VEROX AI - a young promising project and a perfect entry !!VEROX AI is a project that merges proprietary AI technology with DeFi platform.
On their website they state:
"WHEN DEFI MEETS ARTIFICIAL INTELLIGENCE
Verox is the artificial intelligence investment manager for crypto and deFi. We fuse the expertise of select crypto partners with artificial intelligence to achieve above human performance."
After a strong start (15 X) at the start of the year, the price has been correcting until today.
RSI is now deeply oversold and touches the low point at around 32 points for the third time this year.
Despite the price going down the OBV on balance volume, has been holding up steadily (at 2.512k) - which is a sign of strength and a positive divergence.
Historic Volatility is compressing within a funnel that suggests, that volatility will pick up soon (the next 20 days).
I took a small position since this is very speculative (16 million MarketCap) !
Actually I took only less than 5 tokens which could be considered a nice position since max supply is only 47'500 units ;o)
Let's see where that one goes ... If they achieve their extremely ambitious goal this could very well be a 1'000 X or even more !!
By the way. You can stake tokens at 18% APR !
Verox
VRX - WETH$VRX on a very clean bottom support line on the D chart. If this aint a good entry point, then it will never be :) Ofcourse, it can always go down another 90% , but its above this line for long time, tested multiple times. The High of March is roughly @ 5x from current price.
VEROX about to do massive reversal on the Double Bottom pattern!In anticipation of the release of the AI and ML assisted trading bot, personalized adviser and product analyser later this month, as well as the recent partnership with Polygon (Previously MATIC), The Verox DEX which is being developed will have a throughput of 10000 txns/sec at 1/100th of the transaction cost.
^This alongside the clear pattern which has been emerging as predicted, Verox is due to make a massive move real quick. Im talking about 5-10x before the next real correction.
With the direction ETH is going, and Verox due to make a massive move against ETH, It would not be surprising that we see Verox in the 10's of Thousands before long.
If you know whats good for your portfolio invest if you haven't already, because one way or another you're gonna want to use this app.
VEROX:ETHEREUM - Oscillation of MACD indicator and price growth Here i present a theoretical framework for calculating price fluctuation and growth over time by analysing the MACD indicator and the crossover points for price action and moving average.
We can see that VRX:ETH valuation has increased significantly from when we last intersected the mid line. This can indicate that we will see a massive increasing, more so than the previous level as market growth begins to accelerate.
x1 = 0.08
i1 = x +0.358 ETH:VRX ---> +449% ---> 0.438
r1 = i1 -0.206 ETH:VRX ---> -47.52% ---> 0.2307
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Hypothetical price
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i2 = r1 +0.36 ETH:VRX ---> +157.13% ---> 0.584
r2 = i2 -0.206 ETH:VRX ---> -35.28% ---> 0.378
i3 = r2 + 0.36 ETH:VRX ---> +95% ---> 0.735 ETH:VRX
These are simulated statistics for price based on speed and stability of price growth.
Take them with a grain of salt as errors and variance cannot be accounted for without the use of a statistical simulation model.
All things aside, I think verox will go big.
