- gertvanlagen
$DOCK, $ARDR, $BAR, $EOS, $BAND - 28th 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
$DOCK - Dock
Nice review: https://www.coinbureau.com/review/dock-coin/. This coin has a very low market cap so the risk is quite high w.r.t. altcoins with a higher market cap. On the other side, if it turns out to be a hit, the upside potential is enormous. DYOR.
Technical targets:
$0.6 1.618 bear market extension; (main)
$2.4 2 bear market extension; (main)
$6.3 2.272 bear market extension; ()
$21 2.414 bear market extension; (main)
Key support to hold: $0.035
Key resistance to break: $0.19 (ATH)
Tip: in the tradingview chart you can press the play button, to see how price evolved after this analysis was made. Also you can zoom in using the price and time bar. The chart is also "toggleable".
$ARDR - Ardor
Technical analysis:
It's not clear whether this token is in the midst of a bull run or not. For years it has struggled to break the heavy resistance between $4.8 and $9.7. Will holding this token for so long finally pay out? If $ARDR manages to flips this key multi-year resistance zone to support it has huge break-out targets to the upside, but I wouldn't bet on that. DYOR.
Technical targets IF resistance is broken quickly:
$13 1.272 extension of bear market; (Possible)
$30 1.414 extension of bear market; (unlikely)
$97 1.618 extension of bear market; (highly unlikely)
Key support to hold: $0.025
Key resistance to break: $0.03-$-0.04
Tip: in the tradingview chart you can press the play button, to see how price evolved after this analysis was made. Also you can zoom in using the price and time bar. The chart is also "toggleable".
$BAR - Titanium Blockchain
Titanium Blockchain was founded in 2017, it is not trading on any exchanges. Titanium Blockchain was added to the dead coins list due to Abandoned or No Volume. Founder/CEO is Michael Stollaire.
$EOS - EOS
It's not clear whether this token is in the midst of a bull run or not. For years it has struggled to break the heavy resistance between $4.8 and $9.7. Will holding this token for so long finally pay out? If $EOS manages to flips this key multi-year resistance zone to support it has huge break-out targets to the upside. A drawback is that the project has not a maximum supply, but usually there are mechanisms implemented that keep a protocol from just minting away. This is something you need to know exactly before considering investing. DYOR.
Technical targets If $EOS manages to flip resistance quickly:
$73 1.272 extension of bear market;
$130 1.414 extension of bear market;
$300 1.618 extension of bear market;
Key support to hold: Lower yellow trend line
Key resistance to break: $9.7
Tip: in the tradingview chart you can press the play button, to see how price evolved after this analysis was made. Also you can zoom in using the price and time bar. The chart is also "toggleable".
$BAND - Band Protocol
Great coverage: link
Tokenomics:
A big part of the total supply has not been released yet. The release schedule below shows that the supply over the remaining of this year will remain constant until December, see link. This means that the issuance of fresh $BAND's won't disturb price action too much for the remainder of this year.
Technical targets:
$60 1.618 extension of 3-4 correction;
~$110 2 extension of 3-4 correction and 2.618 extension of bear market;
~$300 2.618 ext. of 3-4 correction, 3 ext of bear market and ext. of green channel EOY;
Key support to hold: lower green trend line
Key resistance to break: $11-$15, ATH
Tip: in the tradingview chart you can press the play button, to see how price evolved after this analysis was made. Also you can zoom in using the price and time bar. The chart is also "toggleable".
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