The big pivot zone at 0.00195 – which was outlined in the previous Monero article on 05/23/2016 – should still be watched, even though price is currently trading well underneath this level. On the 26th, this level was used as support/resistance; the 2-hour chart for that day show this quite clearly. The following day, on the 27th, price made it underneath the big support level at 0.0018. And the Monero …
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The June 2nd launch of the Storj open beta managed to push the token’s exchange rate to a high of 0.00026 – quite close to the massive resistance at 0.00028 – but it would seem there wasn’t sufficient momentum to maintain the trend. On May 27th, the trend line was broken and a new lower-low was printed on the following day. Technically speaking: the uptrend is over. My previous article …
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While the Lisk digital token has only been trading for about seven days on the Delaware-based digital currency exchange Poloniex, the Lisk charts show some distinct price level that may be of interest to investors and speculators. For instance, the 0.0008 price level has been used multiple times as support/resistance since May 28th; three times as support between last Thursday and Friday; two times as resistance on Sunday. Since breaking …
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