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Elastos

ELA ELASTOSSomeone asked me to do an elastos TA Looks like there's been a pump recently? a big chunk has been burnt! it's in a descending triangle which we know ain't good! short term you might see small moves to try and test the descending resistance as the rsi is in oversold. long term the daily charts are way overbought so a move down to the fib support 2.50 ish! personally I wouldn't go near it , the pump was by the looks of it buy the rumour sell the news. traders using it for small gains. sorry if you're into ELA, nothing personal, hope it proves me wrong.
Short
by moggsuk2
Elastos on the Edge of Breaking 2 Year DowntrendOne of my alt calls here ready to explode. Not many altcoin projects are as built out and ready for developers as Elastos. They got mainnets, sidechains, ID chains, you name it and most crypto projects are STILL celebrating mainnet launches. Eventually a project within the top 15 of developer activity will get noticed. That time is more than likely coming soon, specially now with the launch of Cyber Republic, the community taking over the project in its entirety. On top of all of these fundamentals, the chart is just done taking a beating and I'm willing to double down, and I did. I'm ready for Elastos to move to $3 very soon and have a modest target of $5 by EOY. It could easily explode to +10 if everything aligns, including a top tier Western exchange listing coming in Q3. Let's see what happens! - CA$HLESS
Long
by CASHLESSSOCYS
2
Long term Trend Analysis for Elastos "The Modern Internet"Trend analysis of my favorite project Elastos. Imagine a peer to peer internet secured by Bitcoins hashing power with the technology to secure all other chains like Ethereum allowing projects to focus on their technology and usable products and services. Rong Chen has worked in the computer industry since early Microsoft days working on operating systems. He has had a long term vision on how operating systems should work and he can explain in great detail for those interested he has great interviews available. A short explanation of the project for those interested taken from Rong Chen interviews. The idea of SaaS was presented by Microsoft in 1998 and 1999, but it was not fully realized. People think that web service for the masses is SaaS. In fact, web service is still far from reaching our original vision. In a big way, Win10 finally attained what we thought up in 1998 and 1999. Fortunate for us with a little luck Rong Chen worked on his project Elastos long enough that Rong made it to see the digital revolution of trusted decentralized peer to peer interactions in Bitcoin giving him the vision to start the journey to finish his the ultimate vision of Elastos with the help of those looking to build a new internet. Elastos is actually creating this universal P2P network. For example, if you want to download a movie, file, or audio text, this P2P network is actually similar to Skype, or QQ. The first step of this network is to initiate decentralization, and use blockchain technology to remove skype.com and tencent.com. Elastos’s P2P network has already been open sourced and they post progress on bi-weekly report. Elastos looks at the problem of the current internet in a very holistic way seeing its lack of data ownership and privacy as fatal flaws. Through its use of Elastos Carrier, Hive (decentralized file storage), Trinity browser and other vital pieces, Elastos attempts to build a peer to peer internet where trusted users interact and build value together on a trusted network with true data ownership and privacy. June will hold the initial Cyber Republic election and be a very large step for Elastos. While DPOS voting has been going off as planned with the elected nodes confirming transactions, often maintaining over 50% of Bitcoins hash rate. Merged mining is done with a simple line of code and no additional computing power(currently @ 48% of BTC hash rate) election will open up elected officials to help direct the project and use funds to increase development. The ELA token has not performed well to its current date,however that has not kept the team from putting out a new bi-weekly report like clock work and continuing the build the project Rong Chen has visioned. With your help and participation in the new Cyber Republic we can build a new and better internet. Will you be part of history voting in the inaugural Cyber Republic Election? www.cyberrepublic.org Tuum Tech Bi-Weekly Report www.youtube.com
Long
by FriendlyFibonacci6765
Will Elastos Price Surge to $5 or Fall to $2? Elastos needs to make computerized resources uncommon, recognizable and debatable. Property rights open the entryway to riches creation and Elastos plans to make another World Wide Web that regards these rights. In an ongoing declaration, Elastos referenced the consummation of its Delegated Proof-of-Stake (DPoS) segment, which will go live after the network casting a ballot procedure. The democratic and usage procedure has been isolated into 6 stages, dates are not yet discharged by the organization yet it is normal constantly quarter of 2019. As noted not long ago, the dispatch of DPoS will speak to the culmination of its half and half accord calculation, which is a crossover of helper work confirmation and designated verification (AuxDPW X DPoS). News Source: TheCoinRepublic
by TheCoinRepublic
Elastos (ELA) Price Prediction : Will ELA/USD Price Surge to $5 The whole Cryptocurrency market is blood shedding following the Tether and Bitfinex saga, Bitcoin and other prominent altcoins endured a loss of as much as $10 billion. While Elastos is currently trading up by 4.10 percent. Elastos using blockchain technology to issue digital content identifiers, which will help identify who owns which digital assets. The combination of Elastos and blockchain technology lays the foundation for a trusted and secure Internet of wealth. Elastos will be a platform for decentralized applications (Dapps) running on a peer-to-peer network without centralized control. It will create an all-new Internet interface, it’s VM will increase security, processing power, fixing flaws in general Internet protocols, allowing devices to operate in C rather than java. Elastos wants to make digital assets rare, identifiable and negotiable. Property rights open the door to wealth creation and Elastos intends to create a new World Wide Web that respects these rights. In a recent announcement, Elastos mentioned the completion of its Delegated Proof-of-Stake (DPoS) component, which will go live after the community voting process. The voting and implementation process has been divided into 6 phases, dates are not yet released by the company but it is expected by the second quarter of 2019. As noted earlier this week, the launch of DPoS will represent the completion of its hybrid consensus algorithm, which is a hybrid of auxiliary work proof and delegated proof (AuxDPW X DPoS). Price prediction for Elastos With the current market scenario, much change in the price of ELA is not expected. However, the Cryptocurrency market is highly volatile and unpredictable, the price prediction will purely a gamble and a chance than a guestimate based on data. Let’s take a look at the publications and eminent personalities and their predictions regarding the Elastos Prize (ELA), which will give us another perspective to consider: Cryptoground The algorithm at cryptoground.com sees a strong price increase on the horizon for Elastos: the forecast for the month of December this year is $ 19, which would represent nearly 10 times the current price. WalletInvestor As we are used to, Walletinvestor’s forecasts are rather skeptical, as they see ELA fall below the $ 2 mark, to about $ 1.3 in December. DigitalCoinPrice This automated software has a moderately optimistic algorithm that makes ELA earn $ 5 by the end of the year.
by TheCoinRepublic
Final Dip and Up Up and AWAY!!!!!!! (Hypothetical Bag Grab)Hello, As seen in my last analysis, BTC obvious rejection at the 50 MA weekly. This will continue to play out, as BTC is overbought and has no more short term upside. IT WILL come down, and it will bring the alts down with it. This is okay, this is our one last opportunity to maximize our long term entries. Whether you are a trader or HODLER, this is our chance to get BTC in the $3000 range for the last time until the imminent zombie apocalypse. Be prepared to make an entry when BTC makes contact with the 200 SMA, wherever that might take place. I believe this will coincide with the G20 Summit in Japan, which is June 28th and 29th. I say this, because Japan is going to have to make something happen when it comes to the currency and payments situation for the 2020 Olympics. They are a mostly cash only society, and do not have the credit card systems built out or enough cash to support tourism from all over. An easy and obvious solution will be to use cryptocurrency, which could trigger a bull run if mentioned at all in the G20 Summit. I believe this will happen, and even if it doesn't I believe crypto will be heading into a bull market and trading between 6-7k end of year. I also believe this will be the longest bull market we have ever seen in crypto. I believe maximum upside targets between 300-400k aren't unrealistic, and will be achieved by 2021, 2023 at the latest (on the contrary to Bob Loukas, I don't believe this one has to move as fast as the last, and I don't believe it has to end in the 100k's and in 4 years. It could definitely go 6 years just by looking at the log chart.) This one is going to take a while, but once it gets rolling its going to make 2017 look like another blip on the radar. With TD Ameritrade, E-Trade, Fidelity (Charles Schwab short to follow by force of hand) all rolling out crypto custody and trading, and NYSE's BAKKT, this thing won't come crashing down quickly, and it will have more rocket fuel than anything we have seen yet. Be prepared, do your due diligence, and hold the bag. Also be prepared to sell the bag. Hypothetically. Because this is not financial advise, only for my own personal pleasure to say I told you so. Thanks. - CA$HLESS
BITSTAMP:BTCUSDLong
by CASHLESSSOCYS
1
Elastos (ELA) | +383% PP | FREE TRADING SIGNALPair: ELA/BTC Exchange: Huobi Trade Duration: Long Risk: Moderate Signal Strength: High Introduction Elastos aims to create a new kind of Internet, powered by blockchain technology. On this new Internet, people will be able to own digital assets and generate wealth from them. Today, there is a seemingly infinite supply of digital books, movies, music, and games. But people do not necessarily own their digital property. You can purchase a digital book, for example, but you can’t sell it to anyone else. So, do you really own it? Elastos wants to make digital assets scarce, identifiable and tradable. Property rights pave the way for wealth creation, and Elastos intends to build a new World Wide Web that respects those rights. See attached chart for Technical Analysis Fundamental Analysis - Trinity Browser BETA iOS (31 March 2019) - Ledger Wallet Support (30 April 2019) - DPoS and AuxPoW Consensus (30 June 2019) - Elastos Token Sidechain (30 June 2019) Our Entry Zone 0.00072711 - 0.00079750 Our Targets 1: 0.00092841 2: 0.00112963 3: 0.00142623 4: 0.00351112+ Our Stop Loss: 0.00064003 To make sure you don't miss out on any FREE signals , FOLLOW us on TradingView by clicking on our profile and then clicking the green 'Follow' button. If you liked this analysis, hit that thumbs up! Enjoy your day! Axsonex Team ------------------------------------------ DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources: binanceinfo
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by Axsonex