BINANCE:LUNCBUSD
Here is what I think about the LUNC token:
>> While vast majority of traders fear of a fall, I think there is also a bright part of it. As most of the whales had their purchases made at the bottom of the chart, it was reasonable to expect such price retracement (they already made 10-20x on a token)
>> Also there is no reason to push a price up until BURN TAX goes live. If price was too high, the burning process would be much slower, so there is a reason to keep a price low a long as possible for now.
>> For the further growth it would be great for a price to reach an imbalance zone and only after push the price up.
>> other scenarios are pretty bearish :D
I WISH EVERYBODY TO REACH THE MOON ;)
Here is what I think about the LUNC token:
>> While vast majority of traders fear of a fall, I think there is also a bright part of it. As most of the whales had their purchases made at the bottom of the chart, it was reasonable to expect such price retracement (they already made 10-20x on a token)
>> Also there is no reason to push a price up until BURN TAX goes live. If price was too high, the burning process would be much slower, so there is a reason to keep a price low a long as possible for now.
>> For the further growth it would be great for a price to reach an imbalance zone and only after push the price up.
>> other scenarios are pretty bearish :D
I WISH EVERYBODY TO REACH THE MOON ;)