![]() ![]() Tap Global is launching in the USA around March/April time.This will not create a huge impact on the price action short-term but may create some scarcity in the coming years! Tap Had a small token burn a few days ago.This is a mystery but it could lead to some volatility so beware! The Martini Guy has mentioned in one of his videos about some major news coming very soon for Tap. ![]() With current Bittrex order book sizes, it is going to be very easy to break to the upside with TAP. In addition, XTP seems to be dominating the Bittrex exchange day in and day out, with high volume across the exchange and the market cap! Not to mention the volume on Uniswap too! Just to keep in mind for bullish momentum, if we close below 39 satoshis on a daily candle, we may have to reanalyze. We have further support as well at 45 satoshis. Our major target for TAP at the moment is 146 satoshis and our major SUPPORT is at the previous weekly close as marked by the white level: 39 satoshis. I am expecting a fairly long retracement after we hit this level. With the marketcap being under $100m, it is very feasible that our next rally will reach the 146 sats level, our MAJOR key level. ![]() These labelled levels I find the most key short-term and long term levels. From this being said, I am expecting the next breakout to go to the next major resistance level from the macro view. I use a self-made indicator called Varpi2 to show weekly and monthly close levels and they tend to be extremely significant. I can see XTP breaking out within the next few days. Tap is currently in a consolidation range, as we were a few days ago before we broke upwards another 130%. So what is in store next for Tap? Price Analysis Tap has grown in excess of 30x in the past 2 weeks! Let's get excited but stay humble at the same time! Tap has done incredibly well over the past few days, outperforming most if not all altcoins. ![]()
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