The parent for ARDOR and the grand children for IGNIS
Nxt (NXT) uses the blockchain to create an entire ecosystem of decentralized features, all of which require the Nxt currency. Instead of modifying the original Bitcoin source code, as many altcoins have done, Nxt developers wrote their own code in Java from scratch. While Nxt is a public blockchain, licenses...
Ignis (IGNIS) is a cryptocurrency launched in 2018. Ignis has a current supply of 999,449,694 with 761,143,950 in circulation
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Ignis Price (IGNIS)
4 day chart tells me it is a good time to start buying Ignis. Mostly forgotten coin outside the community but it's time to take a second look. Like NXT this is extremely undervalued and the Indicators lined up here tells me it's anytime now will gain against btc.
If your looking for a coin to dollar cost average into Ignis is one. Please view the XRP post that...
Your Blockchain Destination
IgnisIgnis is an essential part of the Ardor platform. It is the main child chain - fully featured and permissionless for everyday transactions with low fees.
All the Ardor platform transaction types and features are available on the Ignis child chain. Furthermore, account-specific functions, such as setting account...
IGNIS followed BTC and dropped broke to the downside through the bottom of the newly formed triangle. We may find new support near the 100 MA or just below (orange line) and may enter another phase of accumulation.
This is not trading or investment advice. These are my observations and I'm just having fun!
Some have asked me about Ignis.
The elevated Bitcoin dominance has kept altcoins, including IGNIS, searching for newer lows. But during the past week IGNIS showed more movement with higher volumes and gave more information to start looking for trends and patterns again.
We can see a quick push through the MA200 and over the cloud. A descending channel formed on...
I was meaning to post this yesterday before the Pump we just had.
We had the price crossed the LowerBband and back above it and still the Stochastic RSI being oversold (Although we should have it out of there)
The Bottom Finder was above 30-40 signalling a bottom this week on 3 occasions which is very strong.
What I would like to see is a close above the 20MA...
Pattern: Gap filling of previous 1W Lower Highs.
Signal: Bullish once the price makes a full test of the 1D Support Zone after being rejected on the 1W Resistance Zone.
Target 0.18000 (the low of the last 1W Lower High).
We have a very strong oversold indication on Ignis.
RSI @ 27
Candle dropped below lower Bollinger band
Stochastic RSI in oversold territory (Though give it 2 weeks or so and it will be better placed)
Holding off for a couple of weeks than drip buying over 2 months from here would be better then to buy now. Along with IOTA Ignis best buy ATM
Ignis formed a bottom at 774 satoshis after which price went up, and reached 1524 satoshis high. Although closing price was below the 23.6% Fibonacci retracement level at 1136 satoshis and below the 200 Moving Average.
On a correction down, IGNIS/BTC rejected the uptrend trendline, went up an rejected the 23.6% Fibs once again. It seems that IGNIS has stuck...
Ardor jumped as I said it would in my last Ardor post regarding the cup and handle. The major growth spurt is coming after the current BTC shakeout of overinflated alts. As of now I'm saying May 2nd will be the date, because...why not :-D