Work began on the project in the second half of 2020. Those behind Reef argue that the process of trading, lending and staking crypto is currently fragmented — creating “a painful experience for all of its participants.”
As you can see in the weekly time frame for REEF/USDT, the price is trading around 0.024 $ .
Reef entered a phase after reaching the price of around $ 0. 05 at the same time as Bitcoin and fell by 80% to about $ 0.011.
And was accompanied by demand, with 6 weekly rising more than 100 and recovering to $ 0.026.
Now, in my opinion, after a little correction and a short rest, it starts its upward trend again
Which has support of $ 0.022 and $ 0.015, And there is no significant resistance up to $ 0. 05 .
And if it breaks up; I see very attractive goals for it.
💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile , and you have never seen in any other markets .)
💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
👉This analysis is my personal opinion and you are responsible for your own trades or invests.💯
🙏with Best Regards and successful trades❤️
💜 if you like my analysis, give a big thumbs 👍 and drop a comment