Bollinger bands on LYXE were the tightest they've ever been on July 4th. RSI is showing strength, Stoch RSI has upward momentum, and after a retrace and period of consolidation, I think it's ready to explode upwards. On high time frame, weekly chart, I see Elliot Wave theory playing out. We are currently beginning wave 5. All technicals fail if there is a weekly close below the yellow dotted diagonal trend line. To the upside, there is heavy resistance at 0.005, but long term I see it reaching 0.02 and beyond.
Fundamentals with Lukso are strong. Possible mainnet launch in August 2021, which hopefully coincides with bullish momentum for Bitcoin. This project is a hidden gem, led by the author of the ERC-20 and ERC-725 protocols, Fabian Vogelsteller. Lukso is the infrastructure for future NFT projects.
Fundamentals with Lukso are strong. Possible mainnet launch in August 2021, which hopefully coincides with bullish momentum for Bitcoin. This project is a hidden gem, led by the author of the ERC-20 and ERC-725 protocols, Fabian Vogelsteller. Lukso is the infrastructure for future NFT projects.