API3 - Possible Alt Season Entry

13 בינו׳ 2022

Not Financial Advice. API3 is an interesting oracle crypto that could be utilized in banking once things go digital. They are working with the open bank project source: api3.org/open-banking . For the most part is has ranged the entire bull run and I think this could possibly be a good entry IF Bitcoin doesn't have more downside in the near future. If that happens it will probably go lower and that could be an even better opportunity. As of right now as long as it holds above the 0.236 Fib retracement it should be fine. Best case scenario and we have a full blown alt season we could see it hit $39.92 if it reaches all the way out to the 4.236 Fib extension.