ANOTHER TOKEN THAT HELD ITS GROUND!
If you're looking for possible tokens that will dip and gain more discounts, then, you're in the right place.
Here's why.
As we continue to observe the market, we were able to find some tokens that will immensely decline and could provide discounted opportunities. This 1 token that we're talking about would explain the tokens that you might identify for a potential dip. #IO has provided us with a high price surge last June, albeit, it immediately declined after reaching its climax at the price range 6.0-6.4. As the market proceeded with the major selloffs, we were able to identify that the decline would most likely continue. The analysis that we've provided shows this week and as well as last week to be closing below the minor resistance of 3. This signifies that these resistances are now considered to be newly established and would most likely continue to reject the prices.
IO has now retouched the weekly low with buyers' intention of holding this spot. Many are willing to enter and pump this token towards its weekly middle. However, we're also looking at a possible breakdown below the weekly low. In the event it does, we will continue to look for more opportunities downwards.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.