UBQ is not looking too great. With a descending triangle forming on the price and a symmetrical traiangle on the RSI which suggest continuation of the trend it does seem UBQ will drop a bit more.
I suspect it might see a one day uptrend to the 20k sats range but if it bounce back down from there we should be looking at 17k with a bottom of 15k which has some nice support.
UBQ is almost back to where it started a year ago.
A shame because it is a pretty decent project. It clearly suffers from 0 marketing which is not the focus of the UBQ team.
THe only thing that might save it from the downtrend is a pump & dump or a new altseason where people FOMO in. Other than that, i see no indicators of this trend reversing.
I suspect it might see a one day uptrend to the 20k sats range but if it bounce back down from there we should be looking at 17k with a bottom of 15k which has some nice support.
UBQ is almost back to where it started a year ago.
A shame because it is a pretty decent project. It clearly suffers from 0 marketing which is not the focus of the UBQ team.
THe only thing that might save it from the downtrend is a pump & dump or a new altseason where people FOMO in. Other than that, i see no indicators of this trend reversing.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.