2019年 3月 の投稿一覧

Technical Analysis of IOTA

According to the rules of technical analysis, the “bearish” trend of this cryptocurrency is still very strong. Some analysts believe that the end capitulation is right around the corner and they hope that this 15-month-long correction was a lesson to those new to crypto investing. My opinion is that IOTA could be a very good investment opportunity and putting a reasonable amount of money into IOTA could potentially turn out to be an excellent investment. IOTA has already teamed up with the likes of Accenture and Deutsche Telekom, with ambitions for additional big partners in the future. IOTA is a cryptocurrency designed for the Internet of Things (IoT). There is no concept of block or blockchain and thus no concept of mining. This also means there are no transaction fees. It uses a different data structure, tangle, which is based on a directed acyclic graph. When we look at the 1-year chart we can see that IOTA is moving in “downtrend” and as long IOTA is below $1 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $0.2 and $0.4 – If the IOTA jumps above $0.5 that would be a “BUY” signal and the open way to $0.6. If the IOTA jumps above  $1 that could be a strong signal of the trend reversal and the open way to $1.5. On the other side, if the IOTA falls below $0.2 that will be a strong signal “SELL” signal and the next target could be around $0.15.

Advice: The positive news for the cryptocurrency market is that the price of Bitcoin advanced again above $4000. IOTA has a very good risk/reward ratio in the market right now which means you stand to gain a lot more for taking a comparatively smaller risk. IOTA can be a very good investment option according to estimates and some predictions say that this cryptocurrency could be above $4 in the next several years. As for the technical picture, the IOTA remains in bearish phase but if the price advances above $1, short-term traders can enter the position with the stop loss at $0.9 and take profit at $1.3 or even $1.5.

Technical Analysis of Dash

Dash is a privacy-focused cryptocurrency that was released in early 2014 under the original name of DarkCoin (DRK). The main advantages of this cryptocurrency are low fees, quick confirmation times and a moderate level of anonymity. According to estimates, Dash is one of the cryptocurrencies which you should definitely not ignore and this cryptocurrency might still be undervalued despite all the problems. The positive thing is that lots of partners are already supporting this cryptocurrency and Dash is already connected with various payment programs. It is also important to say that Dash solves two of Bitcoin’s biggest problems: speed of transactions and the lack of privacy. When we look at the 1-year chart we can see that Dash is moving in “downtrend”. As long Dash is below $400 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $90 and $100 – If the Dash jumps above $200 that would be a “BUY” signal and the open way to $300 or even $400. If the Dash jumps above  $400 that could be a strong signal of the trend reversal and the open way to $500. On the other side, if the Dash falls below $90 that will be a strong signal “SELL” signal and the next target could be around $80.

Advice: All major cryptocurrency have advanced in the last several weeks but despite this, the cryptocurrency market is still under the pressure and for now, the “bearish” trend remains intact. The price of Dash is still under the pressure and for now, we can not see the “light” at the end of the tunnel. In my opinion, this is still very risky cryptocurrency but Dash can be a very good investment option and some predictions say that this cryptocurrency could be above $1 000 in the next several years. As for the technical picture, the Dash remains in bearish phase but if the price advances above $200 next targets could be located around $280 and $300.
 
 
 

Technical Analysis of Bitcoin Cash

All major cryptocurrency have advanced in the last several weeks but despite this, the cryptocurrency market is still under the pressure and for now, the “bearish” trend remains intact. The price of Bitcoin Cash has advanced from $105 above $160 in less than 60 days and the current price stands around $154. According to some estimates, Bitcoin Cash will not be able to replace Bitcoin and many skeptics believe it may not survive in the long-term. This is a highly speculative cryptocurrency and still very risky, I also think that there are lots of other cryptocurrencies with bigger potential and with less risk. When we look at the 1-year chart we can see that Bitcoin Cash is moving in “downtrend” and as long Bitcoin Cash is below $1 000 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $100 and $200 – If the Bitcoin Cash jumps above $200 that would be a “BUY” signal and the open way to $250 and $300. If the Bitcoin Cash jumps above  $1 000 that could be a strong signal of the trend reversal and the open way to $1 500. On the other side, if the BTH falls below $100 that will be a signal “SELL” signal and the next target could be around $80 or even $50.

Advice: Bitcoin Cash aims to take Bitcoin in a new direction geared towards faster transaction speeds and lower fees. The price of Bitcoin Cash has been in the “bearish” phase since January 2018 but we can not say that the lowest price in December 2018 is the end of this phase. This is a highly speculative cryptocurrency and still very risky, I also think that there are lots of other cryptocurrencies with bigger potential and with less risk. As for the technical picture, the Bitcoin Cash remains in bearish phase but if the price advances above $200, short-term traders can enter the position with the stop loss at $185 and take profit at $250 or even $300.

Technical Analysis of Bitcoin

The price of Bitcoin is again above $4000 but the cryptocurrency market is still under the pressure and for now, the “bearish” trend remains intact. Bitcoin is the first cryptocurrency to have existed and receive wide acceptance, it enjoys the support of both developers and users communities. Bitcoin cannot be stopped by the “hardfork” and this cryptocurrency can be accessed by everyone on the internet. The highest price of Bitcoin was above $19 000, a number of reasons have pushed Bitcoin to record highs, such as legalization of the currency in Japan for payments, boosted interest from other big countries, as well as the conclusion of a debate about the future of the cryptocurrency. When we look at the 1-year chart we can see that Bitcoin is moving in “downtrend”.  Short term support and resistance levels are $3 500 and $4 500 – If the Bitcoin jumps above $5 000 that would be a “BUY” signal and the open way to $6 000. If the Bitcoin jumps above  $10 000 that could be a strong signal of the trend reversal and the open way to $12 000. On the other side, if the BTC falls below $3 500 that will be a strong signal “SELL” signal and the next target could be around $3 000 or even $2 500.

Advice: The price of Bitcoin has been in the “bearish” phase since January 2018 but we can not say that the lowest price in December 2018 is the end of this phase. This is a highly speculative cryptocurrency and still very risky, I also think that there are lots of other cryptocurrencies with bigger potential and with less risk. As for the technical picture, the Bitcoin remains in bearish phase but if the price advances above $5 000, short-term traders can enter the position with the stop loss at $4 800 and take profit at $5 800 or even $6 000.

Technical Analysis of Ethereum Classic

Ethereum Classic is a peer-to-peer computing platform and the main advantage of Ethereum Classic is that this platform is more secure compared to Ethereum’s platform. The price of Ethereum Classic has been in the “bearish” phase since January 2018 but we can not say for sure that the lowest price in December 2018 was the end of this phase. Starting life as Ethereum, Ethereum Classic (and its value token, ETC) is the result of a long debate over how cryptocurrencies should handle disagreements within the community and data hacks. In my opinion, this is still very risky cryptocurrency but Ethereum Classic can be a very good investment option and some predictions say that this cryptocurrency could be above $100 in the next several years. When we look at the 1-year chart we can see that Ethereum Classic is moving in “downtrend” and as long Ethereum Classic is below $20 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $4 and $8 – If the Ethereum Classic jumps above $10 that would be a “BUY” signal and the open way to $12 or even $16. If the Ethereum Classic jumps above  $20 that could be a strong signal of the trend reversal and the open way to $30. On the other side, if the Ethereum Classic falls below $4 that will be a strong signal “SELL” signal and the next target could be around $3.

Advice: According to estimates, ETC is one of the cryptocurrencies which you should definitely not ignore and this cryptocurrency might still be undervalued despite all the problems. As for the technical picture, the Ethereum Classic remains in bearish phase but if the price advances above $10 next targets could be located around $12 and $15. On the other side, if the Ethereum Classic falls below $4 that will be a strong signal “SELL” signal and the next target could be around $3.5.

Technical Analysis of Ripple

The price of Ripple has been in the “bearish” phase since January 2018 but we can not say that the lowest price in August 2018 is the end of this phase. Ripple can be a very good investment option according to estimates and some predictions say that this cryptocurrency could be above $5 in the next several years. Yes, it is true that the price could fall even more but the current price of XRP stands around $0.31 and this is very close to strong support which stands at $0.30. Ripple has been increasingly adopted by banks and payment networks, some important names include UniCredit, UBS & Santander, Global Payments Steering Group. When we look at the 1-year chart we can see that Ripple is moving in “downtrend”. As long Ripple is below $1 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $0.3 and $0.4 – If the Ripple jumps above $0.6 that would be a “BUY” signal and the open way to $0.8. If the Ripple jumps above  $1 that could be a strong signal of the trend reversal and the open way to $1.5. On the other side, if the XRP falls below $0.3 that will be a strong signal “SELL” signal and the next target could be around $0.25.

Advice: According to estimates, Ripple (XRP) is one of the cryptocurrencies which you should definitely not ignore and this cryptocurrency might still be undervalued despite the current situation on the cryptocurrency market. Ripple is an open source digital payment network which is also used by banks, the network is extremely fast and payments in XRP take around 4 seconds. It is important to say that all accounts and transactions have strong security and they are algorithmically verified. Ripple has a mission to become the go-to blockchain for big banks and financial institutions. My opinion is that XRP could be a very good investment opportunity and putting a reasonable amount of money into XRP could potentially turn out to be an excellent investment. As for the technical picture, the XRP remains in bearish phase but if the price advances above $1, short-term traders can enter the position with the stop loss at $0.9 and take profit at $1.3 or even $1.5.
 

Technical Analysis of Polymath

The current price of Polymath (POLY) is close to the strong support level which stands at $0.10 but we can not say for sure that this is a bottom. The Polymath Network is a blockchain-based system to coordinate and incentivize participants to collaborate and launch financial products on the blockchain. Polymath has own token known as POLY and this token is used to issue securities on Polymath and interact with the platform. In my opinion, this is a highly speculative cryptocurrency and still very risky but lots of analysts agree that Polymath (POLY) is currently at a point where it has the potential to make very big gains. When we look at the 1-year chart we can see that Polymath (POLY) is moving in “downtrend”. As long Polymath is below $0.4 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $0.10 and $0.20 – If the Polymath jumps above $0.20 that would be a “BUY” signal and the open way to $0.30 or even $0.35. If the Polymath jumps above  $0.40 that could be a strong signal of the trend reversal and the open way to $0.50. On the other side, if the Polymath falls below $0.1 that will be a strong signal “SELL” signal and the next target could be around $0.05.

Advice: The price of Polymath (POLY)  is still under the pressure and for now, we can not see the “light” at the end of the tunnel. In my opinion, this is a highly speculative cryptocurrency and still very risky, I would invest only a small sum of money in this cryptocurrency. According to estimates, Polymath (POLY) is one of the cryptocurrencies which you should definitely not ignore and this cryptocurrency might still be undervalued despite all the problems. As for the technical picture, the Polymath remains in bearish phase but if the price advances above $0.40 next targets could be located around $0.50 and $0.60. On the other side, if the Polymath falls once again below $0.10 that will be a strong signal “SELL” signal and the next target could be around $0.05.

Technical Analysis of Zcash

Zcash is a cryptocurrency with a strong emphasis on privacy and identity protection. Zcash maintains the features of a public blockchain while enabling completely anonymous transactions. Zcash is different from Bitcoin because Zcash only shows that a transaction occurred while the Bitcoin blockchain keeps a record of every transaction. This cryptocurrency can also be used as payment and the positive thing is that lots of partners are already supporting the Zcash. In my opinion, this is a highly speculative cryptocurrency and still very risky but lots of analysts agree that Zcash (ZEC) is currently at a point where it has the potential to make very big gains. When we look at the 1-year chart we can see that ZEC is moving in “downtrend”. As long ZEC is below $200 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $50 and $100 – If the ZEC jumps above $100 that would be a “BUY” signal and the open way to $130 or even $150. If the ZEC jumps above  $200 that could be a strong signal of the trend reversal and the open way to $250. On the other side, if the ZEC falls below $50 that will be a strong signal “SELL” signal and the next target could be around $40.

Advice: In my opinion, this is a highly speculative cryptocurrency and still very risky, I would invest only a small sum of money in this cryptocurrency. The price of Zcash is close to the strong support level which stands at $50 but we can not say for sure that this is a bottom. The cryptocurrency market is still under the pressure and for now, there is no important reason to change this negative trend. As for the technical picture, the ZEC remains in bearish phase but if the price advances above $100 next targets could be located around $130 and $150. On the other side, if the ZEC falls below $50 that will be a strong signal “SELL” signal and the next target could be around $40.
 

Technical Analysis of IOTA

IOTA is a cryptocurrency designed for the Internet of Things (IoT). There is no concept of block or blockchain and thus no concept of mining. This also means there are no transaction fees. It uses a different data structure, tangle, which is based on a directed acyclic graph. My opinion is that IOTA could be a very good investment opportunity and putting a reasonable amount of money into IOTA could potentially turn out to be an excellent investment. This cryptocurrency has a very good risk/reward ratio in the market right now which means you stand to gain a lot more for taking a comparatively smaller risk. IOTA has already teamed up with the likes of Accenture and Deutsche Telekom, with ambitions for additional big partners in the future. When we look at the 1-year chart we can see that IOTA is moving in “downtrend” and as long IOTA is below $1 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $0.2 and $0.4 – If the IOTA jumps above $0.5 that would be a “BUY” signal and the open way to $0.6. If the IOTA jumps above  $1 that could be a strong signal of the trend reversal and the open way to $1.5. On the other side, if the IOTA falls below $0.2 that will be a strong signal “SELL” signal and the next target could be around $0.15.

Advice: IOTA can be a very good investment option according to estimates and some predictions say that this cryptocurrency could be above $4 in the next several years. As for the technical picture, the IOTA remains in bearish phase but if the price advances above $1, short-term traders can enter the position with the stop loss at $0.9 and take profit at $1.3 or even $1.5.

Best Crypto Games to Earn Coins

 
There are a lot of ways that you can earn crypto coins without the need to deposit any equivalent crypto token or the fiat equivalent. From the use of faucet sites, to taking of polls, even freelance works. The problem with this form of earning however is that you will earn crypto coins in fractions which is always small, compared to the time invested in them. Plus it is outright boring; trust me, I have been there.
Any ways, how about earning coins and having fun doing it? There are quite a lot of ways you could do this and one of them is through the playing of games. These games allow you to earn coins or digital tokens which can be exchanged for any coin that is approved by the developers. And these games aren’t just any games, they are games that you can actually get lost in, eliminating the feeling of time wastage and of course; boredom. There are many of these games, but I can only give few. So without wasting much time, below are the best games to earn cryptocurrency coins.
Trading Games

  1. Altcoin Fantasy

The Altcoin Fantasy In this game, there is a leaderb that promises to teach you how to trade crypto within a risk-free environment. Test your trading skills on a competitive leaderboard environment without sacrificing any of your own hard earned money.
Altcoin Fantasy opens their doors to the public in January 2018. You can trade on their website or mobile app which is compatible with both Android and iOS devices. They’re currently available to US and Canadian residents and are looking to expand to Japan, South Korea, and Hong Kong very soo

2. SparkProfit

SparkProfit is a virtual cryptocurrency trading game that you can play anytime and anywhere. With this game, you get to learn skills on trading with cryptocurrency without risks. The game has a simulation in which a player can make predictions on real life financial market exchanges, and it is not just cryptocurrency, Forex is included. The more accurate your predictions are, the more points you earn. These points are eventually converted to any crypto coin of your choice

3. Huntercoin

If you’re a consistent gamer, then you will know massively multiplayer online role-playing games (MMORPG). They are games that enable the participation of a lot of players. With cryptocurrency, a new phase of these games known as massively multiplayer online crypto-coin game (MMOCG) has been on the rise. Huntercoin is one of the first generational games of this phase. For a player in this game, you are faced with two objectives;

  • Hunt for coins and take them to the bank
  • Kill other hunters while doing this

Players are rewarded for every action that they take with crypto coins. Of a player is killed, their collected coins are released back into the map, making them available for others to fight for. The tokens collected in the game are Huntercoins which of course, is not worth much in the market capitalization index But you can trade Huntercoin for Bitcoin on Poloniex

4. Steem Monsters

Steem Monsters is a game that is hosted on the Steem blockchain platform. It is a card game all the data as regards the gae are stored on the platform on which it is hosted. The gameplay revolves round battles. Winners are eventually paid in Steem, rare cards and Steem dollars. There is also a market place in the game where you can buy, sell and trade your earned cards with fellow players. The market is run on Steem. One Steem is worth over $0.43 USD and it is among the top promising altcoins in the crypto market

5. Worldopo

When we talk about the games that are at the cutting edge of the technological revolution, then Worldopo is at the top of the list. Worldopo is a game that combines augmented reality and virtual reality into a real world-building simulation. It uses data from Google Maps which allows players to buy real streets in cities around the world. The gameplay involves players attacking buildings and corporating with other players to build the economy. You can earn Ether, Bitcoin and WPT, its own token.
As stated earlier, these aren’t the whole games that are out there. But if you start with any of these ones, your chances of earning more crypto coin is higher.