$DGB, $SXP, $ONE, $RLC, $KAWA - 22nd draw October challenge

The higher a target, the more likely a lower target will be the cycle top. Highest targets are deemed possible when the total market capitalization grows to 10T EOY '21.

--> link to challenge dashboard

$DGB - DigiByte

This token has been around since 2014, has sustained multiple bear markets and has made a new ATH this year. On the shortterm this price needs to hold the $0.05 price level and break the ATH once again. When this happens the following targets might be on the horizon for DigiByte.

Elliott wave targets:

• $0.5 1.272 extension of 3-4 correction wave (likely);

• $0.9 1.414 extension of 3-4 correction wave (less likely);

• $2.3 1.618 extension of 3-4 correction wave (unlikely);

Key support to hold: $0.025

Key resistance to break: $0.14

Tip: in the tradingview chart you can press the play button, to see how price evolved after this analysis was made.

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$SXP - Swipe

This token is on the verge of a break-out to likely the upside. Nice coverage: link

Main Elliott wave target is $45:

• 2 extension of I-II correction;

• extension of the channel through 0-1-2

Key support to hold: lower green trendline at $2.3

Key resistance to break: $2.3-$3.2

(lower targets like $20 and $12.5 can be read off the chart directly)

When the main target is met, I expect price to retrace to the lower side of the channel but remain above $5.2: III-IV > I

Tip: in the tradingview chart you can press the play button, to see how price evolved after this analysis was made.

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$ONE - Harmony

This project is clearly in a huge bull run and might continue explosively.

Elliott wave analysis:

Main target is $7 :

• 2.618 extension of the bear market (ABC);

• 3.414 extension of the 3-4 correction;

• Projection of green raising channel through 0-1-2-3-4 to end of this year.

(lower targets like $3.9 and $2.2 can be read off the chart directly, $0.9 is a strong target as well where I expect price to consolidate for a while.)

Key support to hold: lower green trend line

Key resistance to break: None

Tip: in the tradingview chart you can press the play button, to see how price evolved after this analysis was made.

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$RLC - iExec RLC

This project is clearly in a huge bull run and might continue explosively.

Elliott wave analysis:

Main target is ~$55 :

• 1.272 extension of the 2018 bear market;

• 3.272 extension of the 1-2 correction;

• 1.618 extension of the 3-4 correction;

• Projection of green raising channel through 1-2-3-4 to end of this year.

(lower targets like ~$30 and ~$17 can be read off the chart directly)

Key support to hold: lower green trend line

Key resistance to break: $8-$11

Tip: in the tradingview chart you can press the play button, to see how price evolved after this analysis was made.

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$KAWA - Kawakami Inu

It's clear this is a memecoin engineered to target simple minds who are prone to invest in projects with the lowest price per token and hope for it to reach $1. Don't be a fool, #sellyourmemecoins and invest in projects that matter and are not harmful to (the image of) the crypto space as a whole.

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DISCLAIMER: The targets that I identify are based on Technical Analysis and are by no means guarantees that these will be met. You can use (intermediate) targets to build your trading strategy to determine which price targets are strong take profit or stop loss levels. Always do your own research and don't blame me for your own trading decisions.