Band protocol 65% Gain to new ATH LINK CompetitorSince hitting a new ATH on the 12th February Band Protocol has retraced down 45% and on the 28th March our Swing Call script triggered a strong Buy Signal after the 13 EMA crossed above the 50SMA just above the 23.60% Fibonacci level (23.60% is the cheapest value to enter on a strong continuation pattern after confirmation). We have added this Oracle to our portfolio and up 14% already from Buy Zone 1, be patient, use the buy Zone to Map your Entry, there has been some strong fundamentals for Band so an entry between the 38.20% and 50% Fibonacci level is also a good entry point. We expect a 65% Gain to a New ATH for Band to $23.25 over the next coming weeks. Happy Trading :)
Key Information:
DeFi x CeFi intergration is happening slowly but surely, the value that Defi can unlock is unthinkable right now but so many centralised institutions are now more ready to accept this movement...like Elon mentioned earlier last week 'Don't Defy Defi' 😅
Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Band Protocol enables smart contract applications such as defi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle . Band Protocol is backed by a strong network of stakeholders including Sequoia Capital, one of the top venture capital firms in the world, and the leading cryptocurrency exchange, Binance.
The Band Protocol team has hit the ground running in 2021 with relentless efforts to ramp up towards the launch of BandChain Phase 2 — where the focus will revolve around enterprise and institutional integration to unlock virtually all the data on the open internet for blockchain and decentralized applications to securely utilize.
LINK is proving to be very costly for intergrating data, Band on the other hand has been showing its efficiency. This is going to be a very good year for Band protocol
