like we stare at a chart, the price goes up, corrects, then shoots up again
It helps reading them after you learn some basic TA. It's just patterns that everyone that has been in markets recognizes and behaves accordingly. So they often become self-fulfilling.
So how does it work for a real project like HEX, compared to something like XRP which hit like $3 and then crashed almost indefinitely?
hex TA and charts are cleaner because its people actually buying, not manipulating and trading on margin through exchanges with leverage. thats why hex goes smoothly up and not violent
Hard to compare HEX with a donationcoin. Very different supply/demand dynamics, tokenomics and market psychology. Perhaps the most relavant comparison would be with the first few years of ETH, though that also had very different tokenomics.
Since Pulse intends to compete directly with ETH should we look at comparing their early charts as well?
cause its breaking the resistance
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