NWCUSDT Inside the Buy Zone, can give +200% PROFIT from here!The Newscryptocoin (NWCUSDT) is a hidden gem. Not only does it have a huge upside potential as a long-term investment to buy and hold over the years but even on the shorter term, it displays technical attributes, which mixed with the latest core fundamentals, call for a +200% rise!
** Technical Analysis **
Let's begin with the technical analysis on the 1D time-frame. As you see, the price rebounded after hitting the 1W MA50 (yellow trend-line), which has been the Resistance during the 2022 Bear Cycle since November 26 2021. Technically, that is the long-term Support during uptrends.
By doing so, it held the (green) Buy Zone made by the Higher Lows trend-line, which spearheaded the April rally. The 1D MA200 (orange trend-line) is just below to support if needed but the real test is the 1D MA50 (blue trend-line) where yesterday's strong spike stopped. A closing of a 1D candle above it, gives the technical bullish confirmation for a new rally.
The obvious target is Resistance 1 (0.198550) but we expect the buying accumulation to lead to a Higher high and the final MA barrier, the 1W MA100 (red trend-line). Our target is therefore $0.28000, which represents a +200% profit from the current levels!
** Fundamental Analysis **
The good news for NWC don't stop there. On April 14, NewsCrypto entered into a journey of 100 days, starting a $1000000 airdrop campaign, which will last 100 days (April 14 to July 23).
But this is not just an airdrop campaign. As I said they entered into 100 days of journey, where they will announce the biggest development updates, new products and partnerships until now! In the 4 week period (since the start of the airdrop) they have already announced:
- Team wallet locked until 2028. This is an announcement that shows their team and project is here to stay for the long term. Being live since 2019 and been working since then, it did not stop in the bear market, but rather continued building and developing.
- First burn in 2023 - burned 1M NWC tokens!
- Second burn in 2023 - again burned 1M NWC tokens!
This is just the beginning and the most important news are yet to come! Rumor has it that new products will be announced, a lot of partnerships with established crypto companies and more! You can find all about those announcement on their website and twitter page.
** Conclusion **
As you realize from both the Technical and Fundamentals aspects, the NWCUSDT is poised for a wild ride this summer. It is one of our top crypto gems and objectively by the end of the year it can eye $1.00. Long term holders will be greatly rewarded! The current price is too cheap and this won't last for long! Don't miss this opportunity!
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