Here I share an overview of possible consolidation and breakout I've seen play out many times in the crypto market.
I have no idea why these things happen but I've traded this scenario on TRX, STORM, NCASH and POA to name a few.
So it looks like RPX is in a consolidation. Will be watching for it to breakout of daily channel with heavy volume and then for others to get excited and then FOMO in. Will be scalping all the way up if that happens.
Also, already in trades as well.
I am not a licensed financial advisor in any way shape or form.
This video and everything I say about trading, cryptocurrencies, money, life or anything in general should not be taken as financial advice.
Everything I say or write is my opinion. Make sure you do your own research and base all your decisions on what you find yourself. I’m simply stating opinions. I am not giving financial advice, trade advice, or any financial advice in any way whatsoever. Everything I write or state is an opinion.
Thanks for the video, love hearing your thoughts! I'm in agreement, and have noticed the same trend with the coins you mentioned as well. We'll see what happens!
BiT73x
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Thank for your insight and thoughts on Rpx/btc.
I find Rpx being very undervalued as many other coins in the market,but on bigger perspective it looks like accumulation is happening and it will most likely do a jump very soon.
Previous Supportlevel on Rpx have been around 1200 area.
I Also would like to mention that Rpx will have a platform live ,and staking from Q3 this year so this one might end up being a keeper for the longer terms as well.
RexDogActual
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@BiT73x, thank you for the comment and sharing the news. I'll put it in our system to track and be aware of. I agree the more I look into it does have some good upside promise based on future dev.
BiT73x
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@xkavalis,
Yes I am very positive to the project itself.
And let there be no doubt: !!! Im also already in this trade.!!!
No intention to shill anything but spreading awareness about the project itself with no shame;)
The platform itself will be launched in Q3 and already existing customers will be migrated into this.
Other Info gathered:
*Roadmap
Q2 - 2018:
RPX-based platform beta test
Cloud Event data feed beta test integration
Market data feed integration
Alternative data partnerships and integration
Partnerships and integration with financial advisors, asset managers, brokerages, and their respective online / mobile apps
Q3/Q4 - 2018:
Launch of new RPX-based open research platform
Full integration of Cloud Event data feed
Begin development of AI-based Intelligent Assistant for premium customers
Research coverage expansion to Asia-Pacific
Stock watchlists and multiple portfolio tracking features along with “followable” portfolios
Begin development of B2B market & business intelligence engine for custom analysis and insights
The info and general sites regarding Rpx is from here: