Alephium breakout on weekly pennant

Alephium broke out of the resistance line last month or so, it's been consolidating and forming a new base at the 50 cent mark.

The increase in volume on this recent breakout run adds validation to the bull case. I see an upside breakout here and aiming for a $3 level to be tapped. Long term, this project is goes at a minimum to double digit, circa about $500 million to $1 billion in market cap. Market cap right now is $39 million at 65 cents. At a $500 million market cap, this places price at $8.33 with current circulating supply of of 59 million coins.

This is a conservative estimate as well, peak bull mania cycle this thing goes to $5 billion dollars easily ($83 per ALPH coin).

Don't miss it, alot of KASPA money and OGs have rotated into ALPH.