Analysts Point to When QUBIC Will Begin to ‘Melt Faces’ as It Prepares to Become the ‘Big Winner’ in the 2024 Bull Run
Crypto analyst DECENTREND (@decentrend) posted on X about the recent bullish price action for QUBIC (QUBIC). He described two potential scenarios playing out that could “melt faces with a powerful Godcandle.” QUBIC has spiked 17% today, more than 50% in the last 1 week, and over 300% in the last 1 month.
In scenario one, QUBIC could continue trending sideways up in the rising channel it has formed. In the second, more bullish scenario, QUBIC could make a daily close above the channel, which is around 0.000011 which would likely result in a significant upside.
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Another crypto analyst, bRaven52 (@bRaven52), posted about the credentials of QUBIC’s founder and how it could fare in the current crypto bull market. QUBIC is founded by Sergey Ivancheglo, also known as c___f__b, who is the co-founder of IOTA.
At the peak of the 2017 crypto bull run, IOTA reached a market cap of $13.5 billion. Now Ivancheglo has created QUBIC which currently sits at a $830 million market cap. The analyst believes with the amount of new interest in crypto compared to 2017, QUBIC could be “one of the big winners” this cycle and achieve impressive growth.
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