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PRQUSD trade ideas

PRQ Opens Wings and Lays REACT Egg for 2025COINBASE:PRQUSDC has been middling at best through out the year, but has seen steady growth which has recently picked up at a noticeable pace. Here we can see the Bird Opening Wings chart pattern which indicates some near term gains and potential positive growth into 2025. The Parsiq team is in the process of transitioning to their new platform called Reactive Network (token: REACT). From their accouncement: Thank You for Being Part of PARSIQ’s Journey! Over the years, PARSIQ has provided Web3 developers with user-friendly development tools. As the Web3 ecosystem evolves, so does our mission, and we’ve channeled our efforts into creating something powerful: Reactive Network Reactive Network is at the forefront of blockchain evolution, offering a fully EVM-compatible execution layer that empowers developers to build the next wave of decentralized applications. Unlike traditional smart contracts, Reactive Smart Contracts leverage Inversion-of-Control to autonomously react to on-chain events, driving seamless interactions across multiple blockchains without user intervention. We understand the importance of a fair and transparent token migration process. Therefore, we are pleased to confirm that the swap from PRQ to REACT will be on a 1:1 token basis. There will be no lockups for existing PRQ holders, — just a straightforward transition, fair for holders and the community. parsiq.net reactive.network We are not seeing the new token on DEXes yet, and PRQ is still trading at the moment, but could stop trading soon (timeline still unknown) as the project swaps out existing tokens for REACT! It will be exciting to see how the new Reactive Network continues to grow next year. Remember Habibi, the desert tests your will, not your strength.
COINBASE:PRQUSD
by CoinrabiaDeFi
"PRQ/USD chart shows characteristics of a cup and handle patternThe PRQ/USD chart showcases an interesting development with elements resembling a cup and handle pattern. While not definitive, we can observe a rounded "cup" formation, a downward handle, and a potential breakout point. Based on technical analysis, the target could be $0.38. However, remember that PRQ/USD is a low-cap gem with inherent risks and high volatility. This is not financial advice, and other factors like fundamentals and market conditions are crucial. What are your thoughts on this potential pattern and its implications? Remember, always do your own research and consult a financial advisor before investing.
COINBASE:PRQUSDLong
by ParabolicP
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