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API3 / TetherUS

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API3USDT trade ideas

API3USDT IN THE DECISIVE ZONEAPI3USDT has shown volatile movements for a couple of days. Now it seems that the price is around the top area of falling wedge and trying breakout while moving in the parallel channel. Parabolic SAR points for the 4H / 8H resistance have also been broken(12H point for now is around $8.17). Seeing that BTC price movement may not be ferocious for a while and Stochastic RSI point is not so bad for the price going higher, API3 shows a high potential for a huge breakout in the next few hours.
Long
by AndyHyun
API3 - An EASY 2X? API3 price is resting slightly above support at the bottom of a multi-month consolidation channel. But this isn't purely a TA play...API3 will be launching a new product (Amberdata Beacons) at ETHdenver...which will have over 3,000 devs... and is only 2 weeks or so away! As one of the only credible competitors to Chainlink, and with meaningful partnership and integration with Boba Network, this seems to be both a solid short term trading opportunity and long term investment. Am I wrong or right? Why? Add some more info in the comments.
by WealthHunters
The Web3 API Economy (API3/USDT) Analysis 📈📉Hello Crypto community Welcome to this introduction for another high potential crypto project.🚀💰 🔹Rank #192 ,/ kind : ETH TOKEN / Market Cap:$209,697,968 ===> SO SO ✅ Total Supply: 110,978,134 /// Circulating Supply: 36,907,810.00 API3 (~ 34 %) ====> SO SO ✅ Holders Statistics: Top 10 Holders==> 87.6% //Top 20 Holders 91.57% ===> risky ❌📛 🔰What Is API3 (API3)? Smart contracts often struggle to access dependable data, but application programming interfaces (APIs) have been touted as a solution to this problem. API3’s stated goal is to allow decentralized versions of APIs to be built, managed and monetized at scales. As blockchain technology plays an ever bigger role in the economy — from decentralized finance to supply chain management — the team behind this project says it has never been more important for smart contracts to provide “timely, reliable real-world data.” coinmarketcap-api3.org ------------------------------------------------------------------------ 📈📉 TECHNICAL As you can see on the dailyI timeframe for API3/USDT , It is trading about $5.7 right now. Since 7 April 2021 ,after recording a new ATH (10.5 $) , it has been declining and was compressing in symmetrical tringle. and recently it has been successful to breakout this triangle and , have weekly close above it ,although it faced to local resistance and decreased again ,which I consider it as pullback on descending trendline or support zone right now , that can start to rise again in the next days or next week .but take it in mind, if it go down below the green support area , in this case it can fall again even to lower support area . 🛑resistance level: $7 /$8-$8.4 ❇️support levels: $4.56-$5/ $3.3 /$2.13 -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
by PRO_SMART_Trader
API3/USD - Price BACK on Support. BUY opportunity??? 😁API3 FULLY retraced from the most recent PUMP. Now price is approaching the key support / breakout point. Should you buy or should you wait? Instinct tells me that a full retrace is BEARISH. So there is quite a bit of risk to BUY here... I'd give this chart a bit more time, say a few days. Then re-consider. If you like risky plays, then you can enter with a stop under the support level. But you may get hunted... Bias is NEUTRAL on this chart. Can go either way from here. Be careful. Check my last API3 idea as well. 👇 Like and follow if you liked this analysis.
by DU09