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The Blocknet Protocol is a true peer-to-peer protocol between nodes on different ...
BlockNet continues to produce lower lows and lower highs with a clear downtrend in place. The most recent rejection of the $24 resistance, that is 23.6% Fibonacci retracement level, confirms bearish intentions of the BLOCK/USD.
While the resistance is holding price might drop below the previously established low at $13.75, aiming for the $10 psychological ...
From September up until December 2017, BlockNet has been ranging between $36 and $13, but in January 2018 price broke the range moving above the previous resistance at $36. BLOCK/USD reached the high at $56.
The following corrective move down resulted in price going back to $20 where it rejected the 88.6% Fibonacci retracement level as well s the 8/1 Gann Fan ...