Peace Hive,
How are you doing in this month of May. We have witnessed since the month started many green waves on the altcoin market. I wish my portfolio had many tokens categorize as altcoins. Although many new members of the crypto sphere missed the accumulation of most altcoins, we still have the opportunity to learn about their evolution on the market.
Burst coin project was established three years now. Their mining technology bases on hard drive encrypted block transactions interested a large group of developers and fans. Burst community has supported this project which has achieved a lot of progress these years. We think that the token is undervalued on the market then presents an opportunity for anyone willing to learn more about Burst technology contribution to the blockchain.
The price of Burst dropped below 20 Satoshi for most of the five months in 2021. This situation has sent a less motivating signal to altcoin holders on the market. These past five months have not discouraged burst team. The wallet's new feature and the supporting platform have been deployed on multiple operating systems. Price on the daily chart below showed a consistent uptrend toward 61 Satoshi. The resistant line is drawn in red and presents at least four stages to break through before we encounter another all-time high in the prices. An evolution of the price should be alternated with pullback.
A massive dump of the token will not strengthen the growing community of Burst. It is normal to observe in the coming days many price actions on the chart. Summary of these changes will display a trend line oriented to the next red lines. I would like to inform our reading of the educational purpose of these comments regarding Tokens described in the publication. Please, conduct your detailed research and never invest if you can not afford to lose the value of your contribution in this extremely volatile market of cryptocurrency.
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