Band Protocol - Mainnet launch aheadAnother one interesting altcoin with mainnet launch in 2 weeks. Band Protocol’s public Wenchang Mainnet launch is going live on June 10, 2020.
I think in this case it can affect the price as it did in the case of THETABTC.
I'm waiting until price fluctuations become less and try to buy as low as possible, around 0.00016 BTC would be good (assuming BTC isn't falling to $7k at the same time ofc).
Briefly about Band Protocol: Scalable and decentralized real-time cross-chain oracle connecting smart contracts to external data sources. (sounds like Chainlink tbh)
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Bandprotocol
BAND Vs TetherUS Chart Mapped (333%+ Target)Band Protocol (BAND) Overview
About Band Protocol
Band Protocol offers a decentralized data oracle by making data readily available to be queried on-chain, using delegated proof of stake ("dPoS") to ensure data integrity. It aims to be the go-to data infrastructure layer for Web 3.0 applications by providing decentralized, curated off-chain data to smart contracts through oracles managed by its dPoS consensus mechanism.
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BANDUSDT (Band Protocol) is looking pretty strong with prices trading above all EMAs on high volume.
This altcoin pair can easily continue to grow.
On a drop, the first support is found at EMA10 or $0.4167.
A bounce can happen at this level.
If prices go lower, the next support is marked where you see EMA50 and all the other EMAs ($0.3533 - $0.3212).
Our targets are marked on the chart.
If you zoom out you can find additional targets or check the chart below.
BAND / TetherUS Weekly (W) |
Here we have a strongly bullish chart.
Last week printed the biggest volume bar ever for BANDUSDT.
The TD Sequential is bullish. The MACD and RSI as well.
I've also marked 333% potential profits from current to the 3.618 Fib. extension level.
Thanks a lot for reading.
Namaste.