After the price drops massively the first year after trading started from the low volume ~1k USD per XCH during feature trading and a peak up above 2k USD the price now is in a range between ~30 USD and ~50 USD. The network space slowly started to grow ~10% since january 2023 and can be considered stable since july 2022. The node count is ~115k (ETH ~7k, BTC...
Double long-legged doji on the daily marks a potential reversal downward during the short term. Levels almost certainly to be tested: - $42.85 - $42.02 - $41.19 Top daily wick looks to have established a trend line using a pitchfork where HKEX:52 to HKEX:62 are the top-side limits on the daily. Of course a down-side risk is well in play around $30....
Blockchain and smart contract platform Chia Network, founded by Bram Cohen, the inventor of BitTorrent, has filed a confidential draft registration with the US Securities and Exchange Commission for its proposed initial public offering (IPO).
Hi there. And finally, here we are! Many good news at Chia !Farming with madMAx Gigahorse Compressed Plots is started already. New wallet, updated web page and many good news from developers also If the whole market turn to bullish or even stay in consolidation mode XCH have a chance for next big move to the upside! If the whole market starts to decline than this...
Chia XCHUSDT Pair This pattern is bearish (Gartley) on daily chart The target for this pattern is 1.272 fibonacci level Happy trade for this pattern
Fork to move chia into a "community project". Fork that will completely REMOVE PREFARM. You will start with 1 block by mining the first XCH and start building. Also, advice for fanatical adherents led by "opinion leaders" communities. DO NOT AVERAGE THE PURCHASE PRICE. If you're willing to risk throwing your money into it, don't do it with a fanatical belief that...
Please be extremely careful! In addition to the mining that has begun, the centralization of the network is colossal! 83.2% of prefarm is on 2 wallets!
The downtrend is still intact even after the +100% from ATL to it's last high (+65% to current price tag). I am not very optimistic that it will keep staying above the daily MA50. If it stays above the next challange will be to get above the weekly MA20. * It is possible that the price will rise over the resistance, that could also bring the trend above the...
What Is Chia Network (XCH)? Chia Network (XCH) is a layer 1 blockchain that uses its own custom-designed programming language called Chialisp and a novel consensus mechanism called proof-of-space-and-time (PoST). The combination of these two allows the blockchain to use less energy without compromising network security. In contrast to most other blockchains, Chia...
I rly did not expect the XCH USD price to rise quickly that much. Maybe it happend because of the low volume and because the two quick dumps before and therefore the sell pressure was low. The general downtrend is still intact. I am curious if and when we will see a retest of the resistance arround 30 USD and if it can hold. I am also very curious how high the...
What Is Chia Network (XCH)? Chia Network (XCH) is a layer 1 blockchain that uses its own custom-designed programming language called Chialisp and a novel consensus mechanism called proof-of-space-and-time (PoST). The combination of these two allows the blockchain to use less energy without compromising network security. In contrast to most other blockchains, Chia...
Both stocks and crypto markets have been down in most of 2022 (largely due to inflation, rising interest rates, and talks of an upcoming global recession), but in the last month we've seen a few interesting patterns emerge: - Proof-of-Storage coins, particularly Chia Coin (XCH) and STORJ (STORJ) have seen very favorable gains. - The two major crypto coins,...
Up or Down? If volume keeps ticking up we could see a big move.
strong up trend is approved and next pivot will be HH
On the weekly chart above: 1) RSI has been heavily oversold for quite some time. 2) Bullish divergence as drawn, RSI forming descending wedge. 3) Price has declined over 90% from ATH. Also the 3D BTC pair below breaks out of resistance quite decisively and prints a bullish engulfing candle (Also BE candle printed on 1W BTC pair. Wow!) Initial targets 41-54...