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JHby u/jhernandez·7dDiscussion

Odds on $EM hitting 1.25 by end of Q2

Been looking at the recent action in $EM and it's holding up surprisingly well around 1.195. With some of the macro tailwinds discussed in other threads, I'm starting to put some probability on a move higher. Curious what others think about the likelihood of seeing $EM touch 1.25 before the end of Q2. I'm leaning towards a 35-40% chance myself, purely based on current momentum and some technical observations around previous resistance turning to support, but would love to hear if others have different reads or data points.

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