REEF 12h Will the growth continue?

19 août 2021

The fall in the price of the REEFUSDT pair began a week before the general drain in May in the crypto market. Then the first wave of the fall was -70%.

However, there was also a decent rebuying from buyers by +120% in 4 days, most likely, then the trigger for such a strong rebound was the news of the launch of the Mainnet by 28.05.2021
As soon as the news worked out, the price of REEFUSD had another wave of fall by -70% and without much volume

Now, looking at the chart, we see that the price of REEFUSDT has grown by +115% again, and volumes appeared only at the peak of the price.
Manipulators love to first drop the price by -70% and then raise it by +120%)

However, it seems to us that with a positive background in the crypto market, the price growth in the REEFUSD pair may continue, because the price has not yet reached a strong liquidity zone.
It was in the zone of $0.0310-0.0460 that active trading was served from February to May, and as history has shown, there were sales there before a further fall.

Please write in the comments if there is now a strong news background for REEFfinance so that the price of REEF could still grow at least to $0.04
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8 sept. 2021

Trade fermée: cible de profit atteinte