Rubic (Uniswap: RBCWETH) 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, RBC began a red wave one advance on January 13. The red wave one peaked on January 22 and the red wave two correction ended on January 25. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on February 6 and the red wave four (blue sub-waves a-b-c) correction ended on February 20. If this wave count is correct, RBC should be heading next towards the February 6 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Rubic is a multichain DeFi ecosystem, which features cross-chain, P2P, and instant swaps across: Ethereum, Binance Smart Chain & Polygon blockchains. You can watch their latest AMA below.
(Sources: https://rubic.exchange/)How Will Rubic Trade?
Rubic (Uniswap: RBCWETH) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
RBC will takeout the February 6 peak
RBC will drop below the January 25 low
RBC will stay in a trading range between the January 25 low and the February 6 peak until April 6
