REP

REP another Dino coin that started moving. We have seen the same pattern before - ZEC took long correction, finally flipped SMA50 into support, tested it again and then blasted up. REP also flipped SMA50 into support and now I am expecting one more pullback to test SMA50 again before blasting to fibb 0.886 range.

Prediction markets have surged since late 2024, fueled by their accuracy in forecasting events like the U.S. presidential election, where platforms like Polymarket and Kalshi saw billions in trading volume. Regulatory wins, including Kalshi’s 2024 court victory and the CFTC’s 2025 appeal dismissal, opened the door for mainstream adoption, with markets expanding into sports and geopolitics. The industry is projected to grow from $1.5 billion in 2024 to $95.5 billion by 2035. Venture capital has poured in, with $216 million raised in 2025, including Polymarket’s $200 million and Kalshi’s $185 million rounds, backed by funds like Founders Fund and Paradigm. This capital boosts platform development and liquidity, cementing prediction markets as a key blockchain use case. Augur, the 2018 decentralized pioneer, benefits from this momentum, with its REP token gaining traction for staking and governance in an evolving, hybrid market landscape. Not financial advice. Used for study.

REP has been accumulating slowly till it topped out at major S/R level mentioned on the chart, in case upward trend a nice pump will take place Dyor

It was supported in the area of 0.420 by the fall of this price There is a possibility of an upward trend from the 0.650 and 0.550 areas Target 3.160

Elliott Wave Analysis REPUSD Elliott Wave Analysis REPUSD Details on the chart

As you can see price is just moving out of the downtrend circle drawn, providing the point of 2.618 Each time price has touched 1.618 and 2.618 price has lifted, as demonstrated with arrowsAugur is currently listed on the main Ethereum website as a betting site.

We are looking at the result of an impulsive retracement pattern, prepping to execute a possible entry for the long. We must be patient to confirm the 78% level of support is actually support. Additionally, up[on. confirmation we need to monitor the 4H time frame to assess if we get a buying bulling signal/context prior to entering. THESE ARE ONLY MY CHARTS, NOT FA!!! Trade with proper risk.

یتداول AUGUR فی تداول افقی. وداخل نموذج علم. کسر الحد العلوی یؤهله لمزید من الصعود اتجاه المتسویات التصحیحیة الموضحة على الرسم البیانی. والتی تعتبر کذلک هدف نموذج القاع المزدوج الواضح على الرسم البیانی.