ICXBTC (Icon) originated as an ERC20 Token and is launching their own blockchain and exchange. Korea is big on crypto and when this thing takes off it could blow the eff up! It is being referred to as the Korean ether with big name partnerships already. The move is to invest in tokens that have their own blockchains and the fact that this ERC20 token is branching...
icx looking like its up for some downwards movement and then back up to the top definitely a top pick on my crypto list and worth holding even now. This is just my view on how it will move which is mostly speculation. I am a long holder on Icon.
We have three repeating patterns in this coin. Very particular to the price moving. We will see a possible drop of 10-15% from the last high price.
Entry price needs to be monitored but here are some possibilities.
5470 - 5570
I like to think of ICX as a long holding coin prediction is mid-term.
ICX has broken out on its daily chart in a powerful pattern. we have been lining up on smaller term timeframes all day and a break of highs here could send this on a nice run. we have some very easy risk levels to manage with support from vwap and price underneath
> This is another NEW and promising ICOs from korea which has nice market making strategy.
> The trend based on Google Trend show slower viral accelation while the price is still on the moon.
The price should be around
> Case1 : Small correction $5 usd
> Case2 : True correction $3.5 usd
Or do you think it will still jump to infinity and beyond? :)
I hope you are already in this little monster.
This is the one coin I'm not taking profits from, but buying more of it, every chance I get.
Until END OF January we will have a big rally, up to the mainnet launch.
Targets like 30 USD or more are speculated.
Old ATH broke, now starting the asccend to the higher targets.
Thanks for your likes and...
Coin Summary (As of writing):
About: a decentralized exchange that uses smart contract, nothing new... but it is geared towards korean
Roadmaps: 2018 is planned
Inception: ICO @ Sept 2017
Volume: ICO volume * 2 = ~800,000,000