Obyte failed to be profitable once the team stopped the initial free airdrop method. Since then, the most powerful and comprehensive DAG protocol in the cryptocurrency market has lost around 97% of its ATH value. Nevertheless, the team continues to develop the protocol and has impressively extended its functionality with concepts such as sovereign identity,...
@Obyte (#gbyte) very bullish. Take profit from Fibonacci. Playing above support(last resistance).
Still im waiting Gbyte big bounce. Strong weekly support is at level 21.08$ and daily trendline holds. In the end we can see big bounce up if we get hit from support or we break out from trendline and we get candle close above this line. Right now i dont belive that we break weekly support and going more down. Eyes on this chart.
Checking weekly, bi-weekly and monthly charts. Obyte-USD is in compression for 1078 days, which is just under 3y. I reckon that December will be explosive for this market pair and Obyte-USD will be trading between $200 and $300.
The BITTREX:GBYTEUSD known a violent price correction today. The target @ 34$US is still there. The bearish resistance is futile.
Gann, volume, and some magic. I might just be a little biased, really starting to like the fundamentals on this coin so take this with a Shill Pill. $OBYTE $GBYTE
Obyte was hit hard by speculation during the last bull run, and with only 600,000 coins in circulation its no surprise it fell like a ton of bricks with the market. The good news is, the sharp decline also brought the MAs down quick so a sharp move up is possible. Obyte has made a lot of progress in the meantime from a dev perspective and is set to launch on BITZ...
I see, it exists alredy some changes of the behavior of google trends vs. bitcoin price ... 1.) The price falled in November 2018 AND the people wanted to know - Why? 2.) If the interesting falling (google trends lowers), some (big) investors trying to buy a big chunk - it results in a slowly (!!!) deflation... ((they don't want a hype!!! They are clever... They...