Bancor Retrace incoming.
Based on the previous highs and support level. It seems we have reached wave 5 of the uptrend on BNT. After wave 5 there is a consolidation period shown in A, B, C. Good entry around $5.20 or lower if possible. After this, we would get back up to the 1.61 Fib level target marked as so. Do your own research. There is still a lot of upward movement on this considering the Moving Average. Consolidation is good to start our next wave up to $6.50.
If you look at the market cap on Uniswap or Sushiswap this is right in line to trend to hit $21. If you at look at the market cap on BNT: it is 666. million Uniswaps Market cap is 3.5 billion currently. Bancor should be able to reach this market cap. BNT's all-time high is $10 and should reach this level in the next week or two.
Not financial advice. Invests at your own risk. Do your own research and patience.
If you look at the market cap on Uniswap or Sushiswap this is right in line to trend to hit $21. If you at look at the market cap on BNT: it is 666. million Uniswaps Market cap is 3.5 billion currently. Bancor should be able to reach this market cap. BNT's all-time high is $10 and should reach this level in the next week or two.
Not financial advice. Invests at your own risk. Do your own research and patience.
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