NXC Breakout From AccumulationNXC has successfully broken out of its accumulation zone, retested it and bounced off former resistance turned support.
The short term future for alts depends heavily on bitcoin's price action and additional FUD coming out of China - news of a ban on mining there would likely cause a sharp correction and invalidate this move.
TP1: Just north of 12k sats
TP2: 15k sats
TP3: 19.7k sats
NXCBTC
NXC fundamentalsMarket cap: $17 million
Total and available supply: 66,521,586 NXC
Inflation: Zero. No more will be created.
Use case: Token for up and coming MOBA game "Beyond the Void" launching with early access on September 27th. Will be available on Steam as well.
Entry range: 4500-10000
Wow, a coin with real world utility. What a grand idea.
NXCBTC - Possible bullish setup - short-term
Price has formed an up trendline and is being held by double bottom as well. As long as price doesn´t break this area we could see a retest at 7592.
Possible stoploss at 4730.
Nexium (NXC) PredictionHoping that the upcoming game release will cause some hype in the market price.
NXC BTC1 Day Chart
Breaking Resistances (green line)
Bottom at + or - 13000 Satoshi
First Target could be + or - 8000 Satoshi
Breaking Second resistance + or - 15000 Satoshi
Rsi possible reverse.
Trade small amounts, Grow money.
NXC | Game Launch and Coming to Steam |Founded in Fall 2015, and family operated, Beyond The Void is a company, which is designing a free Multiplayer Online Battle Area (MOBA) running in fast and fun rounds of 15 minutes. The role of the blockchain technology in its delivery is meant to provide efficiency and security to players. The tokens that they have created for their MOBA gaming platform are called Nexium (NXC). The blockchain technology is being used as the economic backbone of the project. NXC will be used to buy, sell, and exchange items in the game’s shop. Like spaceships, skins, holotags, and so on. Every transaction you make in the shop is an Ethereum based transaction managed by smart contracts and with NXC. History/Origins Nexium Video games have been a family thing since the beginning. Maxence, Manon, and Rémi got the same Super Nintendo NES game system when they were kids. While some people grow out of video games, our interest never faded. Eric started programming when he was a teenager, and passed his passion for digital creation on to his children. Maxence has always been developing video games, while improving and developing his skills as a concept artist. The original idea of Beyond the Void comes from him; the game’s background, features, and gameplay. We came together as individuals around that concept, and have formed a team. Today, Beyond the Void is a team of four members, equally necessary to the success of the project.
Maxence takes care of the game’s code. Rémi’s input as the game designer is essential; he invents the game’s dynamics and gameplay, such as how many motherships with which skills, which attacks with how many damage percentages for which units. Eric introduced blockchain technology to us. His passion for cutting edge technologies allowed us to see the possibilities of the blockchain sector. We took it upon ourselves to market a product that would be successful in this niche, but also to bring our game and the blockchain to the mainstream. Remi followed through on Eric’s suggestion and developed our crowdfunding smart contracts, the Nexium bonus distribution for backer ranks, and is well on his way to becoming an Ethereum smart contract expert. But making a great product isn’t enough. You also have to talk about it around you, develop partnerships, update people on our progress, go to events, and generally get the project out there. That’s Manon’s job. She is taking care of all of the project communication. She is active on all of the forum threads, social media, ads, articles, and scheduled events.This way, Maxence, Rémi and Eric can focus on the game’s development.
Trend Analysis
It is clear that the gaming industry has been undergoing tremendous growth. The trend is extremely positive when it comes to PC gaming as well.
The graph shows the games market revenue worldwide in 2015, 2016 and 2018, broken down by segment and screen. PC/MMO games were estimated to generate 26.7 billion U.S. dollars in 2016. Between 2015 and 2020 the entire global games market is set to grow at a CAGR of 3.6 percent. In 2016 it was estimated that there were over 912 million video gamers in Asia Pacific, making it the largest region in terms of gamer population. It was followed by the EMEA region with 605 million gamers that year. In terms of best selling PC game titles, the global trophy, as of late, belongs to The Sims 3, followed by World of Warcraft.
NXC botttom, again.NXC touching that 9300 satoshi area again, which has been strong support. There is RSI divergence on the 4H which should suggest a good upwards move if that support doesnt break.
Tomorrow 15th. #nxc #BTV #beyondthevoid #nexium #bitcoin #cryptoTomorrow 15th. it will be the first beyond the Void tournment.
Normally, when they are in an event, they share good news and jumps.
Good luck
$NXC thoughtsNXC has a game release coming up. This trendline seems interesting enough to give a nice picture of the potential entries. Also i have some orders on the Tenkan.
Potential is good cause imo anything game related is good.