On EOS, we’ve broken back down into this range that we resided in from July 2020 till Apr 2021. I’m not sure where we’ll go from here as this range has strong boundaries (check my screenshot above to see all the circled rejections on both sides). $3.90 and $2.20 are the price-points to watch. Otherwise, you can play the range and buy the bottom / sell the top until we break out again.
Summary:
So, Total MC & BTC not looking too hot while ETH and some alts could see a rally soon. ETH could lead the charge if this flag breaks long, alts to follow or run in parallel, then BTC would be the last to pump before cycle-end. Not sure if this is how it’ll play out, but that’s what it’s looking like right now. I don’t expect much movement except sideways over the holiday due to low liquidity.
Thanks for your readership, and have a lovely Christmas! Sorry for a shorter episode - writing this from my laptop on the go, and also working on my year-end Special for you all simultaneously!
Cheers,
CC
Disclaimer:
Cryton Capital is not a registered investment advisor, legal advisor, tax advisor, or broker/dealer. All investment / financial opinions expressed in any-and-all posts on this page, including screenshots & captions, are from the personal research and experience of the owner, and are intended to be interpreted as educational material only. Although best efforts are made to ensure that all financial charts and commentary are as up-to-date as possible, there may be times where price moves beyond key levels before the chart can be posted. Alas, this is part of the fast-paced financial sector and cannot be avoided. Also, occasionally unintended errors and/or misprints may occur.
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