Crypto Contest August 24: Rari Governance Token

Rari Governance Token (Uniswap: RGTUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, RGT began a red wave one advance in November 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in April this year and the red wave two (blue sub-waves a-b-c) correction ended in June. If this wave count is correct, RGT should be heading next towards the April peak in the red wave three.

(Chart courtesy of Tradingview.com)

Funnymentals

The Rari Governance Token is the native token behind Rari Capital. Rari Capital is a non-custodial DeFi robo-advisor that autonomously earns users yield. You can read their latest weekly update here.

(Sources: http://rari.capital/)

How Will Rari Governance Token Trade?

Rari Governance Token (Uniswap: RGTUSD) daily chart by Tradingview.

(Chart courtesy of Tradingview.com)

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below.

RGT will takeout the April 2021 peak

RGT will drop below the November 2020 low

RGT will stay in a trading range between the November 2020 low and the April 2021 peak until September 30