Orbs (ORBS) represents a cutting-edge Layer 3 (L3) blockchain designed to offer developers a versatile environment for smart contract enhancement, operating as a decentralized, serverless cloud platform. Discover more about Orbs and its potential for your investment portfolio.
Fundamental Analysis Highlights:
- Extensive Industry Partnerships: Orbs boasts a vast network of collaborations within the blockchain industry, including ties with AVAX, ARB, TON, KAVA, and others. These strategic partnerships signal strong industry support and potential for growth.
- Significant Investment Attraction: In March 2023, Orbs secured an additional $10 million in funding from DWF Labs, showcasing the project’s credibility and the confidence of major investors like Paradigm, Samsung, and others.
- Token Distribution and Staking: 42% of ORBS tokens are currently in the market, with one-fifth being staked. This indicates a strong holder base and includes significant stakeholders like DWF, OKX, Binance, and KuCoin.
- Developer Activity: Orbs stands out for its high developer activity, with a plethora of products that are regularly updated, demonstrating the project’s commitment to innovation and technological advancement.
Technical Analysis Insights:
- Correction from ATH: Orbs has experienced an 88% correction from its all-time high, reaching a bottom in September 2023 at $0.019. This could present a buying opportunity for discerning investors.
- Institutional Buying: Large capital investors are actively acquiring the coin, with an average purchase price of $0.026, signaling confidence in its future potential.
- Global Bullish Patterns: The technical analysis points to a “bullish pennant,” suggesting that the realization of transaction goals aligns with the potential identified through technical analysis.
Investment Strategy:
We recommend acquiring ORBS tokens through three orders, allocating 1-2% of your Spot Invest trading capital (based on a 2% calculation):
- First Order: Market order at $0.0405
- Second Order: Limit order at $0.0266
- Third Order: Limit order at $0.0165
Take Profit Targets:
- Medium-term Targets:
- Target 1: $0.0673 (+66%)
- Target 2: $0.1180 (+194%)
- Target 3: $0.1896 (+372%)
- Long-term Targets:
- Target 4: $0.379 (+846%)
- Target 5: $0.643 (+1504%)
- Target 6: $0.990 (+2365%)
Outlook:
The trend for L3 solutions is just beginning, positioning Orbs as a highly promising project despite its market debut in 2019. Our team has prepared this extended deal overview for both speculation and investment purposes. Remember to distribute your volumes wisely.