looking for long term investment coin? here it is.
Fundamentally, Rose blockchain is still undervalued with low market cap at 762 million right now at #87 rank. expecting potential to reach up to 5 billion cap at least which is 7x capital from here.
high expectations?! Avax is currently 20 billion !!
Technically,
- On 1W Time frame it is so clear to recognize the main trend through the parallel channel.
- Rejected to hold on Mid channel support through the last week candle (spike).
- Price trying to hold on EMA 50 but it will be broken down soon.
- we still on a downtrend till we reach the bottom.
- buy later at the bottom of channel under 15 cents.
- sell 1 dollar after that, but need to be patient ( long term holders).