PundiX Holders..& Non PundiX Holders read this..it's important!!

in #partiko7 years ago

Although NPXS doubled in price during Q1 2019, it has now retraced to its all-time low during March and April.

The weak volume accompanying the downtrend suggests a lack of enthusiasm from bears. The last two weeks of consolidation inside a significant weekly level could be the bottom of a range forming.

If the low breaks and turns to resistance, far more downside can be expected. However, this level around 0.00000011 might provide a very favorable risk-reward ratio for bulls targeting the next weekly level resting above.

The upcoming burn could be what NPXS needs to create a double bottom and begin a new bullish trend.

For further any queries
Ask @luckys

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