FUN Price Analysis

uk.investing.com/analysis/fun-price-analysis-200458948

FUN Price Analysis

By Konstantin Kaiser | Feb 23, 2021 20:45

Saved. See Saved Items.

This article has already been saved in your Saved Items

BTC/USD

+1.90%

Add to/Remove from a Portfolio

FUN/BTC

-3.33%

Add to/Remove from a Portfolio

The FunFair (FUN) token surged over 1600% in a little less than two months, since it formed a temporary low at the 50-week-ema on December 22 2021. That being said, there might be still tremendous room for growth. Let’s look at the FUN token from a technical standpoint.

When looking at the daily chart of FUN, it becomes apparent that it’s currently in an upward channel and is currently at the 0.382 fib support, after reaching the yearly high at roughly $0.06. The MACD hints towards a continuation of the correction move. Fun finds its next significant support at the golden ratio, slightly below the 50-day-ema at $0.026.

However, the mid-term trend remains bullish. A golden crossover happened in late 2020, which acts as a confirmation of the bull trend.

The weekly chart of FUN looks extremely bullish, as extremely bullish volume has entered the FUN chart. Nevertheless, the golden ratio support at $0.0225 could be the perfect entry point for those who are looking to join the price hike.

FUN/BTC Weekly Chart on Binance

When looking at the FUN/BTC chart, one should notice that FUN’s recent price hike is still nowhere close to its high in 2018. In fact, FUN just surged between the 2017 low and the 0.382 fib resistance at 0.00000189 BTC. Once FUN/BTC is bullishly bouncing off the 50-week-ema at 0.00000044 BTC, it could be set for another surge towards the golden ratio resistance at 0.000003 BTC.

FUN is an ERC20 token that is utilized by FreeBitco.in through a Premium Membership Program. FreeBitco.in is incentivizing its 41 million registered users to acquire FUN Tokens by offering premium benefits like cashback rewards, free spins, interest payments on Bitcoin savings etc.

Bitcoin: Only a Bounce or a New Bull? By Dr. Arnout ter Schure - Sep 28, 2023

In our last update, see here, we presented two Elliot Wave Principle (EWP) options for Bitcoin (BTC), as well as its halving-cycle-related four phases. More about those in a later...

Market Makers Focus On BTC and ETH as Retail Trading Apathy Drags By Ruholamin Haqshanas - Sep 05, 2023

Market markers in the digital asset sector are struggling with increasing costs as they take measures to mitigate risks. Market making in digital tokens has historically been...

Circle’s New Protocol Enables Native Interoperability for USDC By Timothy Fries - Jun 27, 2023

Circle, the blockchain firm behind USD Coin (USDC), rolled out a new feature on Tuesday, Cross-Chain Transfer Protocol (CCTP), allowing direct permission-less fund transfers...

Add a Comment

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:

Enrich the conversation
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically.
Use standard writing style. Include punctuation and upper and lower cases.
NOTE: Spam and/or promotional messages and links within a comment will be removed
Avoid profanity, slander or personal attacks directed at an author or another user.
Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I have read and understood Investing.com UK's comment guidelines and agree to the terms described.

I Agree

Write your thoughts here

Are you sure you want to delete this chart?

Delete Cancel

Post

Post also to:

Replace the attached chart with a new chart ?

Replace Cancel

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.

Comments (1)

Rich rreeve Aug 26, 2021 0:51

Follow this post

Unfollow this post

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

I purchased FUN tokens and became a premium member of freebitco.in at the very first offering. My investment in FUN tokens has already seen a 140% ROI in less than 3 months. I am extreamly bullish for this token and I will continue to grow my investment at every oppotunity. As this article indicates, if the FUN token reaches the golden ratio resistance of 0.000003 BTC/FUN, that would mean another 361% growth. The FUN token has a bright future and I believe the ROI I have mentioned is just the start. I expect to see the price of this token continue to grow as the project launches more and more opportunities for users to play. As I said, this is just the start of this investment.

0 0

Report

<div id="comment">
				<div class="comment js-comment" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="230095142">
    <div class="mainComment js-content">
       <div class="commentInnerWrapper">
        <a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody">
                					<span class="commentUsername">
                    	<a href="{userLink}" class="js-user-link js-user-name">{username}</a>
					</span>
                                <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
                <div class="commentDropDown js-commentDropDownWrapper " data-user-id="230095142" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="js-option addRow follow">
            <div class="js-follow-post-button" data-reg_ep="follow comment">
                <span class="alertfollowIcon middle"></span>Follow this post            </div>
            <div class="js-unfollow-post-button displayNoneImp">
                <span class="alertUnfollowIcon middle"></span>Unfollow this post            </div>
        </div>

<div class="addRow js-option save"  data-reg_ep="save comment">
		<a href="javascript:void(0);" class="js-save-item-btn" data-item-type="comments" data-item-id="{commentID}">
			<i class="saveItemBigIcon middle"></i>
			Save		</a>
	</div>
	<div class="addRow saveItemsConfirmation noHover displayNone js-saveItemResult">
		
<div class="content js-saveItemSuccess displayNone">
	<span class="mediumGreenSuccessIcon"></span><span>Saved. See <a href="/members-admin/saved-items" target="_blank">Saved Items</a>.</span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
<div class="content js-saveItemAlreadySaved saveItemAlreadySaved displayNoneImp">
	<span>This comment has already been saved in your <a href="/members-admin/saved-items" target="_blank">Saved Items</a></span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
	</div>

<div class="addRow js-option blockUser js-block-option" data-comment-id="{commentID}"  data-user-id="230095142" data-reg_ep="block user comments">
			<a href="javascript:void(0);">
				<span class="blockIcon middle"></span>Block User			</a>
		</div>
				<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>
                 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div>             </div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="commentBigChart js-comment-chart" onclick="openViewChartPopup('{commentID}')">
					<img src="https://d51-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="230095142">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

<div class="reportComment js-flag float_lang_base_2">
                            <a href="javascript:void(0);" id="commentFlag_{commentID}">
                                <span class="reportCommentIcon middle"></span><span class="inlineblock middle">Report</span>
                            </a>
                        </div>
                    				</div>
					</div>
	   </div>
	</div>
	</div>			</div>
			<div id="reply">
				
    <div class="commentReply js-comment js-comment-reply" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="">
		<div class="commentInnerWrapper"><a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody js-content">
            				<span class="commentUsername">
					<a href="{userLink}" class="commentUsername js-user-link js-user-name" onMouseOver="">{username}</a>
				</span>
                        <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
			 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div> 			<div class="commentDropDown js-commentDropDownWrapper " data-user-id="" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

</div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="replyBigChart displayNone js-comment-chart">
					<img src="https://d51-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
				<span id="commentSmallChart{commentID}" class="commentSmallChart pointer js-comment-chart" onclick="openViewChartPopup('{commentID}')">
                    <img src="https://d51-invdn-com.investing.com/comments_images/{commentImageSmall}" width="116" height="52" alt="{commentAlt}">
                    <span class="chartMagnifyOverlay displayNone"></span>
                    <span class="searchGlassIcon chartMagnify displayNone"></span>
                </span>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

Are you sure you want to delete this chart?

Delete Cancel

Post

Replace the attached chart with a new chart ?

Replace Cancel

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

I feel that this comment is:

Spam

Offensive

Thank You!

Your report has been sent to our moderators for review

Central Banks

Interest Rates

Next Meeting

BOE

5.25%

Nov 02, 2023

ECB

4.50%

Oct 26, 2023

FED

5.50%

Nov 01, 2023

SNB

1.75%

Dec 14, 2023

RBA

4.10%

Oct 03, 2023

BOC

5.00%

Oct 25, 2023

RBNZ

5.50%

Oct 04, 2023

BOJ

-0.10%

Oct 31, 2023

CBR

13.00%

Oct 27, 2023

RBI

6.50%

Oct 06, 2023

PBOC

3.45%

BCB

12.75%

Nov 01, 2023

FTSE 100	7,649.97	+48.12	+0.63%
DAX	15,505.45	+181.95	+1.19%
Euro Stoxx 50	4,212.95	+51.39	+1.23%
S&P 500	4,299.70	+25.19	+0.59%
Nikkei 225	31,861.50	+10.50	+0.03%
Dow Jones	33,666.34	+116.07	+0.35%
FTSE 100 Futures	7,697.0	+43.8	+0.57%

Brent Oil	93.29	+0.19	+0.20%
Crude Oil WTI	92.00	+0.29	+0.32%
Gold	1,893.65	+15.05	+0.80%
Silver	23.608	+0.867	+3.81%
Copper	3.7652	+0.0572	+1.54%
London Cocoa	2,951.00	-27.00	-0.91%
London Wheat	190.35	-1.65	-0.86%

U.K. 10Y	4.4845	-0.0045	-0.10%
U.K. 5Y	4.5680	-0.0130	-0.28%
U.K. 2Y	4.9480	+0.0210	+0.43%
Germany 10Y	2.8315	-0.1365	-4.60%
U.S. 10Y	4.529	-0.073	-1.59%
U.S. 5Y	4.568	-0.075	-1.61%
U.S. 2Y	5.025	-0.046	-0.91%

Lloyds Banking	44.32	+0.07	+0.15%
Vodafone Group PLC	76.55	-1.19	-1.53%
Barclays	158.62	-0.46	-0.29%
BT Group	117.00	+1.10	+0.95%
HSBC	647.10	+2.20	+0.34%
BHP Group Ltd	2,357.50	+17.50	+0.75%
Exxon Mobil	119.47	-0.73	-0.61%

FUN Price Analysis

Related Articles