Long
RLY poised to continue its RALLY!
RALLY just created a double bottom and then rose to over 30%+ while forming a hidden bullish divergence. The only concerning thing is the Volume.
On the fundamentals side:
"Rally is an open network that enables creators to launch vibrant and independent economies with their communities powered by the ethereum blockchain."
PROS:
- Coinbase is heavily involved in this project. With Coinbase Ventures as one of their biggest backers and their co-founder and Ex-CTO as their advisors. Possible Coinbase listing soon?
- EVP of Warner Bros. is also an advisor
- They are holding a Token Sale on Coinlist coming April 1. Chances of you buying from it are slim though, since over 100k are already registered and the queue will be random come April 1 00:00 UTC. Still 100k people are already exposed to it despite it not being listed on big exchanges yet like Binance or Coinbase.
- The band "Portugal The Man" is already heavily using the platform and promoting it.
CONS:
- The circulating supply vs the max supply is scarily low.
- Since it's built on Ethereum, gas fees could be an issue.
The rewards outweigh the risk for now though, so I'd say it's a good buy. I've gotten in at around $0.90 and will be adding some more here. Obviously, not financial advice, and it could still go down for a bit before it moons, so DYOR and use your own judgment. Peace!
On the fundamentals side:
"Rally is an open network that enables creators to launch vibrant and independent economies with their communities powered by the ethereum blockchain."
PROS:
- Coinbase is heavily involved in this project. With Coinbase Ventures as one of their biggest backers and their co-founder and Ex-CTO as their advisors. Possible Coinbase listing soon?
- EVP of Warner Bros. is also an advisor
- They are holding a Token Sale on Coinlist coming April 1. Chances of you buying from it are slim though, since over 100k are already registered and the queue will be random come April 1 00:00 UTC. Still 100k people are already exposed to it despite it not being listed on big exchanges yet like Binance or Coinbase.
- The band "Portugal The Man" is already heavily using the platform and promoting it.
CONS:
- The circulating supply vs the max supply is scarily low.
- Since it's built on Ethereum, gas fees could be an issue.
The rewards outweigh the risk for now though, so I'd say it's a good buy. I've gotten in at around $0.90 and will be adding some more here. Obviously, not financial advice, and it could still go down for a bit before it moons, so DYOR and use your own judgment. Peace!
Transaction en cours
Up 20%+ and starting to break out of the triangle now. :)Transaction en cours
We have liftoff!!!!
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.