Is future blue chip $QF starting its reversal?
- The high-tech @theqfnetwork is showing some signs that it may be starting a reversal.
- On the weekly chart below, we see $QF reclaiming this high-timeframe trendline and climbing above the 0.236 level, which is a very positive sign. I think it speaks volumes about the product, developers, and holders. No doubt $QF bottomed in July. Since then, the volume has increased and the price has 3Xed. I think once we see a close above the 618, we'll have a full-blown reversal and make new highs.
- While I wait for technical confirmation, my bias is that this is the beginning of the reversal for $QF. There are very few projects of this caliber, and it was only a matter of time.
Let's review why $QF is likely reversing from a fundamental standpoint as well:
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They've built a custom consensus engine called SPIN, designed for 100ms block times without compromising security or decentralization.
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The L1 is capable of 0.1 sec finality and 12 sec security
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They boast the highest TPS among L1s at over 10k parallel execution.
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The team has long-term vision and technical expertise. These guys are visionaries... how else do you change the game without being one?
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Mainnet in Q4
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QF will make L2s technically irrelevant.


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