The new kid in the block that caught my attention when Pancake swap allow farming of NFT at earlier time and later seeing apenft has always remain on the high volume chart.
Few things I love about this and see it to be the next multiplier.
1. Ticket symbol is NFT, so whenever "NFT" word is mentioned, people or algro might buy this up to pop the price
2. APENFT starts to partner with well known coins to increase publicity, leverage on the tronz coins and focus on NFT part and work with big brands and artist
3. It is based in Singapore
4. New nft coins at Rank 519 now with a market cap of 67mio at current price. Its peer NFT token CHZ (1b, #Rank 67) , Flow (4b , #rank 45) , CHR (154mio, #rank 332) , Mana (1b, Rank #80).
Looking at peer, it will look to squeeze into top 100 coins in future which would look at 1b market cap which is about 15x from current.
Technical aspect, never buy crypto on its spike as you will always suffer a pullback.
Highest has been 0.000076 with low of 0.0000016.
At current price two months ago has shown a resist to fall with inverse hammer, with the following month full spike up with a pull back on long tail inverse hammer to show bull is still inside.
So long price do not fall below 0.0000018, we should expect the price to go back up to the following TP.
TP1 : 0.000005
TP2 : 0.0000075
TP3 : 0.00001
TP4 : 0.000014/0.000015
TP * : 0.000050
I am in the favour of 0.00001 at the moment from technical aspect.
Long term view I am favour 0.000050
Few things I love about this and see it to be the next multiplier.
1. Ticket symbol is NFT, so whenever "NFT" word is mentioned, people or algro might buy this up to pop the price
2. APENFT starts to partner with well known coins to increase publicity, leverage on the tronz coins and focus on NFT part and work with big brands and artist
3. It is based in Singapore
4. New nft coins at Rank 519 now with a market cap of 67mio at current price. Its peer NFT token CHZ (1b, #Rank 67) , Flow (4b , #rank 45) , CHR (154mio, #rank 332) , Mana (1b, Rank #80).
Looking at peer, it will look to squeeze into top 100 coins in future which would look at 1b market cap which is about 15x from current.
Technical aspect, never buy crypto on its spike as you will always suffer a pullback.
Highest has been 0.000076 with low of 0.0000016.
At current price two months ago has shown a resist to fall with inverse hammer, with the following month full spike up with a pull back on long tail inverse hammer to show bull is still inside.
So long price do not fall below 0.0000018, we should expect the price to go back up to the following TP.
TP1 : 0.000005
TP2 : 0.0000075
TP3 : 0.00001
TP4 : 0.000014/0.000015
TP * : 0.000050
I am in the favour of 0.00001 at the moment from technical aspect.
Long term view I am favour 0.000050
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.