$CUB Looks Ready To Bounce!

avatar

Is it time to get bullish on $CUB?

I'll go out on a limb and say that it might be time to put on some rose-colored glasses. After recently peaking out in the high $4 range, $CUB has since retreated to the lower end of around $3.30 as of writing this.

With former support built around this zone, it's quite possible that $CUB could be setting up for a bounce higher.

image.png

Indeed, as noted by the red circles, $CUB is approaching a level in which the coin previously found some support including back around its initial launch zone. Likewise, as noted by the orange line, the longer-term support channel could suggest a critical inflection point coming up. Should $CUB continue alone this support line, we should be nearing that point of accumulation.

Posted Using LeoFinance Beta



0
0
0.000
3 comments
avatar

Congratulations @videosteemit! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You made more than 600 comments.
Your next target is to reach 700 comments.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Feedback from the April 1st Hive Power Up Day
0
0
0.000