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Band Protocol

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BANDUSD trade ideas

Bandido 2.12.21 Link JrCan Band hit 60 dollars? Easily. It is very deserving of unicorn status imo and even at those level it would still be an easy buy. If it goes to Chainlink's current level, and i have no doubt it will, that would put Band around 600 dollars. Is that possible? I am going to go out on a limb and say yes. By spring of 22 i believe it could be there. I'm going to go hard on this one and be a moonboy. Band just partnered with Coingecko this week. Look for it to be partnering with others. It is a Sequoia backed and also partnered with Brave New Coin. It also has other strategic partnerships. Actual partnerships. I believe Band could even surpass Chainlink. ONe reason is its based on my facorite network Tendermint. A Cosmos SDK. Its a Proof of Stake system that provides 17 percent rewards. 17 PERCENT. Let that sink in Lookout for these Cosmos SDK projects to compete with Polkadot and Kusama. I am SUPER BULLISH ON Band, Chainlink, Cosmos, DOT and especially one of my newer gems KUSAMA. Yes i like projects that are already established. I'd rather have 15 3x projects and using small amounts of money spread out then try and find those 100x microgems. I'm not greedy and already good. I like consistent gains and coming from equities and metals , crypto 26x is plenty good enough for me. If you arent in Band and have been watching it skyrocket since last year, its time to bite the bullet and join the real Bandidos.
BINANCE:BANDUSDLong
by BrandonrG
7
BAND - Bull Flag Breakout!!So, BAND decided to go into a bullish continuation pattern it seems - and it is sitting above the flag formation in a breakout fashion right now. My measurements on the flagpole give roughly a 50% move - where I do have confluence with fibs at around 18 bucks. There are upper targets beyond that, but for the purpose of this idea of a bull flag breakout - I am saying go for about 50% at around 18 bucks. I'd keep your stop/loss somewhat tight on this, however, because volume is still quite low. Thank you and enjoy profits if this continues to break-out!
COINBASE:BANDUSDLong
by Dawnchorus
2
Band Protocal (BAND) Break Out Retesting All Time Highs SoonIn the oracle realm of the cryptocurrencies Band Protocol is the second largest oracle coin right under the leader Chainlink (LINK) that is bound to be picked up and re-test those all time highs. Band Protocol has approached a very important level today as it has slightly broken out of $11.50 resistance zone that has held strong since September 4th 2020. We traded for at a high of $11.80 before coming back down to current levels. Today we hit the 0.5 Fibonacci Retracement level and now we're trekking towards the 0.618 Fibonacci level putting us at around $12.25 for our next target. We also hit a daily bullish divergence on the MACD as well indicating we may be positioned for a strong breakout within the next week or two. Band Protocol only has a market capitalization of around 230 million dollars while Chainlink's is around 8.9 billion dollars. As being the second biggest leader in the oracle space Band Protocol will be poised for a lot of growth this year especially as the use case for oracles continues to accelerate. Oracles allow ways for a blockchains and smart contracts to interact with external data. Oracles will be an essential part of the evolution of cryptocurrencies and growth of Decentralized Finance (DeFi). Band Protocol is the second biggest Oracle, still well under a 1 billion dollar market capitalization, and has a Coinbase listing. Keep Band Protocol on your radar for 2021. Current Support Level: $9.00 Current Resistance Level: $11.80 Cheers! Much peace and love!
COINBASE:BANDUSDLong
by peacefuljustin
4