A large surge in volume took place yesterday showing there are buyers waiting to get in at a low price. This occurred in the domain of where the last impulse's correction ended, providing a confirmation of the support zone. The Bollinger Bands haven't contracted since the price explosion in February. Narrowing bands are a sign that there is lowering volatility, and can indicate upcoming high volatility in the form of a breakout. The price residing in the lower half of the bands indicates that this asset is oversold, and is a sign of a good entry point. Both MACD and Stoch RSI look in position for some gains.
All of these lead me to believe we are approaching the next breakout. The length of the impulse preceding a descending channel like the one here is a rough estimate for how high the next impulse can go. This is shown with the dotted white lines.
Price prediction is between 21 and 29 cents by the end of the month. Those that are patient will be rewarded with this one.
The Klever team has delivered on their roadmap consistently, with all of their goals being well within reason. Check out the rest of the roadmap for this year:
2021 Q2
Klever Exchange (Mobile)
Klever Browser (Mobile)
2021 Q3
Klever 5
Klever Bank
Klever Blockchain (Testnet)
2021 Q4
Klever Hardware Wallet
Klever Exchange for Desktop
Klever Blockchain 1.0 (Mainnet)
KLV and KFI Swap to Mainnet
Pre-Staking (Validators)
All of these lead me to believe we are approaching the next breakout. The length of the impulse preceding a descending channel like the one here is a rough estimate for how high the next impulse can go. This is shown with the dotted white lines.
Price prediction is between 21 and 29 cents by the end of the month. Those that are patient will be rewarded with this one.
The Klever team has delivered on their roadmap consistently, with all of their goals being well within reason. Check out the rest of the roadmap for this year:
2021 Q2
Klever Exchange (Mobile)
Klever Browser (Mobile)
2021 Q3
Klever 5
Klever Bank
Klever Blockchain (Testnet)
2021 Q4
Klever Hardware Wallet
Klever Exchange for Desktop
Klever Blockchain 1.0 (Mainnet)
KLV and KFI Swap to Mainnet
Pre-Staking (Validators)
تعليق:
The price of KFI has gone from mid $400 to mid $600s in the past few hours. Time for a pump?
تعليق:
Should see more movement within the next 10 days, with about 5 or 6 days until the earliest point with high potential to move. The Bollinger Bands are continuing to contract on multiple time frames. If we fall below the rising support we will hit bottom again around 0.068 to 0.075, and recovery there would prolong the big breakout until the end of the month.
Hoping a BTC breakout past 60-61k will push this over the edge and take us to the next ATH. Good luck everyone!
Should see more movement within the next 10 days, with about 5 or 6 days until the earliest point with high potential to move. The Bollinger Bands are continuing to contract on multiple time frames. If we fall below the rising support we will hit bottom again around 0.068 to 0.075, and recovery there would prolong the big breakout until the end of the month.
Hoping a BTC breakout past 60-61k will push this over the edge and take us to the next ATH. Good luck everyone!
تعليق:
Just a heads up that BTC is above 60k. If we see a push to a new ATH, I suspect that most alts will go up with it as has been the case before this last alt dip. Good luck everyone.
