peaq price declined from an all-time high of $0.75 to $0.25. This 66% declined created an oversold situation, especially considering the fundamentals of the project.
Here are some of the reasons why I'm bullish:
My price target is $0.75 in 3 months, a it should cross $1 before the end of the year. That's a potential 300% return.
Let me know your thoughts!
Here are some of the reasons why I'm bullish:
- The chart looks clearly oversold
- The number of DePIN projects building on peaq continues to grow
- The Silencio network went live on peaq with hundreds of thousands of active users
- peaq will also get listed on additional large exchanges, which is usually good for the price
- More partnerships, projects and AI agents are coming to peaq over the next few months
- Their "Get real" campaign will bring much more users onboard
- Super solid team
My price target is $0.75 in 3 months, a it should cross $1 before the end of the year. That's a potential 300% return.
Let me know your thoughts!
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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.