Time to break the AnchorWe've pretty much stayed inside a 200% range since the last big bull run. Price is currently trading in the middle of this range and trending upwards.
With this slow grind, we are establishing support on the way up. In other words, we are establishing clear zones for buyers to buy, and shorts to get liquidated from.
From current price of this post, the next large high at 7c is 130% away. That will be a nice move if we get it. And I full expect some sellers to be present at this prior high. With that said, will it be fuel for the fire or a smack down? If we continue to get rotation from bitcoin/eth into alts after each consecutive stair step up move, it might just be fuel for the fire. - Metallica
This is an old school alt coin. Funny to say considering it's only a few years old. But, we've seen it run before, meaning there will be people willing to put money behind it on another run.