WRXUSD
Book 30% profit in WRXUSDTFirst of all WRX has come into its value area where buyers expect price to go higher, Plus on all higher timeframe 1,4 and daily price is above 200 ema which tells you that: 1. price will be in uptrend. 2. price has supported its value area and now due to principles of value area price will move to its higher zone. 3. As seen in WRX we can also see momentum coming its way. So WRX is perfect for buying.
Put Target and SL as shown for risk management.
WRX (WazirX) price has potential to explode up to $34WazirX recently launched NFT and another major positive news that making headline is circular released by Reserve Bank of India (RBI) to allow banks to corporate with the customer who willing to invest in crypto currency’s, recently Indian banks refused to allow payments for crypto related transactions but RBI circular set a positive sign for crypto investor in India.
WazirX is one of the largest exchange in India which is backed by Binance....with 435 millions WazirX tokens in the supply and market cap is around 570 million
Seeing recent growth, WazirX aiming for 10 million users in 2021 which mean their token will be one of the most growing asset in coming months.
WazirX market cap could go up to 10 billion and which will lead to WazirX token price explode around $34
WazirX is the next BNB coin (Binance)
Note: This is not a financial advise, trade at your own risk