The day the Dollar reached R$6.20 and for some "miraculous" reason the Brazilian central bank intervened and dropped it to R$5.67. The sideways cut of a few hours indicates strong manipulation in the market database. Would an investigation be necessary? Perhaps. After all, who provides the data?
Take 1 - R$ 6,50 Take 2 - R$ 8,00 Elliott Fibbonacci Retracement Support and Resistence Other analisis
Elliott, Fibo Retracement, Technical analysis. This is a smaller impulse of a larger wave 1 in the future.
After a monocratic, fascist and dictatorial decision to create 65% more Iotas, the cryptocurrency that is in no way different from traditional Fiat currencies continues its predicted path of decline to the point of no longer being worth anything. They are playing a game of betting now and you can join in the game and lose. 8 years of development on the project...
The crypto market is uncertain. Political decisions can drastically affect the future of cryptocurrencies. The high only depends on IOTA releasing the promises it has made, such as decentralization, IOTA 2.0, the mobile wallet, Shimmer, Assembly, smart contracts and adding extra features such as the existing privacy in projects such as Monero. IOTA lags far...
Will IOTA go up? I believe so! How much time? Maybe in April/22 it can reach 1.20. However, we have February/22 and March/22, where before rising again it may fall to the levels of 0.65 and 0.45. Are you ready for a further 50% drop? The maximum pain? Place your bets, short or long term? Also remembering that IOTA was 4 years at 0.20 without moving. Nothing...