Horizen (ZEN) / BTC Main trend. Falling wedge. The graph is logarithmic. Timeframe 1 week. Pivot zones and target levels are shown on the chart. The first target is the resistance of this formation at about 100%. Also, the resistance of the wedge (main trend) will act as a potential trend reversal zone. If the resistance is broken through and consolidates above it, the main trend will reverse.
Fundamental.
The industry's first decentralized and fully customizable sidechain protocol that solves the biggest challenges when applying blockchain solutions to real-world use cases.
Event.
Coin. Mineable. Around December 2, the Horizen blockchain will undergo a halving of the first block reward. This event will take place at block 840,000 in which the block reward will be halved from ZEN 12.5 per block to ZEN 6.25 per block. The remuneration ratio for stakeholder groups will remain the same.
Grayscale
One of the largest funds, Grayscale, whose assets are estimated at more than $ 10 billion, announced publicly on 20 11 2020 in its official twitter that it has this cryptocurrency in its invest. portfolio in the amount of $ 2.8 million. More precisely, it was shown the assets that the fund has. This is easily verified.
On the one hand, you understand that bragging about your crypto portfolio (I do not mean this cryptocurrency), and the overall fantastic balance of the crypto portfolio, can be just manipulation in order to attract the attention and money of investors. In reality, it is quite possible that they have an order of magnitude less cryptocurrencies.
But I will say one thing, for such an average liquid altcoin, $ 2.8 million is a lot. I was very surprised that there is this altkin among only the top alt. You need to understand that if they have a position on this alt, even for half the amount, then with this test cryptocurrency everything will be more than all right in the near future, and it does not matter if the project will fail or not. Although if we compare the total balance and the number of other cryptocurrencies, then the position of this coin is "dust". But, it is the public statement that is important.
I think that over time they themselves will pump this cryptocurrency to the point of inadequacy. All the assets they have will be pumped up heavily, and the lower the liquidity, the higher the percentage.
Grayscale cryptocurrency portfolio in million dollars:
9,658.5 BTC
1.291.6 ETH
ETC 76.4
LTC 67.3
BCH 46.4
ZEC 11.3
XRP 10.2
XLM 1.4
Horizen (ZEN) 2.8
Fundamental.
The industry's first decentralized and fully customizable sidechain protocol that solves the biggest challenges when applying blockchain solutions to real-world use cases.
Event.
Coin. Mineable. Around December 2, the Horizen blockchain will undergo a halving of the first block reward. This event will take place at block 840,000 in which the block reward will be halved from ZEN 12.5 per block to ZEN 6.25 per block. The remuneration ratio for stakeholder groups will remain the same.
Grayscale
One of the largest funds, Grayscale, whose assets are estimated at more than $ 10 billion, announced publicly on 20 11 2020 in its official twitter that it has this cryptocurrency in its invest. portfolio in the amount of $ 2.8 million. More precisely, it was shown the assets that the fund has. This is easily verified.
On the one hand, you understand that bragging about your crypto portfolio (I do not mean this cryptocurrency), and the overall fantastic balance of the crypto portfolio, can be just manipulation in order to attract the attention and money of investors. In reality, it is quite possible that they have an order of magnitude less cryptocurrencies.
But I will say one thing, for such an average liquid altcoin, $ 2.8 million is a lot. I was very surprised that there is this altkin among only the top alt. You need to understand that if they have a position on this alt, even for half the amount, then with this test cryptocurrency everything will be more than all right in the near future, and it does not matter if the project will fail or not. Although if we compare the total balance and the number of other cryptocurrencies, then the position of this coin is "dust". But, it is the public statement that is important.
I think that over time they themselves will pump this cryptocurrency to the point of inadequacy. All the assets they have will be pumped up heavily, and the lower the liquidity, the higher the percentage.
Grayscale cryptocurrency portfolio in million dollars:
9,658.5 BTC
1.291.6 ETH
ETC 76.4
LTC 67.3
BCH 46.4
ZEC 11.3
XRP 10.2
XLM 1.4
Horizen (ZEN) 2.8
Trade closed: target reached:
+140%
Comment:
Trade closed: target reached:
+143%
Comment:
+575
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