Long
Weth alcx sushiswap chart
This is my second attempt to predict alcx's move. The first time I said 180 was the bottom and 1800 was the target because there was a bear trap at 1800$. Alcx rallied at that time and went up to 420$ and crashed again. This time, Im saying Alcx has the potential to do 28x rally. I see the trend lines on both the ALCX USD & alcx/WETH pairs reaching to about that level. The 2800$ might not be the precise number. It could be higher or a little bit lower. That depends on how the trading will go if that to happen. There's a bearish divergence on the daily RSI & obv for weth which favors alcx but the MACD is not bearish. I checked the trendiness myself at first but then I applied the free trend line indicator to see if the AI detects the same trendiness and surprisingly it does. I like the directional movement index indicator too, which to an extent, looks like vortex indicator or you could think of it as a sling shot and it also favors ALCX. As to when this could happen. I'm estimating that it could be any day from now till mid April. Also, its worth mentioning, If this is to happen, it won't really affect the price of ethereum that much. Alcx is tiny compared to eth and I'm bullish on both. I hold a small position & I'm not affiliated with project. Not a financial advice!
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