NWCUSD $2 target reached. Time for the big bucks now!

2021年5月3日

If you follow me for long, then you know that the coin I've been buying strongly is NWCUSDT. My secret gem hit the $2.00 that I've set on my two most recent posts, as shown below:

The question now for buyers but those who missed the train also is what the next target will be? I've personally set a medium-term target of $5.00 and in the Technical/ Fundamentals Analysis below, I will explain why.


** Technical Analysis **
As you see on the chart, NewsCrypto is replicating the aggressive parabolic move of July - August 2020. The LMACD is close to a Bearish Cross and if it fails, it will be exactly like on August 10. The CCI is also on the same Lower Highs break-out pattern of June - July. What followed after was a full month bullish wave within the 3.5 - 4.00 Fibonacci extension of the Channel Up that started during the consolidation phase (blue cup). If the same pattern is repeated then NWC can easily hit +5.00.


** Fundamental Analysis **
The great news don't stop just on the technicals but are seen on fundamental aspects as well. Here are the main highlights, all of which are on NewsCrypto's twitter page:

- The team has already deployed a testnet version of the DeFi platform and soon everything will be optimized for the mainnet version.
- BithumbGlobal has listed NWC.
- The much anticipated AI Sentiment tool will be released on May 5th! Free for all users! Brace yourself as it predicted XRP's closing price within 2 cents!



** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **

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