Two days ago I looked at the Anyone network and outlined the potential from a utility standpoint. Since then 1M Anyone has been staked bringing the total amount to 2M. The staking rewards are still very high, but will decrease as more coins get staked.
Today let's look at the coin from a TA point of view.
First, I am posting from the phone so the charts are a bit compressed. But here is the zoomed out view first.
We can see that the movement in 2024 and 2025 looks quite similar. After several peaks we saw a 85% correction at the end of 2024 and just recently it was 80% - so a big movement to the downside at the end of the year. Recently it seems that price is consolidating and is in a potential break out area.
Let's have a closer look.
Here we can see the last three bigger peaks and the long and continuous correction to around 15 cents. Price is now fighting the red resistance at 20 cents and should there be a break out I think we could reasonably expect a revisit to 40 cents which corresponds to the next resistance area. If the previous pattern holds, we should then see a correction back to perhaps 20-30 cents. However, with the mainnet now launched we could also see more momentum taking price to 80-90 cents. This is where the big macro resistance lies that goes back to the Ator days... but for now we have to wait and see if price can tackle the 20 cents area.
Anyone seems strongly positioned for the upcoming "whatever this we are in kind of a market". I strongly believe the privacy narrative will continue to get stronger as mass surveillance takes hold. Current levels seem like an ideal entry point considering that price is down from over $3.
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