Altcoin News

Expanse(EXP) Is Expanding

Expanse coin found a strong ground at $1.5, rejecting it for multiple times throughout the past few months. Now after breaking the downtrend trendline, it has started to show some potential and perhaps it is ready to expand.

Two Fibonacci applied to the corrective wave after the two trendline breakouts show that the resistance is near $4.5, which is very close to the all-time high produced on the 10th of June. This level should act as a first upside target, although further growth can be expected, although depending on whether the $4.5 area will be rejected or broken. Only a break below the $1.5 support could invalidate bullish outlook.

expanse is expanding

About author

Adrian is a cryptocurrency trader and writer since 2014. He follows closely coins such as Bitcoin, Ethereum and NEO to little known ICOs, constantly analyzing crypto markets in order to stay informed. Email Adrian directly at adrian@ethereumworldnews.com
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