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)
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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...
Looking at something like this for Ignis. Over the past few days accumulation patterns are becoming more apparant and it looks like the bottom is in for Ignis. Decisision time soon. Target and invalidation on the chart.
**edited a typo**
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!
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