$UBQ Trading Idea & 2018 Price Projection for #Ubiq
Ubiq is a decentralised platform built upon the Ethereum codebase.
One of the main challenges for Ubiq is that it is operating in a very competitive and somewhat saturated DApp platform space.
From a charting perspective it is currently facing a long-term downtrend resistance line. I'm fairly confident that it will break through this area to the upside at some point, meaning we are likely to see UUBQ test previous highs vs.
BTC during the 2018 #AltSeason market cycle.
For UUBQ to gain the kind of momentum that will push it towards the 'Final Target' outline in my chart I believe we will have to see a number of solid partnerships formed, or essentially some form of positive news that will generate excitement around the project and a "Value Add" for the token.
With that being said Ubiq does have a lot of support from within the 'Crypto Community', a solid development team, and the fact that it has a market cap of around $200 Million means that it has a lot of room to grow in the medium-long term.
For more information on Ubiq go to:
ubiqsmart.com/
coinmarketcap.com/currencies/ubiq/
One of the main challenges for Ubiq is that it is operating in a very competitive and somewhat saturated DApp platform space.
From a charting perspective it is currently facing a long-term downtrend resistance line. I'm fairly confident that it will break through this area to the upside at some point, meaning we are likely to see UUBQ test previous highs vs.
BTC during the 2018 #AltSeason market cycle.For UUBQ to gain the kind of momentum that will push it towards the 'Final Target' outline in my chart I believe we will have to see a number of solid partnerships formed, or essentially some form of positive news that will generate excitement around the project and a "Value Add" for the token.
With that being said Ubiq does have a lot of support from within the 'Crypto Community', a solid development team, and the fact that it has a market cap of around $200 Million means that it has a lot of room to grow in the medium-long term.
For more information on Ubiq go to:
ubiqsmart.com/
coinmarketcap.com/currencies/ubiq/
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