With BTC rising in the past few days, many alts are going up too. Not necessarily in BTC value, but definitely in USD value. FACTOM's rollout of the major network update seems successful. Polo has re-enabled the wallet and most delayed transaction came through by now. Some final touches and the network seems to be ready for an Exodus launch half May.
With this perspective in mind traders have brought FCT price to the 0.006-0.0065 range, a major resistance) and it seems to keep up the positive spirit. FCT seems to be in the middle of some consolidation within this price range and while BTC keeps rising, FCT's dollar value keeps going up. Every minor drop seems to be an excellent buying opportunity.
Exodus seems to be the next trigger that will send FCT price significantly higher in the coming weeks. Leaving the current BTC price range of 0.006-0.0065 will trigger a massive volume increase with a major price effect. When exactly this will happen is still a question mark, but in my view this is more a matter of days and definitely way before the actual launch of Exodus as whales will try to beat each other in being 'the first'.
After this? Well, remember the three 'very large financial institutions' FACTOM is in negotiations with? Wait for one of these names to be announced....
With this perspective in mind traders have brought FCT price to the 0.006-0.0065 range, a major resistance) and it seems to keep up the positive spirit. FCT seems to be in the middle of some consolidation within this price range and while BTC keeps rising, FCT's dollar value keeps going up. Every minor drop seems to be an excellent buying opportunity.
Exodus seems to be the next trigger that will send FCT price significantly higher in the coming weeks. Leaving the current BTC price range of 0.006-0.0065 will trigger a massive volume increase with a major price effect. When exactly this will happen is still a question mark, but in my view this is more a matter of days and definitely way before the actual launch of Exodus as whales will try to beat each other in being 'the first'.
After this? Well, remember the three 'very large financial institutions' FACTOM is in negotiations with? Wait for one of these names to be announced....