Technical analysis by P_S_trade about Symbol WBT: Buy recommendation (5/15/2023)

P_S_trade

The last month the WBTUSDT price behaved no worse than a stablecoin) It did not fall down -20-30-50% as many altcoins did, for which thank you)The WBT price is stuck in a narrow consolidation of $4.60-5, probably someone is taking a large long position.Our medium-term expectations are an increase in the price of the WhiteBit token to $6.70 (+43%) and, if lucky, to $8 (+70%)Our long-term expectations are that the future price of WBT is much and much higher but about this at the following ideas.The WhiteBit blockchain testnet process is currently underwayAccording to the project's whitepaper, new unlock coins are not planned until November 2023.So the fundamental foundations for future growth are laid, and now "the word" behind the "market"And if you are interested in the Tokenomics of the project, we have described it here:_____________________Did you like our analysis? Leave a comment, like, and follow to get more