I think it is safe to say that the multi-week pennant has been broken, however with every small break out come a upturn with the indicators obviously. Do note the 50 RSI bounce on the daily. Now that there has been a small market move, I would expect to see some increased volatility, in both directions under lower volume conditions for another indicator reset over the next week to 10 days.. Of course this is on longer Time frames. Shorter time frames seem to be respecting typical fib retracements for the moment. All in all VRC(Vericoin) seems to be in good shape, with a slow and steady upwards momentum.
Interesting points of interest in the past week that may have nudged the move just out of the pennant:
<-- English version & Chinese Version --> Only a few days old & announcing some blockchain 1st's. The VRC Development team has always innovated, and never simply 'copy-pasted' new technological ideas in the cryptography space. This is very a very important and notable difference between many of the coins that exist in the space that are simply nothing special nor innovative, catching these gems early is a huge key in this, especially when there is no wild hype yet.
Their Slack community is growing quite fast in fact when I have learned about it there were only 150 or so members, it is now 360 as of this writing up 2x in just 2 or so weeks. Community growth is always a plus.
Slack community chat found here: vericoinandveriuminvite.herokuapp.com/
Twitter: twitter.com/VeriCoin
Home Page: www.vericoin.info/
If your inclined to toss me a thank you that would be great, hopefully this has been good information for you.
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
Interesting points of interest in the past week that may have nudged the move just out of the pennant:
<-- English version & Chinese Version --> Only a few days old & announcing some blockchain 1st's. The VRC Development team has always innovated, and never simply 'copy-pasted' new technological ideas in the cryptography space. This is very a very important and notable difference between many of the coins that exist in the space that are simply nothing special nor innovative, catching these gems early is a huge key in this, especially when there is no wild hype yet.
Their Slack community is growing quite fast in fact when I have learned about it there were only 150 or so members, it is now 360 as of this writing up 2x in just 2 or so weeks. Community growth is always a plus.
Slack community chat found here: vericoinandveriuminvite.herokuapp.com/
Twitter: twitter.com/VeriCoin
Home Page: www.vericoin.info/
If your inclined to toss me a thank you that would be great, hopefully this has been good information for you.
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq