NIMUSDT
NIMIQ struggle to break out#NIMUSDT
$NIM is trading inside a descending resistance zone. price dumped suddenly and I didn't find out why in my research!!
if daily candle close below 0.00584, there will be more drop to $0.005 and $0.0045.
but if price hold the support zone and head up to break out from descending resistance, another rally will lead price to $0.0084 , $0.009 and maybe $0.011.
$NIMUSDT - Long here or wait for a breakout from the flagHello everyone!
Nimusd is about to complete the bullish flag pattern.
It's pretty risky to go long now as NIM might consider going down to retest the lower band of the flag and I don't like the setup of RSI.
So the best is to wait for a breakout from the flag and go long.
NIM/USDT- The new diag confluence, buy setup Buy under diagonal confluence and go for the ride with NIM 2.0, NIMBTC 2W chart supporting of this moon.
There's no Ripple foundation of NIM selling all of the supply on you and the pumps are the effect. Ripple had to pay millions to get listed on exchanges to sell their bags from 100% ownership and that's just wrong.
Any NIM you buy on the market has been mined fairly by another user of the network. Soon they will deliver on staking and PoS, much before ETH.
News:
NIM 2.0 Testnet revealed on twitter,
NIMIQ OASIS beta- buy BTC or NIM with bank account and SEPA instant in Europe
BTC to NIM non custodial swap in Nimiq web browser wallet.
2.0 Full Release in 2021 brings scarcity increase and PoS upgrade with Albatross consensus mechanism.
NIMUSDT, Nim USDT Horizontal Confluence long easy.Long NIMUSDT off horizontal confluence support, shoot for the moon and land amongst the stars.
Some Fundamental Analysis:
The supply emission of NIM is about to drop by 7 times/ NIM will be 7 times as scarce.
Your equity of NIM will scale in 2.0 if you help validate transactions.
Team Nimiq will buy NIM with the profits from OASIS for the first 24 months at least, further increasing scarcity.
Requirement to lock coins in vesting contracts to Stake will reduce on exchange balances of NIM.
Nimiq PoS upgrade with albatross consensus algorithm expected before Ethereum PoS upgrade.
Strategic 10% ownership/partnership with Ten31 Bank and FastSpot, OASIS asset swaps are a great business plan.
NOT a 100% premine coin like XRP
MarketCap: $17,000,000
Market Share: 0.00%