NWCUSDT Metaverse news & fractal can instantly boost it to 0.70!

17 ธ.ค. 2021

This is a short-term update to my no1 crypto gem, the NewsCrypto Coin. My last analysis was a long-term one, this time I focus on the 4H time-frame where the Metaverse news can slingshot it as high as 0.70 before the end of the year.


** Technical analysis **
Let's take a thing at a time. As you see, this is a comparison analysis between today's price action and a sequence from December 2020 to January 2021. The price legs between the two are very similar, the RSI (which is on the 1D time-frame, and is how I spotted this fractal) too and right now NWCUSDT is on leg (4) with the RSI already Double Bottomed. I expect a strong rebound above the 4H MA200 (orange trend-line) to make contact with the 0.618 Fibonacci retracement level around $0.7000 as it happened in early January 2021.


** Fundamental analysis **
The catalyst to this may be the official announcement made by the NWC team, informing the world that they are building their own Metaverse with Enjin on efinityio! So it was confirmed that the rumors I mentioned on my last analysis were true and this is certainly a huge step for Newscrypto. It is reported that the NewsCryptoVerse as they called it on their announcement will include:

- Personalized Virtual Offices
- Digital Classrooms
- Immersive Trading Simulator
- NFT marketplace
and much more!

You can find more on their twitter page and their website!

I can't hide it, I am extremely hyped over this and confident that as the new altseason emerges in 2022, it will take NWC far beyond the 0.7000 short-term target. Don't get left behind!



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