$JASMY
Replying to a fellow coin enthusiast Average price of 0.034. Looking forward to 0.1
An old coin from Japan. Very fierce in the first half of the year. Or we could say today is quite strong; I've also traded it a few times on short positions.
Two aspects:
1. Technically, 2. In terms of circulation.
Technically: As shown in the chart, the buy price given by the trend indicator is 0.025 on November 28. The recent signals are currently suppressed by the white lifeline and double suppressed by blue; if it wants to rise, it needs to see increased trading volume in the coming days to break through. It will take some time. But it's clear that the oscillation filter shows that this indeed belongs to a bullish market in the short term. It is a coin that needs to be closely watched.
In terms of circulation:
Rarely almost fully circulated, on the same level as BTC, which is also the reason it is favored by many in the market. The economic model has no issues at all. Price fluctuations are determined by the market, aside from some large whale holdings; there's nothing wrong in this area.
The market cap is not very large, currently at 1.72 billion. Calculated with the leading coin of this round, XRP. There is nearly a 30 times difference. If you want to become a leading coin this round, there is indeed great hope; the current coin price is very low, to put it nicely, it is severely undervalued. It is a very rare coin that I can see as severely undervalued. The future is promising.
If we talk about where it might go, take the current price of 0.0345 and multiply it by 5 to 10 times. Beyond that, it might need to become a leader. I say this if a bull market really occurs; then it could see such increases. If you are optimistic, just wait for the trend indicator to send monitoring buy signals.
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What coins do you all have? Remember to leave a comment on my article in the square, please mention your holding price, whether it's a contract or spot. Every time I do research on a coin, it takes 1-2 hours. I will see your comment and reply to the post within half a day. Please remember to check. Everyone's coin will get a reply. If there are issues with this coin, I will speak about it more subtly. After all, there are many project parties watching in the square.
