We are starting to see perpetual protocol put in bullish market structure on the daily chart.
This also lines up with the channel that is currently sitting on the support.
While I do think we could go down a little bit against bitcoin and Ethereum, we are getting very close to a major breakout they could see perpetual protocol go up over 100% in a very short period of time.
They are getting ready to launch version 2 in the next two months and when that happens I believe this project will see a lot of upside.
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