API3/USD - Ascending wedge about to break!API3 is about to complete its movement inside this large wedge that we have painted since early February.
We are likely to continue up before any meaningful resistance is met which currently stands at around $11.5. Will the wedge break up or will we crash down below support?
Bitcoin would indicate we will have some more bearish days ahead (BTC idea below), but API3 has shown tremendous strength to date and today is one of the few coins in green. Thus, best to let price lead the way. For now price should continue up until our resistance.
The indicators also support the bullish case, the only real question is if we break up of this wedge? Time will tell.
Bias remains bullish so long support holds. If that break, we may end up in a long consolidation, depending on broad market conditions.
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API3USDT
API3 - Price Prediction! 40%+ Gains Possible, Maybe 5,458%+Hello Traders,
Here comes Chainlinks competitor! Lock and loaded, this one is showing some major strength and now has confirmed its reversal to the upside.
We passed the 255/200/100 EMA.
We have a bullish pennant that has formed and I expect at any moment here we will break further to the upside.
My target is the recent ATH's (make sure to secure profit along the way though).
Long-term: If API3 can even grab a 3rd of the market cap that Chainlink has, we would be sitting around $4,232,892,577. Times that by the current circulating supply of 13,847,549 (drum roll, please)... Price would be: $300+. Yes, that is right, $300. That would be a 5,458% increase.
Folks this is one to keep an eye on. For number's sake, $500 could turn into a cool $27,290. Not bad and not out of the question.
Good luck!
API 3 - Decentralized APIs for Web 3.0I have been watching for this project for a long time and recommended taking a closer look at when API3's price was near $2 ().
They have a lot of new, important strategic partnerships, product development detailing, a promising company. It is already present at Uniswap, Huobi, Kucoin, Okex, Poloniex, and many other platforms. The next important step is listing at Binance.
Technically, the API has broken through the resistance level and is likely to test it soon.
Best regards, EXCAVO
API3/USD - Buy opportunity! $4 presents an interesting case!API3 has dropped 54% and we went in the golden pocket between Fib 61% and 65%. This is usually a good buy area during a correction and especially in a bull market.
What is more important is that just under we also have an ascending support line. This confirms that this drop has arrived towards its end. Moreover, the yellow parabola also shows we have reached the end of this correction because once broken we shall pump.
For now, there are some good early signs on the 4h indicators that we should move higher. RSI dipped to 20 and now we're back up as we formed a Head and Shoulder reversal pattern.
MACD is a lagging indicator and should turn bullish if we maintain this level and not fall lower. STOCH RSI is already bullish. Good.
An entry here presents some risks, but overall I think it is worth it and a 50% discount on API3 is nothing to fuss about. We will rarely get such a discounted price in this bull market.
Also keep a close eye on BTC and ETH (below my ideas). BTC may correct further, but for ETH I think we should be done. To be seen. Tomorrow will give us a better indication of price direction.
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API3 - one of the most beautiful charts right nowAPI3 is on a solid run right now like alot of alts, but what differentiates it is how clean the chart is.
It had a breakout from an accumulation pennant and hit 4.80 target perfectly, followed by some consolidation in an ascending triangle, a break out of that triangle and a retest of the breakout level.
There is solid divergence suggesting another potential rip on the horizon within the next week or two - I'd wager a swipe at $8.75.
API3/USD - Buy opportunity incoming - $3API3 has done a fantastic rally, however now we are in a corrective move towards $3. We have some support at $4.5, however I do not expect this to hold.
Therefore we may get a nice change to re-load at 3$ or just above previous ATH.
Daily indicators are looking bearish and we just had a negative cross on MACD. Daily RSI also formed an inverted head an shoulder and is falling. We have a long way down, let's see how low we fall, would be surprised to go under $3 though as API3 has been a very strong performer so buy interest should remain high.
Until then a possible path is on the chart. Ideal buy area is between $3.5 and $3. Buy orders in that zone should have a good chance to fill once we fall under $4.
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API3/USD - Massive breakout, now consolidating for next pushAPI3 looks extremely bullish after a 183% run in a week!
We are now in a descending triangle, but the indicators are keen to curve up and go higher! We have a resistance at $4.6 which may keep us down for a while, but I expect us to exceed this level in the future.
If we are to correct further down, then $3 is a good support level, as it is previous resistance turned support. You can also explore buy opportunities in this area for longs.
I don't see us going lower than $3 unless the whole market tanks, which is unlikely.
Keep a close eye on this coin as it can provide excellent returns.
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API3/USD - One last buy opportunity before breakoutAPI3 is likely to give us another chance to re-load / buy at around $1.8. After that I expect us to break out of this descending triangle with a nice target at $2.5 minimum.
API3 has been compared to Link and has had quite a successful launch considering it's price dynamics. The initial price offering started at 0.3 cents and API3 managed to maintain a price over $1.5 which is impressive.
Overall a good coin to pay attention to.
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API3
Rank #303
No listing in Binance yet
When there will be a listing on binance the price is several times higher like RSR last time
Partners
Alliance Block, Matic, Kleros, Curve Grid, Streamer, Curve Labs, Emurgo
SOSV, Pantera,DLab, Chain API, Placeholder, PrimeDAO, Accomplice
Digital Currency Group, CoinFund, Hashed, Rarestone Capital, Equilibrium, Block0, BlockGroup, Solidity Ventures
Best regards EXCAVO