Metaverse is a decentralized platform based on blockchain technology. Metaverse is building a web of Smart Properties and establishing an open ecosystem in which digital value can be circulated freely.
ETP is the token used on Metaverse and can be used to measure the value of smart properties in Metaverse or as collateral in financial transactions. ETP is also used to pay transaction and other fees applied on Metaverse.
ETP had a rally from $2.3 which has been the tested support price Nov 29 till date. the price has been bouncing off that price at bottom and yet ETP is there again. this time ready for another move targeting the range of $3.9 to $5.5 its previous high.
ETP is about to leave the buy region which is the range of $2.3 to $3.1 through the descending wedge/triangle. This confirms an uptrend if $3.1 is broken which would be made possible with the support of MACD.
This is the last chance to get into ETP and hold till $3.9 to $5.5. On approaching $5.5, the chart would be reevaluated to ascertain a breakout from previous all time high of $5.5.
Brace yourself. Buy, hold patiently and enjoy the ride.
https://www.tradingview.com/chart/ETPUSD/zMcFbex3-ETP-consolidation-ready-for-an-uptrend/
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