Since 27 June where ADA uptrend reversed to a downtrend signalled by the 4H 200 EMA negative cross-over, ADA has now again reversed its trend by a positive 4H 200 EMA cross-over. A new short term bull trend could start right now!
SingularityNET has just expanded its partnership with People Insurance Company of China which emphasizes their ability to get access to large international companies which bodes well for the future.
Technical AGI also looks attractive with the bottom formed.
The altcoins just positively tested the long term trend line, is now again trading above the golden 0.618 FIB ratio and if prices stay at current level then we are now trading above the 21W MA again which indicates bullish momentum short term.
The bottom for the altcoins may just have kicked in this week.
If Theta turn 0.786 FIB level into support then rally towards ETH could shortly start.
0.786 FIB also confluence with key support level based on past trading level at USD ~0.00056.
Taking into consideration that Theta has just launched joint marketing campaign with BRAVE also create boost to price and adoption.
After NEO yesterday announced that NEO and Ontology will cooperate on a interoperability protocol and additionally adjusting their strategy with NEO as the asset platform and Ontology as the identity platform without creating a new token for the interoperability platform, I believe it significantly improved the future prospects for NEO.
Although dependent on the...