Artificial Intelligence, as you are aware, is foundational and groundbreaking. Representatives of this project emphasize the criticality of blockchain decentralization, and this project presents significant opportunities in this field of study. Transitioning to technical analysis, as you can see, the technical analysis depicts a descending corrective impulse...
An in-depth analysis of this project is essential. I'm actively accumulating the coin as numerous factors indicate that we will witness an impulsive wave, targeting historic levels. The project follows the Elliot wave system and is currently in its most active phase. I believe the trend will showcase a significant surge and lead us to the key Fibonacci global level of 0.5.
The coin Songbird (SGB) is undoubtedly near the impulsive Wave C. The dynamics will certainly reveal whether there will be a continuation of the five-wave structure of the ellitot, but at present, we can assert that we are in the midst of the third corrective wave that awaits a breakthrough."
The market indicates an imminent global correction, yet some alt/coins display resilience for continued growth. One I am considering for purchase is Vemp. I believe the 0.2 Fibonacci level, depicted in green on the chart, serves as a local support in this technical analysis. I anticipate witnessing an increase towards the local Fibonacci level of 0.6.
I'm expressing my view on the Bitcoin price. I believe Bitcoin is mimicking the 2019 cycle when we witnessed a collapse on the chart, with Bitcoin dropping from $14,000 to $3,880, triggered by the corona dump. At that point, Bitcoin tested the (0.7) Fibonacci level, followed by a significant price pullback. This time around, I think it aims to test the...
Observing this coin JUST ( XETR:JST ) for a while now, I'm quite fond of its technical structure. We're attempting to break through this global level and establish ourselves above it; all technical indicators suggest it's poised to do so.