usaoscoin

Namecoin Sitting on Long Term Support

Long
BTCE:NMCUSD   None
Namecoin (NMC) is currently sitting on long term support. As it takes more and more money to move Bitcoin , the alternative cryptocurrencies will start to pick up. It's a no brainer to throw a few dollars onto this at the bottom with small risk (stop under $2-$2.1) or wait for the break out at around $2.8-$3. It has already sailed through the long term resistance (cyan solid line).

NMC is Bitcoin's younger brother and was the second cryptocurrency to be launched under Satoshi Nakamoto's direction.

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