The time to buy is when there's blood in the streets.
After the hack of the Feb 13, ALPHA lost 45% of its value.
Analysis :
- Triple bottom on the support
- We can break the first resistance
- Second resistance : 2.0 $
- Target 3.5$ - 3.7$ : 135%
Alpha Finance Lab is a cross-chain DeFi platform that looks to bring alpha to users across a variety of different blockchains, including Binance Smart Chain (BSC) and Ethereum.
The platform aims to produce an ecosystem of DeFi products that address unmet needs in the industry while remaining simple to use and access. The first product built by Alpha Finance Lab is Alpha Lending, a decentralized lending protocol with algorithmically-adjusted interest rates.
Leveraged yield-farming platform Alpha Homora was the second product launched by the platform, whereas AlphaX — a non-orderbook perpetual swap product — is scheduled to launch in 2021.