VIBEHub is a blockchain-based platform created for the development of virtual reality projects. With the help of VIBEHub content, users will be able to receive broadcasts from concerts, educational lectures, participate in game programs to enjoy other benefits of VR. The platform allows to sell created VR-spaces through the built-in functionality.
On August 14, the price of the asset updated the minimum, and it was formed at the level of 0.00000403. And on September 12, the rate approached this level again , but did not break through it. Over the next 5 days, the asset rose sharply, showing in peak + 325% from the minimum. In addition, during this time, the average volume increased by 3 times. It is worth noting that the November fall of the crypto market had little effect on the capitalization of the asset. Due to the fact that most tokens are at the disposal of a limited number of people, periods of explosive growth can be associated with artificially maintaining the price of an asset, rather than an increase in investor interest. The support line is at the level of 0.00000675, therefore we set the zone of entry into the asset within these limits - 0.00000670 - 0.00000693. Stop loss set at 0.00000661. Reser strong resistance is at the level of 0.00001045, so we put the sale zone a little lower - 0.00000950 - 0.00000980. Due to the low liquidity, despite the rather high intraday volatility - up to 11%, it is difficult to trade the token within the day. Suitable only for the medium term, because Long-term forecasts also do not give much reason for optimism. Despite the fact that the project works, the development of VR is inhibited due to the lack of acceptable solutions for user devices, and, as a consequence, the low prevalence of VR content.