Klever klv
A project that will be cool to be a part of as it evolves
So because Klever doesn’t have a ton of historical price data and hasn’t been scooped up my bot trading etc.
It’s even more difficult to make a game plan for future price action. It’s next price discovery phase could be massive and exceed expectations or it could be a multi year slow grind before it really gets legs.
My opinion is that because of the infrastructure behind it, it will have some explosive potential. Think binance BNB but with more potential built into the platform.
At its peak I believe BNB was around 100 billion market cap.
Let’s take a conservative view of klv and say in a strong bull market it pulls 10 billion in cap. That’s $1 #klv.
If it hits all of its markers for the recent white paper and road map, I don’t see why 20-30 billion in the crypto space is out of reach.
This would take exposure. But one thing KLV does well is focus on the community.
Set up I am eyeing is confluence of recent upward moves in a FIB extension sense and reclaiming some moving averages. With a little hype of mainnet, .025 is a reasonable expectation in the coming weeks.
A longer term view is fib extension of its run to .16 and its retracement.
If next large wave gets some legs .69 is not out of the question.
This hinges on solid mainnet, kapps the continual build of a good product and exposure to people who are not yet fanboys like myself.
So because Klever doesn’t have a ton of historical price data and hasn’t been scooped up my bot trading etc.
It’s even more difficult to make a game plan for future price action. It’s next price discovery phase could be massive and exceed expectations or it could be a multi year slow grind before it really gets legs.
My opinion is that because of the infrastructure behind it, it will have some explosive potential. Think binance BNB but with more potential built into the platform.
At its peak I believe BNB was around 100 billion market cap.
Let’s take a conservative view of klv and say in a strong bull market it pulls 10 billion in cap. That’s $1 #klv.
If it hits all of its markers for the recent white paper and road map, I don’t see why 20-30 billion in the crypto space is out of reach.
This would take exposure. But one thing KLV does well is focus on the community.
Set up I am eyeing is confluence of recent upward moves in a FIB extension sense and reclaiming some moving averages. With a little hype of mainnet, .025 is a reasonable expectation in the coming weeks.
A longer term view is fib extension of its run to .16 and its retracement.
If next large wave gets some legs .69 is not out of the question.
This hinges on solid mainnet, kapps the continual build of a good product and exposure to people who are not yet fanboys like myself.
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