Peercoin continues to regain the foothold against BitcoinAs 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
Peercoin to resume braking the downtrend against BitcoinI 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.
Peercoin Ascending Channel, Also BullishPeercoin (PPCBTC) has been trading within a bullish channel since December 2019.
Looking at how prices are now trading above 0.00002714, EMA50, we can easily see a price jump.
We remain strongly bullish above 0.00002480 and within the ascending channel.
PPCBTC has huge potential long-term.
Prices
Peercoin Is Now Ready To Grow (Fib. Targets)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.
Peercoin Awakens | Full Chart W/ Long-Term Targets (12,000%+ PP)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 a
Altcoin/Shitcoin - How to Play The GameMany people got burnt in Crypto because they don't understand how the market works.
They don't understand how the cycle works.
Like any market or natural phenomenon, the crypto market moves in cycle.
It doesn't matter. Fundamentals doesn't matter.
The only things that matters are the whales, how
Peercoin Hits Bottom | Up to 8300% PProfits To All-Time HighPeercoin (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
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