With ICOs and Ethereum based ERC20 tokens like Ripple coming under ‘Securities’ investigation, maybe the only honest cryptocurrency has been Maxcoin, even the ‘Bitcoin community’ was ripped apart which in turn has led to multiple blockchain forks.
Maxcoin offers something different, as a unique cryptocurrency that offers a wide pallet of advanced features and security protocols, it came before the massive boom of private run ICOs, looking to make a quick profit on the backs of curious developers and investors. Continue reading Anticipating and Building the Future. SHA3
Chart support and resistance holding and in play.
Chart price has been testing support at 800, if it holds expect resistance close to 1200.
Consolidation Support & Resistance, price is stuck in a range.
Trading likely to be within 900 – 1200, above 1200 look to 1600, if support fails look to bottom resistance at 600.
Key support and resistance are currently in play.
Volume limits will likely restrict any major movements today, consolidating between 900 – 1200.
Chart support holding, bullish momentum is building on trend line.
Price should stabilise around 1.2k today.
Chart pullback to trend line and support level, price is currently in it’s uninflated range.
Further drawdown to 600 level is possible but unlikely, expect swing movements inside this range before next leg up.
Consolidation wedge finishing, trading will be limited inside this range.
Expect low bottom support to hold at 800 with a daily top of 1.4k. Breakout likely at the start of the week.
Consolidation wedge continues to finish, 1k support price continues to hold with 800 acting as a bottom.
Price movements today will be limited within this consolidation (1k – 1.5k) Expect price ranging soon after wedge has formed.
Chart Support holding, low point being tested as stated yesterday. Consolidation wedge has almost finished.
Any breakout now is likely to be limited as downward pressure still remains. After consolidation formed expect large movements.
Current price is likely to remain in the 1k – 1.6k daily range for this day.
Consolidation will likely take place for the next few days, strong support has formed at 1k ($0.10) with resistance at 1.6k ($0.14)
If support fails look to low of of 800 ($0.08), if momentum builds looks to daily high of 1.6k ($0.14)