ICN has been in a death spiral since it pumped closer to 6 USD in the "Great Crypto Summer 2017 Pump". Now it finally has broken the downtrend. By my calculations the AUM of this project should be over 100m USD so traders are not giving much value to the digital asset management platform they are developing and should make a public release later this year. Looking at projects like Steem or Augur and how they are valued, ICN has a lot of upside potential.
Aiming at 50k satoshis in short term.
Aiming at 50k satoshis in short term.
Comment:
not enough buy pressure to continue in uptrend, hugging the main trend line again
Comment:
BTC pump keeps supressing ICN value. Markets see value only in AUM for ICN which is soon larger than their market cap.
Comment:
ICN keeps being raped on BTC ratio. Excepting a hockey stick chart on this sometime in the future.
HOLD or accumulate more
HOLD or accumulate more
Comment:
ICN seems to be releasing their DAA platform today. Order books are so thin so except anything. Even vertical line to 100k satoshis looks possible.
Related Ideas
ICN decider
Cryptohustler
about ICNXBT