Hello Traders,
Here comes Chainlinks competitor! Lock and loaded, this one is showing some major strength and now has confirmed its reversal to the upside.
We passed the 255/200/100 EMA.
We have a bullish pennant that has formed and I expect at any moment here we will break further to the upside.
My target is the recent ATH's (make sure to secure profit along the way though).
Long-term: If API3 can even grab a 3rd of the market cap that Chainlink has, we would be sitting around $4,232,892,577. Times that by the current circulating supply of 13,847,549 (drum roll, please)... Price would be: $300+. Yes, that is right, $300. That would be a 5,458% increase.
Folks this is one to keep an eye on. For number's sake, $500 could turn into a cool $27,290. Not bad and not out of the question.
Good luck!