Psychological Levels in Numbers
In finance, psychological level, is
a price level in technical analysis that significantly affects the price of an underlying security, commodity or a derivative. Typically, the number is something that is "easy to remember," such as a rounded-off number (
Source).
When an asset's price breaks through its next high and rises by one digit, it initially causes psychological discomfort in people. Imagine an Anonymous Number that was worth 950 TON yesterday and is worth 1,123 TON today.
The price of numbers started at 9 TON ($18), so their important psychological levels are:
10 TON-100 TON-1,000 TON-10,000 TON-100,000 TON…
$100-$1,000-$10,000-$100,000-$1,000,000…
While writing this article, we noticed a truly fundamental pattern. We discovered that important $ and TON levels alternate! Live and learn, as they say.
Dates when the price broke through an important level:
10 TON: December 14, 2022;
$100: February 27, 2023 (
75 days later);
100 TON: May 12, 2023 (
74 days later);
$1,000:
August 14, 2024 (
460 days later);
1,000 TON:
October 11, 2025 (
423 days later).
As we can see, the cycles lengthen and, after moving from 2-digit to 3-digit values, they last 74-75 days, and from 3-digit to 4-digit values, they last 423-460 days. Thus, as a result of
extrapolation that has no scientific basis and does not stand up to scrutiny, we can assume that:
The next important milestone will be the $10,000 level which will reach $10,000 between December 2027 and December 2032;
After reaching $10,000, the Floor Price will reach 10,000 TON between March 2030 and February 2040.
By then, numbers will become a true status symbol and
will be available only to the wealthiest cryptonaires!
#roadto10k
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