Presearch ;decentralized search engine ( PREUSDT analysis)đđ
Hello Crypto community Welcome to my new introduction for another high potential project.
đčRank #393 --- Ethereum Token
Market Cap :$ 137,884,742
Circulating Supply: 396,578,435.00 PRE 79% âïžđ good
Max Supply :500,000,000 PRE
đ°Holders Statistics:
10 Holders:59.99%
Top 20 Holders:66.49%
Top 50 Holders:74.9%
Top 100 Holders:80.64% âđ«risky
âïžWhat Is Presearch (PRE)?
Presearch is a decentralized search engine with more than 1.5 million users and over 10 million searches a month. It offers users three unique value propositions:
đ°Having control over their data and privacy
đ°Being paid for contributing value to the ecosystem
đ°A decentralization of the search ecosystem
Presearch offers several products with real-world utility. Its search tool allows users to search the internet in the same way they are used to with search engines like #Google or #DuckDuckGo
sources: coinmarketcap.com-www.presearch. io
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đđ TECHNICAL
As you can see on the weekly timeframe for PREUSDT , It is trading about $0.366 right now.
Although it has been rising for more than 5 weeks and has grown in price by about 100% recently , it has a local resistance of about 44 cents on its way and It is also approaching the ceiling of its ascending channel . If it breaks its recent resistance, it can even reach its price targets in the short term. But I think a bearish scenario is more likely to happen , and any bitcoin fall could fall more at the same time .
In this case, in lower support points, it can be a good option to enter 3 steps and also a suitable project in terms of investment.
đcurrent weekly resistance level: $0.43
âïžcurrent weeky support level: $0.23_$0.27
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tips:
đ„(Note that most of my analysis on the weekly timeframe basis is more suitable for long-term investment rather than short-term trading.)
đ°(Anyway, I highly recommend novice traders and investors to consider risk management and buying in a few steps) .
âłïž(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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đThis analysis is my personal opinion ,not a financial advice ,so do your own research.
đ if you're a fan of my analyses PLZ follow me ,give a big thumbs đ and drop comment đŻđ
đwith Best Regards
đčRank #393 --- Ethereum Token
Market Cap :$ 137,884,742
Circulating Supply: 396,578,435.00 PRE 79% âïžđ good
Max Supply :500,000,000 PRE
đ°Holders Statistics:
10 Holders:59.99%
Top 20 Holders:66.49%
Top 50 Holders:74.9%
Top 100 Holders:80.64% âđ«risky
âïžWhat Is Presearch (PRE)?
Presearch is a decentralized search engine with more than 1.5 million users and over 10 million searches a month. It offers users three unique value propositions:
đ°Having control over their data and privacy
đ°Being paid for contributing value to the ecosystem
đ°A decentralization of the search ecosystem
Presearch offers several products with real-world utility. Its search tool allows users to search the internet in the same way they are used to with search engines like #Google or #DuckDuckGo
sources: coinmarketcap.com-www.presearch. io
------------------------------------------------------------------------
đđ TECHNICAL
As you can see on the weekly timeframe for PREUSDT , It is trading about $0.366 right now.
Although it has been rising for more than 5 weeks and has grown in price by about 100% recently , it has a local resistance of about 44 cents on its way and It is also approaching the ceiling of its ascending channel . If it breaks its recent resistance, it can even reach its price targets in the short term. But I think a bearish scenario is more likely to happen , and any bitcoin fall could fall more at the same time .
In this case, in lower support points, it can be a good option to enter 3 steps and also a suitable project in terms of investment.
đcurrent weekly resistance level: $0.43
âïžcurrent weeky support level: $0.23_$0.27
--------------------------------------------------------------------------------------------------------------------
tips:
đ„(Note that most of my analysis on the weekly timeframe basis is more suitable for long-term investment rather than short-term trading.)
đ°(Anyway, I highly recommend novice traders and investors to consider risk management and buying in a few steps) .
âłïž(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
--------------------------------------------------------------------------------------------------------------------
đThis analysis is my personal opinion ,not a financial advice ,so do your own research.
đ if you're a fan of my analyses PLZ follow me ,give a big thumbs đ and drop comment đŻđ
đwith Best Regards