Coin Calls: NAV to Rise Again
Nav, the privacy token, has since the Bitcoin fall from $19,800, seen a 89% decrease in its value.
Such a shame for the one budgeoning coin, many within the Crypto community invested in it for its technological fundamentals and the recent Binance listing. However, the 88% decrease meant many left it as it fell from $2 to 0.25.
Nouvive for the past 1 month has been monitoring NAV where it has been bouncing off the large support hat has been strongly protected by a few in the community.
This suggests to the Senior Trader and Analyst that NAV is on the right direction to at least see the 0.236 fib, last traded during the start of May.
Especially following volume decreasing, well below the 90D Moving Average, illustrating that if a position is entered, this would spark a double-digit pop.
Enter buy 50%: 0.0000445
Enter buy 50%: 0.0000469
Take Profit 100%: 0.0001543
Stop Loss: 0.0000405
Time Line: 1 Month
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