This price move could indicate a change in the trend, and may be a sell signal for investors. Tickeron's A.I.dvisor found 32 similar cases, and 32 were successful. Based on this data, the odds of success are 90%. Current price $35.61 is above $29.17 the highest resistance line found by Tickeron's A.I. Throughout the month of 08/23/20 - 09/14/20, the price...
Coinbase Effect: The Altcoin Numeraire (NMR) Jumps 130% On Listing News
It appears that the Coinbase Effect is in full swing. An hour ago, the leading cryptocurrency exchange announced that it will be listing a new coin on its professional trading platform, Coinbase Pro. The cryptocurrency it listed is Numeraire (NMR), a popular altcoin project from 2017, and it...
"Just For Educational Purposes"
NMRUSD Possible future trends:
NMRUSD has a Bullish wedge. If successfully manage to make the bullish movement, the Heaviest resistance ahead is Fibo-1. If it also manages to pass through this resistance line then it can go as high as the next possible resistant points: Fib- 1.61 and 2.61 and higher.
I was recently asked about Numerai
I haven't looked much into it but it looks like a very complex project
I have doubts it will get off the ground but maybe its just my state of mind, always open for another interpretation.
From a TA perspective Scythes are being printed, which result in bullish continuation.
So from a TA perspective it looks quite strong.
Retrace is likely considering the recent volume trend and accumulation.
Pink boxes are targets 1,2,3. They may even be low. Moon is much higher than target 3. Looks very similar to many coins that saw immense buying pressure.
24hr period looks bullish.
21 day period looks bullish.
NMR massive move to the upside last week. Has been coiling ever since in a falling wedge on low volume. MACD wants to cross up, a bullish signal, and we are seeing volume come back in as NMR tries to break out of the wedge pattern. Target: retest of $35, then maybe highs at $50