On the , an seems to be forming which is close to it's apex at the moment. https://www.investopedia.com/terms/a/asc...
Daily 14 looks like it wants to cross above the 50 which would be a sign. Both EMA's are currently beneath the price which is also .
I have been watching the last couple of weeks and I have spotted large buys on Binance (100+ BTC market buys on a regular occasion). The and the confirm heavy accumulation.
NPXS holders receive a monthly 7.32% reward for holding the token.
This amount will decrease to 2.12% after 2018.
Since rewards will decrease significantly, NPXS market makers will most likely look to decrease their position going towards the end of 2018.
The most logical explanation for the heavy accumulation we have been seeing is to create a pump in which these market makers will be looking to decrease their position.
Offcourse this is subject to heavy speculation but both the chart and the fundamental change seem to confirm this.
Always do your own research!
the 14 and 50 EMA on the daily are nearly crossing (should be in the next few days if we keep up this price). Price got pushed back by the new resistance line I have drawn.