Long

FXC LONG

Updated

FXC has been in a uptrend since March, making consistent higher lows.

This uptrend can be used as a support, similar to other uptrend supports in REN and LINK.

26 sats has been a key support, if the price goes lower than this, the uptrend will be invalidated.

36/37 is a recent resistance flipped to support, let’s see if it can hold.

Targets are 46 then 54 sats, but something tells me there is a lot more to be gained…

Note

Even with the BTC volatility, the 36/37 was able to hold.

With more than half of the circulating supply locked in staking, it leads me to think sellers are not eager to market sell.

Patience will be key in this trade.

Note

Today Coinbase announced that it is potentially listing Flexa.

Remember, Flexa is not listed on any major exchanges, price has not truly been discovered by the market.

If Flexa is on Coinbase's radar, we can also assume Binance is looking into Flexa.

As with all things crypto, timing is everything, and if we are that the cusp of a bull market, Flexa is making the right moves at the right time.

Could Flexa break into the top 30 in terms of market cap?

Note

FXC has exceeded all expectations!!

We have broke through 54 sats, next target is 80!

Keep in mind there are 3 pending events for Flexa:
1. Token upgrade and rebrand to AMP
2. Coinbase listing
3. Binance listing

At this rate, Flexa is following the path of Ocean, everything is being executed at the right time!

Note

80 sats was achieved and now we're at ATH price discovery.

FXC is not even the top 50 of CMC, and with all the events coming up, working product and phenomenal team... we can expect for some more fireworks!

Next target 100 sats!!!

Trade closed: target reached

dmen626

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