If BTC sees some consolidation around 10-12k then holders might see value buying back into Grin. This is the first area of interest, where the price of Grin has fallen back down towards previous resistance( which has now become support)
Price breaking down lower. Possible retest of the area it broke out from around 35k-40k ? * i'm feeling abit uneasy that Grin's lead dev( Igno) has missed the last 3x weekly meetings and hasn't been around in public chats for the last 3-4 weeks. Where is he? There's alot of work to be done at the moment with the hard fork next month and not having Igno around...
A sharp decline due to bad news competition from grin, gov't regs, bad press? could be... Followed by market realization that Monero is a superior MONEY. The specifics of the technology is less important that a design for sound money!
Grin spiked up on Poloniex on 19/06 to a high around 75155 sats( around $7). This coincided with a Buy alert from a pump ground called Palm beach research group who told their subs to buy Grin up to $7 on Bittrex or Poloniex. whilst Poloniex hit 75155 the price of Grin didn't make it over 70000 on most other exchanges. Also, to note that the spike up to 75155...
Grin is currently in accumulation phase and forming a bullish pennant on the 0.618 fibonacci line link to my previous analysis this could lead into yet another bullish break out towards 0.786 Fib level.
Hate reading sentences? You should work on that. Here's bullet points on why I believe holding GRIN under $10 is a good long term strategy. Is like bitcoin, but with privacy. Similarities to bitcoin: no pre-mine, anonymous founder, PoW, not an ICO github.com Strategy: Buy dips under $10 Have sells at $10-13 to 'lower' your buyin Buy more dips when...
Grin has successfully retraced above 0.618 Fibonacci level, which is a positive and a bullish signal. Volume is highest since February and weekly chart shows even a stronger bullish signals. 8 hrs chart just formed a very bullish gravestone doji candlestick (full red,gravestone doji, green) which is again an uptrend signal. Hardfork is coming in July and Grin has...
GRIN-BTC looks to close above conversion line (blue) for the first time on weekly timeframe... Which gives a nice bullish signal and a grin on your face after a long downward trend since February '19: the signal is confirmed on the weekly close 00:00 Monday, June 17th. Basically, it means buy on the week's close if and only if price is above 0.00040961. The...
$GRIN has been in a complete downtrend since its listing on kucoin, but it looks like it may now be finally forming a bottom. Grin actually has good fundamentals, and once this coin gets going I expect it to pop. The red box represents a key area where I think we should bounce. Going long here with a stop loss set at .00026, as breaking down through that would...
Some "back of the envelope” style analysis explaining how the current $GRIN break out differs from the previous March *false break out* -In March price increased a max of 54% from ATLs, this time price has increased a max of 136%( so far) -From the March move, price made it’s high after 9 days and then only took 18 days before it made new ATLs again. This time...
Buyers continue to dry up in the Poloniex orderbook. From 22.x total BTC down to 17.x total BTC, while total sellers remain more constant. When longs get aggressive(cross the spread) and buy up the offer there is no real follow through which results in the wicky looking candle sticks marked by arrows. I'm still very much bullish long term but objectively hold...
GOLDEN CROSS ICHIMOKU GREEN NEW COIN LOW SUPPLY GREAT PROJECT LOW CAP, FOR THIS MOMENT... SOON 3X KRANEO10
There is a big single 9000unit sell order placed on Poloniex @ 41199( biggest sell order I've ever seen hit the book) this is what put pressure on the sell side and pushed price down from recent highs. TA is for kids. Chart is for the moon boys. Pull back into at-least the channel mid-line @ 35000.
Have you secured a nice long term hold bag for GRIN? If not, you maybe have forgotten, that $GRIN is entirely donation funded, and there is no pre-mine. Either way, it's use case is in development with plenty of funds, and yet to be implemented into major major works. Don't sleep on this, DYOR.
the real privacy coin with no traces and total anonymity wimble nimble