NXT - What's next? So as expected NXT dropped hard to exactly the target we defined!. I posted the analysis on the 25th, so hopefully some of you got the chance to get out before the huge drop. I also explained why IGNIS isn't worth taking the risk.
You can see the previous analysis post in here:
So now whats next? Well the RSI (Relative strength index) is showing that NXT is over sold, also the MACD is bullish. That said I'm expecting a small rebound in the coming few hours.
I will need some more time to look at how the coin behaves with such volume after the majority sold out before being able to provide targets.
I will keep updating this post regularly from this moment, so if you are in NXT or a NXT fan/holder stayed tuned.