SUKU: a promising project and chart.Suku is on of the 100 blockchain start ups listed on forbes. It's currently very low in capitalization and this give us a good long opportunity!
The cap is currently 40$M, this means that at 6.30$ the cap would be around 600$M. I think this is higly achievable for a project of this kind.
Suku is a service kind of project, this means they let companies use their network to give customers a new way of approach to the world of services. This goes from supply chain, interoperability to DeFi.
It's also a project in partnership with hedera hashgraph and suku network will be integrated in hedera network, this will make suku safer, scalable and fast than ever, making it one of the best project in the crypto world.
This project is a gem and it's very discounted right now.
Technical analysis:
Suku price is following this trendline for long time now, it looks very solid.
If this is the bottom the fibonacci extensions would take it to around 6$ during the next bounce. It's a high target but it's definitely reachable in the medium-term. And remember that low volume preceed expansion!
Here for you, as always, CryptoSoap!
