#WAXP
Scope of the project: Web3, gaming, nft
Coin Rank: 251
Market value: $271,112,453
Max Supply: -
Current Supply: 3,417,865,235
Inflation rate: 50.30%
Technically:
The coin has a 91% discount from the last bullish season
The coin has formed a bottom and is starting to form an uptrend
A perfect reverse head and shoulders pattern is about to be activated
We have Higher Lows that favor an upcoming occurrence of Higher Highs, i.e. a breakout of 0.08
The current weekly candlestick handled well and bounced positively from the 0.061 support after yesterday's jolt
The weekly close supports a breakout of the 0.23 level on the Fibonacci tool, which is also in the 0.08 area
The currency has high inflation, so do not rely on the previous price highs, and you should look at the Market Cap chart so that the price does not deceive you
Market Cap reached 1.59B during the 2021 high
Its upward journey begins with the breakout of the 0.08 areas
Initial buy: Below 0.08
Reinforcement: 0.061
Expected return on investment: 3x - 5x
Medium-term expected return: Dollarization (100%)
For long-term investment, no selling is allowed before the $0.28 zones
Suggested investment size: Maximum 2% - 3% of portfolio size
Leaving 20% of the investment amount allocated to the coin only as a boost package
