Where’s Prosper PROS/USD heading from here?

Here it is PROS breaking out of the 50D EMA after re-testing the same support that held for months with more than 100% increase of volume over the past day. The MACD is showing strong potential upwards.

Fundamentally PROS is strong with $15M market cap but… the Market Cap / TVL Ratio is so high at 3689

I am onboard but didn’t set my exit target yet… what’s yours? And where do you see it heading?

Trade geschlossen: Ziel wurde erreicht:

11 hours ago I didn’t expect a 70% spike! It happened in the last 4 hours, so early in the day.

I’d say it is wise to close part of the trade and let the rest ride for 100%.

Happy trading everyone.