UFT retains its potential

17 août 2023

Due to the large number of questions, today I want to once again consider the potential of uft. The removal of the uft/busd trading pair is not a negative signal for the coin, since the removal of busd pairs is carried out alternately as part of the exchange's transition to alternative stables, such as tusd. Busd pairs have already been removed for several dozen coins and will be gradually removed further, in parallel with maintenance measures such as listings and adding new pairs to other coins in order to maintain alt volatility. In the case of uft, the top growth potential is still maintained up to $ 1.5-2.5. At the moment, against the background of the general negative dynamics of the market, they retested last year's loyals at 0.15-25, drawing the second bottom on the weekly chart. The goal of further growth with a high probability may be a breakdown of 1.0 on the 0.75 puncture zone by the last pulse. Given that we are in the seasonal buying period until the end of this month, there is a possibility of breakouts on coins until the end of the month with at least a sharp reversal similar to asr atm. Statistics for the United States came out mixed and on average does not have a negative impact on the crypt, and therefore there is a high probability of a reversal of the weekly candle in bullish tops in the coming days.
The highest growth goals, similar to uft, also have vib perl cvp pros and asr atm fantokens with goals up to 5-7X, which binance recently provided additional support for.