Kyber
KNC BTC - well deserved hike on "charts"KNC is one of the most undervalued gem in the world of cryptos! Its always destined to be much higher than this tiny market cap and rate.
Now, we have a solid Cup and Handle and I have marked 2 golden lines and these are my targets. This is a definite long term HODL, not much to say here :)
PS: might just want to wait for the breakout (close on daily above 0.0004) if you aren't long yet :)
Happy HODL-ing :)
KNC (Kyber) +356% target in 31 daysKyber gain +356% during the last 36 day period and only lost about 15-17% during the severe bleeding of Bitcoin. It is currently drawing a bullish flag and I suspect it may rally after the bleeding is done, to +356% over the next 31 days.
Kyber Network KNC: Cup with Regressive Fractal (Handle) KNC/BTC is completing a cup with fractal. Currently capped at $600M, Kyber is the last project Vitalik Buterin (Ethereum Creator) will oversee; its bound to make strides in the future and hopefully join the top 25 coins group.
$KNC Trading Idea & 2018 Price Projection for #KyberNetworkFundamentally, the Kyber Network Project revolves around the formation of a Decentralised Exchange (DEX).
For those that aren't aware what this means:
(A) I highly recommend doing a bit of research into this topic.
(B) I believe 'Decentralised Exchanges' are going to be very successful at creating a "Buzz" in the Crypto Community, considering one of the main attractions Bitcoin is Decentralisation and yet the vast majority of the buying, selling and trading occurs in centralised exchanges.
* Note: Centralised exchanges create multiple problems, specifically the fact that tokens are held by the exchange which makes it a "Honey Pot" for hackers, as well as potential disasters relating to mismanagement and/or bad actors that have plagued the space in the past (i.e. Mt. Gox, Cryptsy & Mintpal).
The $KNC token entered the marketplace in late September, straight into the down-trend that the entire Altcoin market had experienced in Q4.
Fast forward to 2018, it is becoming clearer that #AltSeason is upon us, meaning the entire Crypto marketplace has pivoted, creating some fantastic investment opportunities in the Altcoin markets.
Make no mistake, once the platform is launched (Scheduled for Q1 2018) and people begin to shift their trading activities to this and other decentralised exchanges, the DEX space will change the game.
With that in mind, I believe the Kyber Network has the potential to garner a significant piece of this lucrative pie.
For more information on the Kyber Network project go to:
kyber.network
coinmarketcap.com
