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Gridcoin

Gridcoin Buy Signal (Massive Pump Potential)On this day chart, it shows the potential for a repeat of the last major pump that started in April 2017. We can see a volume increase and price rise at a higher rate than the last pump. I personally really like this coin as I feel it's one of the more useful coins and, if adopted by more people, could literally save humanity. You earn coins by contributing your computing power to science through the use of a computing network called BOINC . A decentralized currency, the coin has a very dedicated team of developers and enthusiasts as well, though it has largely been treated as a shitcoin for some unknown reason (could have been poor documentation in the past, but that has since been remedied by the gridcoin team on their website ).
GLong
by neuromancer
5
Gridcoin ready to jump higherGRC had a massive shoulder-head-shoulder on the charts, but it did not trigger a huge sell off. There was some sort of downward channel though, which has now been left on the upside (small green oval). GRC has been reasonable steady in recent BTC-turmoil. Still the old neckline forms serious resistance. The upperline of the old downward channel should now give support, keep your eye on GRC breaking the line (big green oval) this could trigger a nice rise!
G
by yuri72
1
Gridcoin chart loaded with warnings!Gridcoin was the first cryptocoin I ever bought. I liked the concept (supporting scientific research by selling CPU-power) and more important it was already working and not some unrealized project or worse vague promise. These days Gridcoin doesn't meet my buying standards anymore.. not enough liquidity and a modest marketcap (ranked 165 currently). Still as it was my first love, every now and then I check its price and chart. Both don't look pretty right now!! First of all Gridcoin is caught in a downward channel, it tried to leave this channel a few days a go, but that rise got brutally sold off. Even worse so RSI peaked around 50 and created something that kind a looks like batmansears.. They are not the most beautiful example, but still, these ears often accompany a pricedrop!. I expect Gridcoin to drop to 600 or even 500/400 area which is the bottom of the current channel. If RSI manages to stay above oversold range this time, there is some hope for a future reversal.
GShort
by yuri72
Gridcoin - Poloniex : To the MOONIt's been few days that I called for Gridcoin, Right now, it finished it's correction and now I can estimate it's final targets better, here is the thing, normally I never go beyond 161% on fibo, but, Gridcoin has this history of having huge, and I mean it, huge pumps, so why not get greedy? yah this is the only circumstance that I let myself become greedy, with steps for selling, there is no problem with becoming greedy is it? so why not. Remember when I said this, if you thought Gridcoin's last move was it's actual pump, you are damn wrong, the ream move is still to come. Also, it's last time high was around 4500 Sat. I tend to go a little bit bellow max possible, that is why you see my last step being a little bit bellow that number. How long will it take for this move? maybe a week or two but I don't think it will be more than that.
GLong
by CAB_Member
7
GRC - Poloniex : Opportunity for fast big cashPersonally, when I see a pump on a crypto currency, I tend to not look back at it for future days until it finishes all it's moves and comes back to earth. BUT This time around, it looks like GRC is making another big move, there are two possibilities here : 1- either it is going to retrace back to 61% fib 2- or it will break above 61%, in this case, the next targets will be 100% and 161% The thing is that, in it's history, GRC had a very huge pump around 9th of 2016. in other words, even if it meets 161% it's still way bellow that all time high price. So, saying that it can hit 161% is not an exaggeration. even at 61% there is a huge gain in this trade. Don't loose the opportunity.
GLong
by CAB_Member
8