Prism (Gate.io: PRISMUSDT) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, PRISM began a red wave one advance on January 31. The red wave one peaked on January 31 and the red wave two (blue sub-waves a-b-c) correction ended on June 30. If this wave count is correct, PRISM should be heading next towards the January 31 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
PRISM is a dex aggregator on Solana with super-smooth interface that auto-routes your transactions across multiple liquidity sources to guarantee best prices. Danny's Lab reviewed the project back in January.
(Sources: https://prism.ag/)
How Will Prism Trade?
Prism (Gate.io: PRISMUSDT) weekly 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.
PRISM will takeout the January peak
PRISM will drop below the January low
PRISM will stay in a trading range between the January low and the January peak until August 11
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PRISM will drop below the January low
PRISM will stay in a trading range between the January low and the January peak until August 11.
Correct.
PRISM will drop below the January low