Crypto Contest July 10: Neopin

Neopin (Gate.io: NPTUSDT) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, NPT began a red wave one advance on April 1. The red wave one peaked on April 1 and the red wave two (blue sub-waves a-b-c) correction ended on June 19. If this wave count is correct, NPT should be heading next towards the April 1 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Neopin aims to be an “open blockchain platform” that connects a range of blockchain-related services, such as crypto wallet, games, P2E, S2E, and NFT, etc. The Daniel Droege Show reviewed one part of the project last month.

(Sources: https://neopin.io/)

How Will Neopin Trade?

Neopin (Gate.io: NPTUSDT) daily chart by Tradingview.

(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below.

NPT will takeout the April 1 peak

NPT will drop below the April 1 low

NPT will stay in a trading range between the April 1 low and the April 1 peak until August 16