CryptoHunt

NPXS/ETH - Cup and Handle - Obvious Moon

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BINANCE:NPXSETH   None
Hello People;

Graphic seems totally fit for moon if I don’t count the small divergence with RSI which occurred couple days ago. Cup and handle formation is pretty obvious, last 13 candlestick closed above EMA 100, which became great support for price. RSI is increasing since NPXS had introduced which didn’t effect the price yet. Potential energy is being gathered, which is going to turn to absolute kinetic energy.

Of course there are more reasons to expect moon, not just technical analysis;

- Effect of Agreement with United Arab Emirates hasn't
occurred on price yet.

- Effect of amazing blockchain based mobile phone
technology (which is presented 10 days ago - function (x)
) hasn't occurred on price as well.

- Rumors about being listed in UPBIT also sounds more
than just rumors.

- Binance has 28 billion NPXS token in its wallet now and
they were accumulating for a long time :)
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