As described before, Tether fueled Bitcoin bull runs were not good for PPC-BTC ratio. Bitcoin bear markets is when this usually turns around and Peercoin regains ground. This turn-around could also break the multi-year downtrend in PPC-BTC. Price is now over weekly EMA(100), it has retested it once and has bounce back up. Next obvious target is 4500-5000 satoshi...
I believe next move will re-test the weekly EMA100. Just like the last wick up. It is interesting it wicks so much, but seeing how low the floating supply is it's not surprising at all. Coin is extremely hard to accumulate at these prices, so I expect price level will be rejected by the market.
PPC-USD corrected before BTC-USD did and has established the bottom before BTC-USD. This can be see by rising PPC-BTC over the last couple of months. This chart looks incredibly bullish, and given the 8:1 R:R ratio I'm inclined to take the offered swing. Peercoin celebrates 10th anniversary later this month.
PEERCOIN PPC is another one of those hidden gems that are in a major bull flag pattern. Peercoin has been around for a while and the team is still active and working on this project. Huge potential here for some massive gains. MACD, RSI, and BBWP are showing a massive move is coming. I think this is a good time to accumulate and hold for the next big run. ...
Looks amazing, seeing this re-accumulation here it seems that pump in May was merely a test pump. I expect next move to land somewhere between $1.8 and $2.5.
CONSOLIDATING FOR BREAK OUT, POTENTIAL 500%
Great 30% retrace. Lots of momentum here. This is one of the original 6 altcoins dating back to early 2013. A fully diluted supply of 26 million coins, of which we believe 8 million are lost.
Peercoin #PPC is one of only 7 cryptos that were around in early 2013. Each cycle it pumps incredibly high. It's one of the laggards as always. This cycle it is heading to $50
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, the 7 cryptocurrencies that are altcoins (that I believe are covering a wide variety of sectors) that I think has some strong technological aspects, are what I will be talking about here. For avoidance of conflict of...
Peercoin showing bullish signals on the weekly time frame, targeting previous resistance zone for a 70% swing trade. A valid entry is under the 0.00003200 Entry = 0.00002890 SL = 0.00002365 TP = 0.00005172
We looked at Peercoin (PPCBTC) long-term recently, I will share the trade idea below. Here we have a closer look at the chart with short-term targets based on Fib. proportions. PPCBTC broke above EMA50 and MA200 and peaked when it hit EMA200 at 0.00003198, soon after prices started to retrace. Resistance turned support After EMA50 (magenta line on the...
Peercoin (PPCBTC) is starting to wake up after a new all-time low and years of bear action... Let's take a look. Let's start with the long-term chart, here we have the ATL sitting at 0.00001950: Over 12,000 potential profits from current prices to our ATH (we are using Nov. 2016 peak prices as all-time high). Consolidating since July 2019. The RSI just...
Peercoin (PPCBTC), one of the first cryptocurrency projects to launch and also a classic, hit a new all-time low on the week of the 15th of July and started to print some bullish signals... Let's take a look: After hitting a new ATL, PPCBTC printed the "Morning star" pattern. This is a bullish pattern and holds additional strength here as we are looking at...
Conclusion for today's Peercoin (PPCBTC) analysis: A close above ~~0.00011711 implies resumption of bullish momentum in Peercoin. Peercoin analysis for today is carried out on a 6 hour timeframe chart using a log scale. Historical data going as far back as November 2018 till current date is shown on the chart with the major downward trend. Two major trendlines...
Conclusion for today’s Peercoin price analysis: A retracement back to 0.32 or 0.24 is expected in Peercoin prior to the resumption of bullish momentum. Peercoin price analysis for today is carried out on a Daily timeframe using a log scale. A price peak of 9.00 on January 13, 2018 (not shown here) was followed by a dominant bearish move trend that seems to have...
Peercoin is an OLD coin. These are important trends lines that can show breaking points and future trends. Wait and see how it respects these lines.
Technical analysis: . PEERCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. . The price downtrend in the daily chart and the RSI downtrend are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: ....
Commodity : PEER COIN Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-2 weeks Investment in trade : 5% of the total Trading Balance. Prospective...