There is now a REPV2 that trades in sync with Rep and can be exchanged for 1:1. V2 is a new version of Augur that will work with bets/forecasting by utilizing a blockchain. Interesting idea, people will always want to gamble, seems to be a decent long target for new bull alt coin cycle. Happy whale hunting.
REP BTC Augur -- Potential 450% - 700% + Coming Soon
REP (Augur) seems to have found a bottom now.
On the weekly:
The MACD looks ripe for a pump
The RSI is bullish coming up from oversold.
The 50 Moving Average is nearing the latest price candles.
Bullish volume candles are higher than the bearish for the last several weeks.
On the current weekly wicks down...
Some of the late bloomer alt coins from 2017 are double bottoming and retesting the necks. Rep has recently double bottiom and broke out, now it is retesting with a bullish downward wedge pattern. Risk to reward ratio is very nice where its, it might even got down a tick or two before going up to make an even better one! Rep is available on Kraken and can be...
We have multiple bullish signals coming out of the Augur v2 (REPBTC) chart, let's have a look at those:
1) We have the classic "W pattern". We looked at this one in the past but haven't been mentioning it recently.
The "W" pattern tends to come up at the bottom of a trend and can signal that a reversal is coming.
Since we had a downtrend, seeing this pattern...