Following from my previous charts comparing $EOS with $ETH birth fractals. I have now updated the chart with potential price targets IF we see the same % gains.
This would require a huge injection of capital into EOS and the crypto marketcap as a whole. Please take this analysis with a pinch of salt. EOS market cap along would have to be $300 billion+ in June to make this a reality.
This would require a huge injection of capital into EOS and the crypto marketcap as a whole. Please take this analysis with a pinch of salt. EOS market cap along would have to be $300 billion+ in June to make this a reality.
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This fractal is now running at a greater speed than 2.2x. I didn't expect a significant breakout until the yellow vertical line on April 30th. At this rate, EOS could be heading for the second target around June 3rd (the date of the main net launch). Overall crypto marketcap would also need to move in similar waves, unless a significant amount of capital is re-positioned into EOS from other cryptos.
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Update on how this fractal looks following from the recent EOS correction. So far we have respected the 0.382, but I do have a buy target slightly lower at the 0.5 should that fail. Overall, if we are to continue, we should see some violent upward thrusts shortly.
