Technicals:
- Bullish divergence in RSI
- Oscillator has outpaced the price signaling buy pressure building up and getting accumulated heavily here
- Indicators have flipped bullish
Fundamentals:
- Undervalued based on total value locked. It's trading at just 0.25 fully diluted / TVL ratio.
- Lowest market cap on Coinbase (just $120M fully diluted)
I think this is going to burst to at least $400 any day now.
- Bullish divergence in RSI
- Oscillator has outpaced the price signaling buy pressure building up and getting accumulated heavily here
- Indicators have flipped bullish
Fundamentals:
- Undervalued based on total value locked. It's trading at just 0.25 fully diluted / TVL ratio.
- Lowest market cap on Coinbase (just $120M fully diluted)
I think this is going to burst to at least $400 any day now.
Nota
Update: I think we are mere hours away from a blow past $350. The bullish divergence and coil has gotten too strong. And given the low supply, this could be a big single candle incoming.Nota
This is the entry point as all indicators are now a confirmed buy with bullish deviation in the RSI.First target is $330, secondary target is $400.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.