Uniglo (GLO) Price In An Uptrend Before Phase Three Starts. Bitcoin (BTC) And Monero (XMR) Bullish Reversal Imminent

Market conditions are choppy, and investors are waiting on three major events: the CPI (Consumer Price Index) report for August, the FOMC meeting and the next rate hike, and the Ethereum Merge. September is a busy month for crypto, and many analysts predict a violent market reversal.

Uniglo (GLO), a new Ethereum-based social currency, continues its uptrend heading into its final presale phase. Bitcoin (BTC) trades in a tight band and seems to be forming a falling wedge- a highly bullish reversal pattern- and if this is validated, it means an explosion in price. And Monero (XMR) is similarly flagging signs of an upcoming reversal.

Crypto analysts have selected these three crypto projects as excellent choices for the imminent market reversal. This reversal will catch the vast majority of the crypto sphere unaware, and many will miss the bottom, waiting on lowers lows that never arrive.

Uniglo (GLO)

Uniglo gathers momentum going into its third and final presale. The project has consistently met its roadmap targets, and this bolstered enthusiasm from early investors is likely a result of the recent Paladin smart contract audit.

Up more than 45% in the last month, this new store of value appears ready to launch well. Offering investors a third and more reliable store of value, Uniglo is leveraging scarcity, value-backing, and assets to deliver an organically growing value store. Uniglo features buy and sell taxes, with a portion used for asset acquisitions stored in the Uniglo Vault, making GLO value-backed by both digital and tangible securities. And a portion of every trade is automatically sent to the Uni Abyss, a burn wallet with an unknown private key. When GLO launches on the open market, its total supply will rapidly decrease, and decreasing supply always means an increased valuation. An excellent project to hold to hedge against volatility and, more importantly, to store wealth over an extended period.

Bitcoin (BTC)

Investors have a terrible habit of forgetting how fast Bitcoin can move when it wants to. Bitcoin is at its historic accumulation phase, and investors calling for lower lows due to the macroeconomic condition forget one key element. For Bitcoin to further capitulate, it requires people to sell, and people still in the game will not sell at any price. This thesis is supported by on-chain data showing the majority of addresses holding BTC have not sold for over a year; they have already weathered the worse of the bear market; why would they sell now?

Bitcoin's current price represents a marvellous entry point and genuinely represents the last time the ordinary investor can even dream of stacking one whole Bitcoin.

Monero (XMR)

Monero has enjoyed a massive uptick in trading volume and adoption on the back of the Tornado Cash developer being arrested and crypto exchange dXdY introducing facial scans. With increased regulatory powers for the IRS and privacy becoming a greater concern, more and more investors are purchasing Monero so that they can make anonymous transactions.

Monero's value proposition increases as privacy concerns increase, and this token will explode in the next bull run as more and more investors begin to understand how little privacy they have on the blockchain.

Find Out More Here

Join Presale: https://presale.uniglo.io/register

Website: https://uniglo.io

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