Updated - Can UBQ break out of resistance?...

stevenaitchison (38)in #cryptocurrency • 8 years ago (edited)

Screenshot 2017-06-22 11.37.04.png

UBQ is closing in on the resistance line it has hit a few times over the last few days. If we can break through this we may see another upward trend.

This is one of my long term holds for the next 6 - 12 months, but good to see it out of the doldrums just now and hopefully if the resistance line is broken we're going to see some action. If it bounces lower off the resistance then we'll have to wait a few more days to see if it hits the support again, before going back up.

Update 22nd June - 3 hours after original post

UBQ just broke through resistance level $2.16 and is ow pushing past $2.23

#ubq #altcoins

8 years ago in #cryptocurrency by stevenaitchison (38)

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cambocleve (39) 8 years ago

I have started following UBQ, why have you made it one of your long term holds ? I thought the chart looks like it might break out - where do you see the price in 12 months ?

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stevenaitchison (38) 8 years ago (edited)

Hey @cambocleve

I honestly wouldn't like to predict a price, but my goal for this is for $10 at least in the next 6 months,

Looking at UBQ to make it a long term hold:

Liquidity, there's a lot of people buying and selling
Good market cap
Limited number of coins: 37,261,614
A good development team
A good slack community
Relatively low priced compared with other crypto's in this space.

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