As the platform gears up running on the Rinkeby test net, we see some fundamentals rising in this sector of cryptocoins
Augur (REP) will be going live on the Ethereum mainnet on July 9th, 2018. Augur, known by most for being the decentralized “betting market”, is more than just that – it is a decentralized prediction market and oracle service that wants to use the wisdom of the crowd to create a complete and accurate forecasting platform. Its token, REP, is a layer-2 crypto asset (layer 1 being the protocol layer) that sits on top of Ethereum.
We have seen in the past weeks good bullish signs from REP even during the bitcoin crash of late june
both charts are showing the possibilities of more bullihs action if u check the double gann fans u can get an idea of where it will follow or push up into
ideally, we want to see REP push up over $50 and keep pumping up, we may see a crash and dump just before it goes live on the 8th July
aggressive hodlers can enter below $33 or wait until it comes under $30
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