Has the forthcoming rise of numeric currencies begun? The answers, yes, and the knowledge with God is near.
It has been 15 heavy months for investors in the crypto markets since they peaked in January 2108, when they fell in a harsh price correction to lose from their market value 80% to 90%. On various digital currencies, this correction, even if it was signed, warned us against it in its time with more than one article that can be referred to, but it exceeded expectations and price logic
What matters to us in this scene is what has been happening since the past few weeks and in the past few days, when the small investors exited or neglected the market, we found that there are those who take advantage of opportunities for smart assembly The calm and boring is the nature of this stage, where investment monitors with aggregate momentum are now monitored on a number of leading currencies within the list of leaders 15 and we began to see cohesion of many currencies above the lows that they achieved in February 2019
We follow in the previous chart the price movement of the market value of the total digital currencies, an important measure we recommend friends to follow it is available on the Trading View website, we monitor a rise in trading volumes back to us The date of the discharge summits at the end of 2017 and the beginning of 2018, with an important fundamental difference , Zaho, we are today at lows levels, as we monitor the price behavior of a number of technical indicators with positive breakthroughs and numbers not recorded from the days of the discharge summits
We expect that the cryptocurrency markets are going to strong gains during the coming days and weeks that may start at any time and aim to return to $ 220 billion at the minimum from the reality of measuring the index that is trading Today at 135 billion, this means that an expected rise by more than 70% to the next resistance point and if the market crosses it, we will see numbers of 300 billion to achieve an expected rise of more than 125%.
This movement will be positively reflected on many leading digital currencies, which I believe is a candidate for an ascend that exceeds these percentages, the most important of which are the following currencies, ethereum, ripple, styler, cardano, niu EOS, IOTA, Dash, and of course the bitcoin that we expect to return to the level of 6 thousand dollars as the first resistance and an important profit-taking station, which is now trading at 4050 dollars and exceeding 4200 will gain strong bullish momentum to consolidate the gains of the rest of the leading digital currencies that carry serious real projects in these The next financial revolution.
Our recommendation to invest in digital currencies while maintaining and speculating
It may be the best financial asset for achieving returns ratios that will not be achieved by commodities and stocks, whether in local markets or ...