Topic: HOT Altcoins Trade Ideas - page 27. (Read 16049 times)
ok Guys have two new trade Ideas, have a look and let me know what you think
BitShares – The End Of Correction?
BitShares fell down to 3k satoshi support after reaching the high at 6.6k satoshi in January, while the decline resulted in over a 60% loss to Bitcoin. The strong support was found at 61.8% Fibonacci retracement level, that price failed to break and close below, although spikes lower have been the case.
From 3k support, the price went back up to 4.7k resistance and once again moved down to the 3k support. Currently, BTS/BTC could be forming a double bottom around the support area, which is now also confirmed by the 4/1 Gann Fan trendline as well as the 200 Moving Average which is being rejected yet again.
There is also a possibility that consolidation will take place and price will range between 2.3 and 3k satoshi, nevertheless with the given facts, it looks like the correction is coming to an end.
Source: http://cryptopost.com/bitshares-the-end-of-correction/
BitShares fell down to 3k satoshi support after reaching the high at 6.6k satoshi in January, while the decline resulted in over a 60% loss to Bitcoin. The strong support was found at 61.8% Fibonacci retracement level, that price failed to break and close below, although spikes lower have been the case.
From 3k support, the price went back up to 4.7k resistance and once again moved down to the 3k support. Currently, BTS/BTC could be forming a double bottom around the support area, which is now also confirmed by the 4/1 Gann Fan trendline as well as the 200 Moving Average which is being rejected yet again.
There is also a possibility that consolidation will take place and price will range between 2.3 and 3k satoshi, nevertheless with the given facts, it looks like the correction is coming to an end.
Source: http://cryptopost.com/bitshares-the-end-of-correction/
Ardor Probability Of Reversal
Ardor went all the way down to the 5k satoshi level from the 15k satoshi high, losing almost 70% to the Bitcoin in just one month. The support at 7.3k satoshi was broken together with the Gann Fan trendline and price went lower, to test the next support at 5k satoshi.
This is a very strong support are, ie 4.5-5k satosi, that is a 227.2% Fibonacci retracement level of the corrective wave up after breaking the uptrend trendline. It also confirmed by the 8/1 Gann Fan trendline. And finally, the 200 Moving Average on a Daily chart, that hasn’t proved to be broken as Day has to close below 5k sats.
Considering that RSI oscillator showing the oversold market condition it is likely that Ardor is at the bottom of the correction and could start rising from this point. At the same time 5k satoshi support must be watched for a break and close below, it this case Ardor could go lower.
Source: http://cryptopost.com/ardor-probability-of-reversal/
Ardor went all the way down to the 5k satoshi level from the 15k satoshi high, losing almost 70% to the Bitcoin in just one month. The support at 7.3k satoshi was broken together with the Gann Fan trendline and price went lower, to test the next support at 5k satoshi.
This is a very strong support are, ie 4.5-5k satosi, that is a 227.2% Fibonacci retracement level of the corrective wave up after breaking the uptrend trendline. It also confirmed by the 8/1 Gann Fan trendline. And finally, the 200 Moving Average on a Daily chart, that hasn’t proved to be broken as Day has to close below 5k sats.
Considering that RSI oscillator showing the oversold market condition it is likely that Ardor is at the bottom of the correction and could start rising from this point. At the same time 5k satoshi support must be watched for a break and close below, it this case Ardor could go lower.
Source: http://cryptopost.com/ardor-probability-of-reversal/
Bitcoin Could Have Reached The Bottom
It seems that Bitcoin has finally found the bottom after losing 62% from the all-time high. Fibonacci applied to the breakout of the ascending channel shows that price has reached the final downside target at 0% Fibs at $7555 and rejected it cleanly.
In addition, Fibonacci applied to the corrective wave up after breaking the uptrend trendline shows that the very same price level is at 561.8% retracement. Today Bitcoin rejected the lower trendline of the descending channel, not to mention that on a Daily chart price is rejecting the 200 Moving Average.
And finally, price rejected the 2/1 Gann Fann trendline has acted as a support. Therefore, all the facts so far are in favor of the potential uptrend continuation and pointing out to the end of the correction.
Source: http://cryptopost.com/bitcoin-could-have-reached-the-bottom/
It seems that Bitcoin has finally found the bottom after losing 62% from the all-time high. Fibonacci applied to the breakout of the ascending channel shows that price has reached the final downside target at 0% Fibs at $7555 and rejected it cleanly.
In addition, Fibonacci applied to the corrective wave up after breaking the uptrend trendline shows that the very same price level is at 561.8% retracement. Today Bitcoin rejected the lower trendline of the descending channel, not to mention that on a Daily chart price is rejecting the 200 Moving Average.
And finally, price rejected the 2/1 Gann Fann trendline has acted as a support. Therefore, all the facts so far are in favor of the potential uptrend continuation and pointing out to the end of the correction.
Source: http://cryptopost.com/bitcoin-could-have-reached-the-bottom/
Metaverse – Sky Is Not The Limit
Metaverse is one of the newer coins that holds great potential. Currently, it can be traded on Bitfinex, RightBTC, HitBtc and few other exchanges but potentially could be adopted by most major exchanges in the nearest future.
The price remains very cheap in relation to the “starting price”, which is $2.5 for 1 Metaverse coin. ETP/USD has been ranging between $2 and $6 for the past 4 months, but as of lately it showing the potential for the rise.
Metaverse broke above the descending channel, going up to $6.2. On a corrective wave down price went down and was stopped at 61.8% Fibonacci retracement level and the 4/1 Gann Fan trendline, both of which have been rejected. Then price broke above the downtrend trendline and yet again corrected back to 61.8% Fibs at $2.4.
It seems like a very interesting timing for Metaverse as it could be the starting point for a long-term uptrend. The very first upside target is seen at $12-13 area. If it manages to break above, much bigger growth potential should present itself. On a downside, break and close $1 support could invalidate bullish outlook.
Source: http://cryptopost.com/metaverse-sky-is-not-the-limit/
Metaverse is one of the newer coins that holds great potential. Currently, it can be traded on Bitfinex, RightBTC, HitBtc and few other exchanges but potentially could be adopted by most major exchanges in the nearest future.
The price remains very cheap in relation to the “starting price”, which is $2.5 for 1 Metaverse coin. ETP/USD has been ranging between $2 and $6 for the past 4 months, but as of lately it showing the potential for the rise.
Metaverse broke above the descending channel, going up to $6.2. On a corrective wave down price went down and was stopped at 61.8% Fibonacci retracement level and the 4/1 Gann Fan trendline, both of which have been rejected. Then price broke above the downtrend trendline and yet again corrected back to 61.8% Fibs at $2.4.
It seems like a very interesting timing for Metaverse as it could be the starting point for a long-term uptrend. The very first upside target is seen at $12-13 area. If it manages to break above, much bigger growth potential should present itself. On a downside, break and close $1 support could invalidate bullish outlook.
Source: http://cryptopost.com/metaverse-sky-is-not-the-limit/
BitcoinCash VS Bitcoin Is Now Ready
Not so long ago BitcoinCash was considered the best alternative to Bitcoin and huge grow was expected by most cryptocurrency market participants. Yes, BitcoinCash went up strongly as expected and gained 330% against the Bitcoin in December 2017. While the uptrend continuation was widely expected BCC/BTC started to move lower and corrected from the previous high at btc 0.292 down to btc 0.136 where it found strong support.
At btc 0.136 BitcoinCash rejected the 200 Moving Average and the 8/1 Gann Fan trendline. The following wave up resulted in the descending channel breakout confirming BCC bullish intentions. Although price once again corrected back and again it rejected the 200 Moving Average and failed to break below btc 0.136 support.
The next potential move by BitcoinCash could be yet another wave up, where the uptrend will continue. There are two upside targets that should be watched. First is btc 0.335 and second is btc 0.390, both of which are confirmed by two Fibonacci retracement levels.
Source: http://cryptopost.com/bitcoincash-vs-bitcoin-is-now-ready/
Not so long ago BitcoinCash was considered the best alternative to Bitcoin and huge grow was expected by most cryptocurrency market participants. Yes, BitcoinCash went up strongly as expected and gained 330% against the Bitcoin in December 2017. While the uptrend continuation was widely expected BCC/BTC started to move lower and corrected from the previous high at btc 0.292 down to btc 0.136 where it found strong support.
At btc 0.136 BitcoinCash rejected the 200 Moving Average and the 8/1 Gann Fan trendline. The following wave up resulted in the descending channel breakout confirming BCC bullish intentions. Although price once again corrected back and again it rejected the 200 Moving Average and failed to break below btc 0.136 support.
The next potential move by BitcoinCash could be yet another wave up, where the uptrend will continue. There are two upside targets that should be watched. First is btc 0.335 and second is btc 0.390, both of which are confirmed by two Fibonacci retracement levels.
Source: http://cryptopost.com/bitcoincash-vs-bitcoin-is-now-ready/
Internet Of People 200% Growth Potential
Internet of people reached an all-time high on 2nd of January, hitting $12.86. The price then strongly corrected down to $4.3, losing 65% to USD. Price found the support at the 76.4% Fibonacci retracement level that was rejected cleanly.
IOP/USD then consolidated and returned back to the 8/1 Gann Fan trendline, which today was tested and it seems being rejected. If the support area around $4 holds, IOP is likely to continue moving higher towards $14 target confirmed by two Fibonacci retracement levels applied to the corrective wave down after resistance breakout on 29th of November and the recent corrective wave down after 2/1 Gann Fan trendline breakout.
Therefore, the potential gain could be as high as 200% and this is only the nearest target. On a downside, only break and close below $3 could invalidate bullish outlook.
Source: http://cryptopost.com/internet-of-people-200-growth-potential/
Internet of people reached an all-time high on 2nd of January, hitting $12.86. The price then strongly corrected down to $4.3, losing 65% to USD. Price found the support at the 76.4% Fibonacci retracement level that was rejected cleanly.
IOP/USD then consolidated and returned back to the 8/1 Gann Fan trendline, which today was tested and it seems being rejected. If the support area around $4 holds, IOP is likely to continue moving higher towards $14 target confirmed by two Fibonacci retracement levels applied to the corrective wave down after resistance breakout on 29th of November and the recent corrective wave down after 2/1 Gann Fan trendline breakout.
Therefore, the potential gain could be as high as 200% and this is only the nearest target. On a downside, only break and close below $3 could invalidate bullish outlook.
Source: http://cryptopost.com/internet-of-people-200-growth-potential/
Internet Of People 200% Growth Potential
Internet of people reached an all-time high on 2nd of January, hitting $12.86. The price then strongly corrected down to $4.3, losing 65% to USD. Price found the support at the 76.4% Fibonacci retracement level that was rejected cleanly.
IOP/USD then consolidated and returned back to the 8/1 Gann Fan trendline, which today was tested and it seems being rejected. If the support area around $4 holds, IOP is likely to continue moving higher towards $14 target confirmed by two Fibonacci retracement levels applied to the corrective wave down after resistance breakout on 29th of November and the recent corrective wave down after 2/1 Gann Fan trendline breakout.
Therefore, the potential gain could be as high as 200% and this is only the nearest target. On a downside, only break and close below $3 could invalidate bullish outlook.
Source: http://cryptopost.com/internet-of-people-200-growth-potential/
Internet of people reached an all-time high on 2nd of January, hitting $12.86. The price then strongly corrected down to $4.3, losing 65% to USD. Price found the support at the 76.4% Fibonacci retracement level that was rejected cleanly.
IOP/USD then consolidated and returned back to the 8/1 Gann Fan trendline, which today was tested and it seems being rejected. If the support area around $4 holds, IOP is likely to continue moving higher towards $14 target confirmed by two Fibonacci retracement levels applied to the corrective wave down after resistance breakout on 29th of November and the recent corrective wave down after 2/1 Gann Fan trendline breakout.
Therefore, the potential gain could be as high as 200% and this is only the nearest target. On a downside, only break and close below $3 could invalidate bullish outlook.
Source: http://cryptopost.com/internet-of-people-200-growth-potential/
I think that it doesnt matter which coin you hold, the key is too have only a small number of coins so you can do a deep follow up. I think super small project will bring the DAO vision to reality this year.
Ardor VS Bitcoin- Time To Buy?
Ardor reached the high at 15.2k satoshi after a strong rally resulting in a 490% growth against the Bitcoin. But then a strong corrective move followed where Ardor lost 50%. The correction was stopped at the 61.8% Fibonacci retracement level.
In addition, this support is confirmed by 161.8% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. And finally the 4/1 Gann Fan trendline has also been rejected, together with the 200 Moving Average.
Clearly, there is a massive support at 7.3k satoshi and it is being rejected, suggesting that ARDR/BTC could be ready to continue the uptrend.
However, the risk of further decline is always there, and in case support is broken Ardor could drop to 4.4k satoshi support, but at this point, it seems an unlikely scenario.
Source: http://cryptopost.com/ardor-vs-bitcion-time-to-buy/
Ardor reached the high at 15.2k satoshi after a strong rally resulting in a 490% growth against the Bitcoin. But then a strong corrective move followed where Ardor lost 50%. The correction was stopped at the 61.8% Fibonacci retracement level.
In addition, this support is confirmed by 161.8% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. And finally the 4/1 Gann Fan trendline has also been rejected, together with the 200 Moving Average.
Clearly, there is a massive support at 7.3k satoshi and it is being rejected, suggesting that ARDR/BTC could be ready to continue the uptrend.
However, the risk of further decline is always there, and in case support is broken Ardor could drop to 4.4k satoshi support, but at this point, it seems an unlikely scenario.
Source: http://cryptopost.com/ardor-vs-bitcion-time-to-buy/
EOS Rejected Key Support, What Next?
EOS coin has been one of the most consistent coins during the past three months. It went up from $0.5 up to $18.5, gaining over 3700%! At the same time the bullish trend remains valid as the key support at $11.7 has been rejected and prior to that the 4/1 Gann Fan trendline was also rejected.
EOS/USD continues trading above the 200 Moving Average and while its the case, the uptrend should remain valid. But at the moment the scenario where key support is broken should also be considered. If price breaks below the 38.2% Fibonacci retracement it is likely that EOS will correct further down towards the 61.8% Fibs at $7.4.
On the other hand, the key support has been rejected and there could be an attempt to go lower, but if it remains respected by the market, EOS should continue moving higher, at least to produce the double top at $18.67.
Source: http://cryptopost.com/eos-rejected-key-support-what-next/
EOS coin has been one of the most consistent coins during the past three months. It went up from $0.5 up to $18.5, gaining over 3700%! At the same time the bullish trend remains valid as the key support at $11.7 has been rejected and prior to that the 4/1 Gann Fan trendline was also rejected.
EOS/USD continues trading above the 200 Moving Average and while its the case, the uptrend should remain valid. But at the moment the scenario where key support is broken should also be considered. If price breaks below the 38.2% Fibonacci retracement it is likely that EOS will correct further down towards the 61.8% Fibs at $7.4.
On the other hand, the key support has been rejected and there could be an attempt to go lower, but if it remains respected by the market, EOS should continue moving higher, at least to produce the double top at $18.67.
Source: http://cryptopost.com/eos-rejected-key-support-what-next/
Verium VS Bitcoin Ready For a Jump?
Verim price started to rise on the 11th of December and went up from 13k up to 135k satoshi, resulting in a 958% growth in less than a month. The interesting thing is that VRM/BTC failed to test the 76.4%, but it broke above the 61.8% Fibonacci retracement level.
Price continues to bounce off the 200 Moving Average and the 4/1 Gann Fan trendline, suggesting that the uptrend is likely to continue. First strong resistance is at 76.4% Fibs, that hasn’t been yet tested. While the consolidation period might take some time, the uptrend remains valid and Verium is expected to produce a double top and if resistance is broke could go much higher. Only break and close below 23.6% Fibonacci support at 51k satoshi could invalidate bullish outlook.
Source: http://cryptopost.com/verium-vs-bitcoin-ready-for-a-jump/
Bitcoin is volatile, Verium could get a price jump though does that equal to the number of percentages that Bitcoin does in a single hour? Verim price started to rise on the 11th of December and went up from 13k up to 135k satoshi, resulting in a 958% growth in less than a month. The interesting thing is that VRM/BTC failed to test the 76.4%, but it broke above the 61.8% Fibonacci retracement level.
Price continues to bounce off the 200 Moving Average and the 4/1 Gann Fan trendline, suggesting that the uptrend is likely to continue. First strong resistance is at 76.4% Fibs, that hasn’t been yet tested. While the consolidation period might take some time, the uptrend remains valid and Verium is expected to produce a double top and if resistance is broke could go much higher. Only break and close below 23.6% Fibonacci support at 51k satoshi could invalidate bullish outlook.
Source: http://cryptopost.com/verium-vs-bitcoin-ready-for-a-jump/
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Verium VS Bitcoin Ready For a Jump?
Verim price started to rise on the 11th of December and went up from 13k up to 135k satoshi, resulting in a 958% growth in less than a month. The interesting thing is that VRM/BTC failed to test the 76.4%, but it broke above the 61.8% Fibonacci retracement level.
Price continues to bounce off the 200 Moving Average and the 4/1 Gann Fan trendline, suggesting that the uptrend is likely to continue. First strong resistance is at 76.4% Fibs, that hasn’t been yet tested. While the consolidation period might take some time, the uptrend remains valid and Verium is expected to produce a double top and if resistance is broke could go much higher. Only break and close below 23.6% Fibonacci support at 51k satoshi could invalidate bullish outlook.
Source: http://cryptopost.com/verium-vs-bitcoin-ready-for-a-jump/
Verim price started to rise on the 11th of December and went up from 13k up to 135k satoshi, resulting in a 958% growth in less than a month. The interesting thing is that VRM/BTC failed to test the 76.4%, but it broke above the 61.8% Fibonacci retracement level.
Price continues to bounce off the 200 Moving Average and the 4/1 Gann Fan trendline, suggesting that the uptrend is likely to continue. First strong resistance is at 76.4% Fibs, that hasn’t been yet tested. While the consolidation period might take some time, the uptrend remains valid and Verium is expected to produce a double top and if resistance is broke could go much higher. Only break and close below 23.6% Fibonacci support at 51k satoshi could invalidate bullish outlook.
Source: http://cryptopost.com/verium-vs-bitcoin-ready-for-a-jump/
Stratis VS Bitcoin Showing Clear Uptrend
Stratis is one of the most consistent coins during the past 3 months. It has grown 375% while moving from 34k up to 160k satoshi. Speaking of consistency, STRAT/BTC lost only 35% on the recent correctional move down, which is very low comparing to most coins out there.
Stratis continues to reject the 2/1 Gann Fan trendline and rejected the 261.8% Fibonacci support. At the same time is produces higher highs and higher lows, and all the facts are in favor of a strong valid uptrend.
The first strong resistance is seen at btc 0.0019, that is very close to btc 0.002 psychological round number. This could be the target of the potential upcoming wave up. Break above this resistance will confirm further growth, while rejection could result in yet another correction down. There are a number of support levels, btc 0.0010, 0.0008, 0.0006. But only break and close below btc 0.006 could invalidate bullish outlook.
Source: http://cryptopost.com/stratis-vs-bitcoin-showing-clear-uptrend/
Stratis is one of the most consistent coins during the past 3 months. It has grown 375% while moving from 34k up to 160k satoshi. Speaking of consistency, STRAT/BTC lost only 35% on the recent correctional move down, which is very low comparing to most coins out there.
Stratis continues to reject the 2/1 Gann Fan trendline and rejected the 261.8% Fibonacci support. At the same time is produces higher highs and higher lows, and all the facts are in favor of a strong valid uptrend.
The first strong resistance is seen at btc 0.0019, that is very close to btc 0.002 psychological round number. This could be the target of the potential upcoming wave up. Break above this resistance will confirm further growth, while rejection could result in yet another correction down. There are a number of support levels, btc 0.0010, 0.0008, 0.0006. But only break and close below btc 0.006 could invalidate bullish outlook.
Source: http://cryptopost.com/stratis-vs-bitcoin-showing-clear-uptrend/
Lunyr VS Bitcoin Holds Over 100% Growth Potential
Lunyr major correctional wave down was topped at 29.7k satoshi and price immediately started to gain upside momentum. The growth was exponential resulting in a 1480% gain through the less than two week period.
Price reached the btc 0.0047 and corrected back to the 23.6% Fibonacci retracement level that was rejected cleanly, not to mention that the uptrend trendline was rejected as well. Fibonacci applied to the last major corrective wave down as well as the most recent corrective wave down to btc 0.0019 shows the major resistance. It is where two retracement levels are inline at btc 0.009. Therefore, the potential gain from the current price could be over 100% in the short to medium term.
Source: http://cryptopost.com/lunyr-vs-bitcoin-holds-over-100-growth-potential/
Lunyr major correctional wave down was topped at 29.7k satoshi and price immediately started to gain upside momentum. The growth was exponential resulting in a 1480% gain through the less than two week period.
Price reached the btc 0.0047 and corrected back to the 23.6% Fibonacci retracement level that was rejected cleanly, not to mention that the uptrend trendline was rejected as well. Fibonacci applied to the last major corrective wave down as well as the most recent corrective wave down to btc 0.0019 shows the major resistance. It is where two retracement levels are inline at btc 0.009. Therefore, the potential gain from the current price could be over 100% in the short to medium term.
Source: http://cryptopost.com/lunyr-vs-bitcoin-holds-over-100-growth-potential/
Golem VS Bitcoin Buying Opportunity
Golem found the support at 1550 satoshi, after suffering a major decline from 27700 satoshi, resulting in a 94% loss to the Bitcoin. GNT/BTC then started to rise almost immediately breaking above the 200 Moving Average.
Uptrend continued up until 8900 satoshi where price broke above the descending channel. The corrective wave down followed and currently Golem is trading just below the 200 Moving average but still the uptrend trendline is being rejected. If Golem will not close below 4800 satoshi and the uptrend trendline will hold, the next potential wave up could result in a 150% growth, where price could be reached 11.5k satoshi, at the 38.2% Fibonacci retracement level.
On the other side, if the price will close below the 4800 sats it is possible that Golem once again will test one of the support levels, either 3100 or 3900 sats, before going higher. At this point, price looks very attractive for a medium-term buying opportunity with a relatively low risk.
Source: http://cryptopost.com/golem-vs-bitcoin-buying-opportunity/
Golem found the support at 1550 satoshi, after suffering a major decline from 27700 satoshi, resulting in a 94% loss to the Bitcoin. GNT/BTC then started to rise almost immediately breaking above the 200 Moving Average.
Uptrend continued up until 8900 satoshi where price broke above the descending channel. The corrective wave down followed and currently Golem is trading just below the 200 Moving average but still the uptrend trendline is being rejected. If Golem will not close below 4800 satoshi and the uptrend trendline will hold, the next potential wave up could result in a 150% growth, where price could be reached 11.5k satoshi, at the 38.2% Fibonacci retracement level.
On the other side, if the price will close below the 4800 sats it is possible that Golem once again will test one of the support levels, either 3100 or 3900 sats, before going higher. At this point, price looks very attractive for a medium-term buying opportunity with a relatively low risk.
Source: http://cryptopost.com/golem-vs-bitcoin-buying-opportunity/
Decent VS Bitcoin – Ascending Channel Pattern
Decent found the bottom at 3200 satoshi where it formed a double bottom. Price then rallied upwards testing 24k satoshi, resulting in a 640% growth in just under two weeks.
The following corrective wave down brought price down to 11k satoshi where it found the support. There DCT/BTC rejected the ascending channel and the 200 Moving Average. It appears that from this point onwards price could continue moving higher. The first resistance is sen at 61.8% Fibonacci retracement level applied through the previous high, the second resistance is 261.8% Fibonacci retracement applied to the last corrective wave down. This makes the area between 37k and 39k satoshi makes it a key resistance area as it also corresponds to the upper trendline of the ascending channel.
Source: http://cryptopost.com/decent-vs-bitcoin-ascending-channel-pattern/
Decent found the bottom at 3200 satoshi where it formed a double bottom. Price then rallied upwards testing 24k satoshi, resulting in a 640% growth in just under two weeks.
The following corrective wave down brought price down to 11k satoshi where it found the support. There DCT/BTC rejected the ascending channel and the 200 Moving Average. It appears that from this point onwards price could continue moving higher. The first resistance is sen at 61.8% Fibonacci retracement level applied through the previous high, the second resistance is 261.8% Fibonacci retracement applied to the last corrective wave down. This makes the area between 37k and 39k satoshi makes it a key resistance area as it also corresponds to the upper trendline of the ascending channel.
Source: http://cryptopost.com/decent-vs-bitcoin-ascending-channel-pattern/
8 Coins Which Rejected MA At The Same Time
During current consolidation period, a lot of cryptocurrencies bottomed on the 17th of January. But there is certain similarity amongst 8 particular coins that have some interesting statistics.
The 200 Moving Average is considered a trend revealing indicator which does often shows the long-term support. The similarity of the 8 coins is that they all rejected the 200 MA at the same time. But not all of them performed well during the next 10 days, and here is the comparison up to this date
Steem: 82%
Stellar: +79%
Lunyr: +33%
Basic Attention Token: +32%
Pivx: +21%
Lisk: +20%
SysCoin: +10%
OmiseGo: +13%
This is just to show top performance in regards to above-mentioned statistics, where the clear winners are Steem and Stellar. Will that tendency continue? Only time will tell.
Source: http://cryptopost.com/8-coins-which-rejected-ma-at-the-same-time/
During current consolidation period, a lot of cryptocurrencies bottomed on the 17th of January. But there is certain similarity amongst 8 particular coins that have some interesting statistics.
The 200 Moving Average is considered a trend revealing indicator which does often shows the long-term support. The similarity of the 8 coins is that they all rejected the 200 MA at the same time. But not all of them performed well during the next 10 days, and here is the comparison up to this date
Steem: 82%
Stellar: +79%
Lunyr: +33%
Basic Attention Token: +32%
Pivx: +21%
Lisk: +20%
SysCoin: +10%
OmiseGo: +13%
This is just to show top performance in regards to above-mentioned statistics, where the clear winners are Steem and Stellar. Will that tendency continue? Only time will tell.
Source: http://cryptopost.com/8-coins-which-rejected-ma-at-the-same-time/
Top 3 Most Consistent Coins
During the past couple of month, the crypto market has been going through two major phases.
The first phase, that took place during December 2017, was a strong uptrend amongst most coins, substantial growth, and almost a non-stop rise.
The second phase, that took place During January 2017, was a consolidation phase, where most coins have been correcting down strongly or consolidating.
But there are coins with a better performance, that have shown great stability and consistency during both phases. While most coins were suffering they proved to be the most stable in comparison to the rest cryptocurrencies.
And the winners are:
0X – EOS – NEO
Source: http://cryptopost.com/top-3-most-consistent-coins/
During the past couple of month, the crypto market has been going through two major phases.
The first phase, that took place during December 2017, was a strong uptrend amongst most coins, substantial growth, and almost a non-stop rise.
The second phase, that took place During January 2017, was a consolidation phase, where most coins have been correcting down strongly or consolidating.
But there are coins with a better performance, that have shown great stability and consistency during both phases. While most coins were suffering they proved to be the most stable in comparison to the rest cryptocurrencies.
And the winners are:
0X – EOS – NEO
Source: http://cryptopost.com/top-3-most-consistent-coins/
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