Review on FunFair by Mehdi hazni
FUN Review
Fun currency entered the market in 2017, the year when the supply of altcoins was very high. The highest price of fun currency in dollars was around $ 0.19 and the current price, although it has grown by about 98% compared to the previous year, is still 97% lower than the all time high. The time it took for the currency to reach the upper ATH range was very short, so one cannot easily expect the price to adjust to that range.
I have analyzed the price of this currency for the medium term, the analysis is based on weekly charts and btc pair. Considering the support that is in the range of 20 Satoshi and this range has been supported twice and the price has gone up, in my opinion, it is not very difficult to continue the upward movement and the most important resistances are: 100, 230, 520 And 950 Satoshi. But if the support level breaks, I think the first support will be 9-10 Satoshi and then 7 and 5 Satoshi.
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Pros
- The price is supported twice in the same range, so it is more likely that the price will continue to rise and the resistance will fail
- Can be kept in a very secure wallet (Exodus Wallet)
- Good popularity on Twitter (about 34 thousand people) and reddit (about 16 thousand people)
- It is among the top 200 currencies in coinmarketcap
Cons
- I did not find any particular negative point about this currency
