RFOX Bullish Outlook
Updated
UNISWAP:RFOXWETH_421429.USD is my main pick for spatial computing narrative. RFOX is a lowcap crypto token with 17M market cap. RFOX max supply is 2B with 65% of it is in circulation according to CMC. Their mission is to empower everyone to play, create and earn in a metaverse without borders. They aim to be the global leader in immersive technology focused on retail, entertainment, rewards and community experiences.
Now from technical analysis perspective. There is a Three Hills & a mountain pattern in the daily chart, a bullish pattern. AB=CD in the chart means the range between A to B is the same for C to D. RFOX is currently in the golden pocket, perfect opportunity to buy.
The first target is $0.02341. I personally think it will go higher and i am playing for long term too.
Now from technical analysis perspective. There is a Three Hills & a mountain pattern in the daily chart, a bullish pattern. AB=CD in the chart means the range between A to B is the same for C to D. RFOX is currently in the golden pocket, perfect opportunity to buy.
The first target is $0.02341. I personally think it will go higher and i am playing for long term too.
Note
Update on the Outlook.1. Golden Pocket Range: 0.01284-0.01176
2. TP: 0.02507
3. Bullish Divergence in Daily Chart.
Trade closed manually
RFOX migrating.
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