Hello, traders. Let's take a look at XPMBTC on the daily.
After the last high, the price has pulled back dramatically and seems to be forming a falling wedge, which is a potentially bullish reversal pattern. Additionally, the RSI continues to grind down as it fails to breakout of the descending resistance line, but it is approaching oversold conditions. The...
Next positive story about bitcoin prime (and lots of them will come) will boost the price of primecoin to 100k sat at low volume or 150-200k at higher volume.
20-25k is best buy now.
Looks like PrimeCoin has woken up and is looking very promising. Every indicator applied shows it continuing its growth rally for now. 50% Fib retracements are pretty apparent every time it finishes one of its impulses. From the look of it, we are at the end of wave 4 (retracement) before continuing on to the 5th and final wave of the current EW Wave Cycle,...
This is a risky one, dream big, play small, but it's an interesting concept. I guess I see opportunity where others see a dead horse. Supply is 21 million, the RSI doesn't match up neatly but every time it drops into oversold, especially in a cluster of 3, price eventually has a nice pop. Just be Patient. Looking at February or even next summer for a target....
XPM is currently in an ascending triangle and it looks like it's about to break out from it pretty soon. If it does, it might go as high as 2-3x from the current price. It's looking very good. Has really strong support and if the sell out happens it rejects it and brings it back to normal value.
It might go crazy :D
I marked on the chart two important GAP's on weekly chart which are playing important role during price movement. The blue one seems like is respected by the market since may of 2015. Every attempt to go below or above this level is met with strong resistance. The green is the one which I will be observing as this one should act as support for further gains. I...
Explosive moves in this history. Long down trend as seen almost everywhere. I smell a stud run coming soon, I believe this has hit close to bottom so Im thinking only way to go now is up. Holders looking to show faith. Take profit at .000743 or Maybe shortor/take profit at 0.00128.
![XPMBTC: PrimeCoin [XPM] Fired Up And Ready](https://s3.tradingview.com/a/aPNJ50fs_mid.png "PrimeCoin [XPM] Fired Up And Ready")
