Debunking the Energy Argument and the Future of Proof-of-Work
It tried to test the monthly level back in September 17th 2018 and it was rejected creating new lows and more weekly levels. It seems that the last clear monthly level is around 366 satoshis and the newly created levels that have been formed for weekly moves are 230 satoshis, 179 satoshis and then 107 satoshis. #GRC it is currently trading at 69 satoshis and its...
Technical analysis: . Gridcoin/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Chart speaks itself! Less is More! Nothing to say here. I got my bag and waiting for it. Avoid going long below the last support level that built in Nov 2016. It was the time when I Joined the crypto. For a safe trade, You can wait 1D Chart open-close above 0.0055 ! What I really want to say is that ; A Harvard professor once asked his students to do a...
safe entry : 119sats - 130sats mid target : 1. 150 sats 2. 225sats 3. 310sats 4. moon good luck,. enjoy
Waiting on a hidden bull div as this pos rides the bottom out into the green zone. depending on your entry id say a safe 3-4x is completely doable.
GridCoin is painting a possible cycle fractal. GRCBTC is currently almost at ATL cant hurt if you buy a bit and sell for an eventual 5-10x.
Technical analysis: . GridCoin/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary...
Technical analysis: . GridCoin/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary...
Technical analysis: . Gridcoin/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . Gridcoin/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
GridCoin(GRC) is at a strong support, where it has increased a lot the previous times it has reached this point. It seems to stay inside the rectangle, with a range of almost 10x. The thing that worries me is 1. The low volume & 2. That it has been at the support for a while, with not much action. The previous times, it would spike back up once it touched the...
GRC is on the bottom now. ready for new ath.
Technical analysis: . GRIDCOIN/BITCOIN is in a range bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. Trading suggestion: . The price is in a range bound, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support...
Technical analysis: . GRIDCOIN/BITCOIN is in a range bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. Trading suggestion: . The price is in a range bound, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support...
Looking at previous satoshi cycles there is a lot of potential in this chart. (This is not financial advice, this is a volatile market where anything can happen)
Gridcoin looks like it recently passed a short negative correlation, but looks like another breakout is possible. The surpassing of 8 cent, and maybe even the 10 cents benchmarks looks possible this year. If people realize the technological potential behind its Boinc software, it can even surpass a 15 cent price mark. Really Gridcoin is still one of those under...
-GRC was in new market cycle and did not run like 90% of other coins in dec/jan, the run was interrupted by BTC drop. -price stable for some time and sitting on support -downtrend volume bottomed, and RSI oversold on 1D --> bear power is steamed off. -we are also near the very bottom around 0.00004 so unlikely to drop much. --> little people willing to sell at...