the first resistance the...
In what is seems to be a early ALT COIN SEASON, Reserve Rights Token is on its way to higher levels
The previous 140th ranked Coin just solidified its position among the top 100 Crypto currencies of coinmarketcap, now with more exposure we can see the RSR TOKEN get to higher and higher level.
My price prediction for the short term is 0.012 cents before the end of JULY
This Logarithmic Chart will show you a base expectation of the possible move in the following Bull run.
The base prediction for the ALL TIME OF OF THE NEXT BULL RUN IS AROUND 300,000$ due to the Covid-19 inflation that will follow the Covid depression.
Zilliqa, the asian ethereum, in the last 60 days went up a solid 208%, as you can see in the chart that resulted in a small correction on the price because it might have been over bought (shown in the declining RSI) BUT now with the RSI at a low point the asset seem to be ripe for new inventor to buy, the week hand have been shaken and the price is likely to go up.
Using the fibonacci tool you can measure the gains after the explosion and how the market finds a level to bounce off.
You can see that Bitcoin tends to bounce of the 0.6 level, so that is something to look at when we have the 10 k break though, I'll be looking to take profits at 15k and possibly buy at lower levels
Cardano's target to hit at least 13 billion is not out of the realm of possibilities consediring the Bull Run that is coming over the hill, the masses are waiting for Bitcoin to make a big move and kick off the next bull run, when Bitcoin reaches 100k per coin cardano will more than double its previous all time high, My prediction is a all time high of 5$ ADA.
As we know Bitcoin has a habit of finding its footing on the lowest low possible before reaching for is higher high within the next 4 year cycle. Looking at the logarithmic chart we can predict the lows and the highs.