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Crypto Contest November 28: Rarible

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Markus Aarnio
@maarnio
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Rarible (CoinMarketCap: RARIUSD) has broken out of the triangle pattern in the daily line chart. (Chart courtesy of CoinMarketCap.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, RARI began a red wave one advance on July 21. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 15 and the red wave two (blue sub-waves a-b-c) correction ended on November 5. If this wave count is correct, RARI should be heading next towards the September 15 peak in the red wave three. (Chart courtesy of CoinMarketCap.com (log scale))

Funnymentals

Rarible is a creator-centric NFT marketplace and issuance platform that utilizes the RARI token to empower users who actively interact with the protocol. Coin Bureau reviewed the project two months ago.

(Sources: https://app.rarible.com/rari)

How Will Rarible Trade?

Rarible (CoinMarketCap: RARIUSD) daily line chart by CoinMarketCap. (Chart courtesy of CoinMarketCap.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.

RARI will takeout the September 15 peak

RARI will drop below the July 21 low

RARI will stay in a trading range between the July 21 low and the September 15 peak until January 4, 2021

Posted Using LeoFinance Beta