Nibiru (Bybit: NIBIUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, NIBI began a red wave one advance on March 12. The red wave one peaked on March 12 and the red wave two (blue sub-waves a-b-c) correction ended on April 13. If this wave count is correct, NIBI should be heading next towards the March 12 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Nibiru is an L1 blockchain powering a smart contract hub with DeFi, RWAs, and more. I Explain Crypto reviewed the project four weeks ago.
(Sources: https://nibiru.fi/)
How Will Nibiru Trade?
Nibiru (Bybit: NIBIUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below
NIBI will takeout the March 12 peak
NIBI will drop below the March 12 low
NIBI will stay in a trading range between the March 12 low and the March 12 peak until May 31
