Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | No Premine
The 4 week chart is just one week. This hasn't seen a massive spike yet, and forex 101 doesn't apply to the crypto market. I'd consider anything up to 20k sat a "chill your tits and enjoy the ride"-position
Agreed, this is still early days and 33k is actually aiming very low... History has shown time and again that massive spikes can be expected after a dip like the one we just had. 20k has already been re-conquered and it should be onward and upward from here.
Upward? I'm not sure.. Look at marketcap: VeriCoin $ 3,447,369
At peaks it was 6? mio $
I think VRC will be below 1,5-2,500,000 $ so price will drop.
Just my guess.
This is not looks like there'll be double top or double top-new peak; it looks like classic bubble;
we'll see how it will be. Time will tell
Time will tell... But personally i bought now on 19K. There is upward correction again (since 15K)
I believe we will reach 30 K today.
I give a TIP if you are smart trader:
VRC is in bulltrap mode. AMEN.
If VRC dropped from 27k to 15k, and you bought at 19 - then your point sell is 20-22, because peak of bulltrap probably be a litle more than half way from peak to dump-bottom.
Ofc there's chance that this is bear trap in midterm or there'll be double top etc, but the greatest chance (more than 70%) is that there's classic bubble scheme and we're in bulltrap. Please, as I said, calculate market cap.. Even now is a little bit overvaluated imo.
This is the only coin with SMS and the fastest transaction times in crypto. And anon isn't even here yet. This market cap is a joke for such features.