Long
PNG's decline is over and its time to rise
There is a bowl formation. There is a falling wedge formation and if it can be broken, a good bull season can be experienced. The RSI is showing positive divergence supporting the positive view. Since the market cap is at 3-4 M level, it has the potential to easily make 50x or 100x with some money inflow. Listing on an exchange like Binance could trigger a big pump.
Note
By the new team and the new UI, the upward movement will gain momentum.Note
It rose much faster and stronger than I expected. But I'm not bothered by this situation :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.