$enqAI Long Play with Potential 10x In a Few MonthsWe've got $enqAI with a 10x bullish outlook on the horizon. $enqAI in an AI low market-cap crypto play with the potential to see large 10x+ gains.
Key Factors:
- $125million FDV (fully diluted market cap) @ $0.1258
- They have an actual product that will be released to the public as a beta version 1
- They have other products and partnerships
- There MVP is an app/webapp that competes with chatGPT
- They have their own LLM
Why their product is better has the potential to be better than chatGPT:
- No filters in what you can input and the results you will receive
- No bias' that are hard-coded into LLM
- You can ask it anything and get a response for anything unlike chatGPT
The Chart:
- The green zone labeled LIQUIDITY was where resistance formed recently and then turned into a support. We see a lot of buying in this zone.
- The red zone had been acting as a resistance where we've seen a lot of selling
- It's been ranging creating a bull flag in between green and red
The expected move:
- I'm expecting the resistance to turn into support on the next leg up. We could see $0.18 and then form a support at $0.14-.15. With the event that developers release a working beta to the public in the form of a webapp/app we could see a huge surge in market cap. I wouldn't be surprised if it doubled or more with that news. Since this is new territory for $enqAI in price discovery we have to watch the volume and momentum indicators in conjunction with the broader market cycle (sell in May).
