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Lyxe

LUKSO $LYX and digital identities, a hidden gem?Chart: This is the old LUKSO chart before they migrated from ETH, current price sits at 9 - 10 $ but due to no history i used the old chart. 16$ area will be important to break and then 24$ in sight with 40$ ATH. LUKSO should easily reach price discovery due to new chart and the reasoning below. WHAT IS LUKSO: LUKSO was initially launched as an ERC-20 project by Fabian Vogelsteller, father of the ERC20 Standard. LUKSO is aiming to be more social and more community oriented. LUSKO focuses on bringing Blockchain to the masses, similar to what AMEX:NEAR aims to do, make it more accesible and useable for all. With even more normies onboarding this cycle especially due to possible ETF approvals, i think the "accesible to all L1" narrative is strong. UNIVERSAL PROFILE - Page 24 WP The big statement LUKSO wants to make is stop storing everything on keys and start storing on your universal profile. A profile that can receive any asset, they all call the same function. Basically embracing the narrative of a Digital identity which is an untapped market to my knowledge. There is a lot to read and more to LUKSO than just their universal digital profiles, its an old project with a mediocre performance last cycle on its old chart at 40$ ATH. Currently around 9-10 $. Yet their team has been building and they are developing a product that stands out. LUKSO was one of those projects that seemed promising but had little to provide, thus stayed in the shadows.
CRYPTO:LYXEUSDLong
by Suneater69
LUKSO - On Balance Volume + The Stair Step#LUKSO #LYX & #LYXE have a small market cap and a history of coiling then spiking 100%'s followed by deep retraces before blasting further to the moon. The most important indicator that ties all the others together is #Volume IMO. So if we use #Volume to gauge #support & #resistance it gives us an X-ray view through the noise. First note the hike up the staircase of support, then look at the OBV doing the same and showing that strength is already to and #ATH but price just hasn't caught up yet. Now we just stack and wait IMO...
Long
by ANobleNerd
LYXEUSD Not a buy yet despite today's rise.The LUKSO Token (LYXEUSD) is having the strongest 1D bullish candle since June 18. However this is not a confirmed buy signal yet, as even though the price hit the bottom (and Higher Lows trend-line) of the 1 year Channel Up pattern, it remains below the 1D MA50 (blue trend-line) since May 20 (more than 2 months) with two clear rejections on it. We will buy only when the price closes a 1D candle above the 1D MA50 and target 14.5000, which represents a +69.78% rise, the minimum bullish wave within this 1 year Channel Up. Until then we will sell as close to the 1D MA50 as possible (so that the risk of a bullish break-out above it is at a minimum) and target the Higher Lows trend-line at 6.0000. We have to mention that the 1D RSI has been on Higher Lows while the price is on Lower Lows (i.e. a Bullish Divergence) similar to the April 01 bottom, thus favoring a bullish break-out. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:LYXEUSD
by TradingShot
1
LYXE (Lukso) Signal 2023: Layer1/Layer2/Layer0 Portfolio Review- Main Net launching 2023 (LYX . . no E since it - Enterprise level NFT focus - Loyal community - Unique niche vision (luxury/high fashion NFT - current market cap 190 million. - competent Dev founder is the creator of ERC20 -Rumors of reducing total supply to 35 Million worth mentioning that for all individual token signals, this early in the bull cycle, I do not really have any targets just ideas. Willing to hold until 2025.
LLong
by SnarkyPuppy
Lukso Lyxe Lyxeusdt scenario's, buy setups and sell setups.Hello everyone, All the buy and sell zones +explanations are in the chart. Longterm I am VERY bullish on Lyxe, but I don't want to ignore BTC+stocks completely. Therefore I am looking for 4 sell zones after our 2 buys at 11-12 & 15.7: -18.2 (done) towards 19,8 -30-32 -50-80 -300-500 (or better) Notice how this plan is super bullish and has longterm idea's. DYOR on Lyxe and you might agree with me. Buy setup: 15.7 (done) 11-12 (done, but if we hit full 18.2-19.8 sell we will rebuy here again) 6 to 9 dollar zone for a bearish BTC dump scenario. IF we would reach this, then this is a longterm hodl with no intention for sells at $18-30. Good luck traders
LLong
by Bitcoinleverage
2
LYXE Bullish Bollinger Bands $LYXEBollinger bands on LYXE were the tightest they've ever been on July 4th. RSI is showing strength, Stoch RSI has upward momentum, and after a retrace and period of consolidation, I think it's ready to explode upwards. On high time frame, weekly chart, I see Elliot Wave theory playing out. We are currently beginning wave 5. All technicals fail if there is a weekly close below the yellow dotted diagonal trend line. To the upside, there is heavy resistance at 0.005, but long term I see it reaching 0.02 and beyond. Fundamentals with Lukso are strong. Possible mainnet launch in August 2021, which hopefully coincides with bullish momentum for Bitcoin. This project is a hidden gem, led by the author of the ERC-20 and ERC-725 protocols, Fabian Vogelsteller. Lukso is the infrastructure for future NFT projects.
LLong
by NineToFiveGuy