Let's look at very interesting fundamental asset #C98

🔋Coin98 ($C98 ) is a cryptocurrency that is part of a broad decentralized financial platform (DeFi) designed for various blockchain transactions, including cross-chain exchanges, staking, and yield farming. Founded by Thanh Le in 2017, Coin98 aims to simplify users' interactions with various blockchain ecosystems through its multi-functional platform, which includes #Coin98 Wallet, an #exchange , and Space Gate cross-chain exchange bridge.

📖The asset moved in an upward trading channel for a long time, which we subsequently broke through during the mid-April spill. We later began trading between global support at $0.23 and global resistance at $0.32. We are trading in equilibrium and forming an accumulation for further markup of the #asset

📌 In the short-term, I expect the start of an impulsive move and a break of the first global resistance level around $0.32. On LTF, the price has already started to form an ascending trading channel, which is a confirmation for us.

📌In the medium term I expect growth up to 0.4545$ where our local maximum is located. In order to break through this target we need to break through the whole area of increased volume.

📌Globally I expect growth up to $1, which from current values will be a little more than 3X.

#CryptoWatchMay2024