Fib on longer term scale and some resistance at ~$8.65 area
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Looks like Fibonacci applied to the longer term chart shows this bull isn't quite done, especially if it can break through that $8.65 mark that has been hit almost 3 times. Mid-$9 by the end of the year likely and news of Q4 releases could push that even further up.
According to official communications from their team regarding their roadmap, perhaps some FOMO could get put into play here too over the next couple months.
Looks like we busted through the ~$8.70 mark last night and are starting to see some potential resistance at that mark now on the way back down. Time will tell if this will be a more permanent point of resistance. News poured out last night regarding their SDK release and conference demos.
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