Everipedia (Bitfinex: IQXUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Everipedia began a wave one advance on February 6. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 16, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, Everipedia should be heading next towards the April 16 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Everipedia’s IQ Network is an encyclopedia that allows anyone to become a stakeholder in the system and earn rank, rewards & tokens for curating content. MaxDapp interviewed the co-founder back in March this year.
(Sources: Everipedia and YouTube)
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