The retrace means nothing as shown by Ichimoku Cloud. Matic staking on Mainnet June 29th :)
Ontology Mainnet 2.0 is June 30th 2020. This should add some bullish sentiment.
We have a breakout here, nice upward trend and green clouds ahead.
Consolidation is tight, green clouds ahead. Bullish
Breaking upwards and heading into green clouds
Green clouds looking good, nice consolidation, looking for breakout then send it!!! Bullish
Here are some fundamentals to explain the breakout. On June 29th Matic will offer Mainnet staking. A major utility for MATIC Token went live today, MATIC Tokens are used to pay gas fees on MATIC network. A percentage of every MATIC transaction will be burnt.
VET continues to live below a sea of red clouds for now. Bearish
I will not be convinced of a reversal until I see green clouds. It's still early after a parabolic run.
MATIC will be offering staking launch on June 29th. Bullish price is likely.
If you look at the relative strength index and the MACD crossing back over into positive territory, I think it is clear HOT will push forward into green territory. Expecting more news soon on real case use. Holochain is better than Blockchain!!
Crypto Markets yawned at the coinbase pro announcement. JP Morgan Coin proved the point that banks will never mass adopt XRP in my opinion. Banks like blockchain technology for cross border payments, but want a STABLE COIN looking forward. XRP could lose value in the 3 second transaction time, this is highly frowned upon. Not looking good below the Ichimoku...
"Buy the rumor sell the news" as the saying goes..... Relative Strength Index clearly shows XRP is overbought.
Too many bullish fundamentals going on looking forward. Institutional investors are putting skin in the game soon. John McAfee gave a prediction of Bitcoin reaching $1 mil by the end of 2020!!! Just my opinion :)
Holochain is a low risk/high reward investment with 1000% + potential in my opinion!!! Still one of the best performing projects in the market this year and for cheap :) Better than Blockchain $$$$$$