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.
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.
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