Crypto Contest October 25: Router Protocol
hive-167922·@maarnio·
0.000 HBDCrypto Contest October 25: Router Protocol
Router Protocol (KuCoin: ROUTEUSDT) has broken out of the triangle pattern in the daily chart. https://i.postimg.cc/SQ9d27s8/Nimet-n.png (Chart courtesy of Tradingview.com(log scale)) **Elliott Wave Analysis** In Elliott Wave terms, ROUTE began a red wave one advance on May 8. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 11 and the red wave two (blue sub-waves a-b-c) correction ended on September 26. If this wave count is correct, ROUTE should be heading next towards the July 11 peak in the red wave three. https://i.postimg.cc/sfPSCnxn/nimet-n2.png (Chart courtesy of Tradingview.com(log scale)) **Funnymentals** Router Protocol is a secure, scalable, modular, composable framework for cross-chain interoperability. I Explain Crypto reviewed the project one month ago. <iframe width="560" height="315" src="https://www.youtube.com/embed/K2gnbphF4Ok?si=2qYXdP0vgk3ghk9s" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> (Sources: https://www.routerprotocol.com/) **How Will Router Protocol Trade?** Router Protocol (KuCoin: ROUTEUSDT) daily chart by Tradingview. https://i.postimg.cc/d1yc7HDp/nimet-n3.png (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 ROUTE will takeout the July 11 peak ROUTE will drop below the May 8 low ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1 Posted Using [InLeo Alpha](https://inleo.io/@maarnio/crypto-contest-october-25-router-protocol)
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