LYXE Bullish Bollinger Bands $LYXE

Bollinger bands on LYXE were the tightest they've ever been on July 4th. RSI is showing strength, Stoch RSI has upward momentum, and after a retrace and period of consolidation, I think it's ready to explode upwards. On high time frame, weekly chart, I see Elliot Wave theory playing out. We are currently beginning wave 5. All technicals fail if there is a weekly close below the yellow dotted diagonal trend line. To the upside, there is heavy resistance at 0.005, but long term I see it reaching 0.02 and beyond.

Fundamentals with Lukso are strong. Possible mainnet launch in August 2021, which hopefully coincides with bullish momentum for Bitcoin. This project is a hidden gem, led by the author of the ERC-20 and ERC-725 protocols, Fabian Vogelsteller. Lukso is the infrastructure for future NFT projects.