1 DGX = 1g gold 1g gold = ~$43 1 DGX = ~$236 White Paper: "2. Digix Tokens (DGX) Dgx Tokens are minted via a Minter Smart Contract. Each DGX token represents 1g of Gold and divisible to 0.001g. For every PoA Card that is sent to the Minter Smart Contract, DGX tokens will be issued in return. For instance, a 100g PoA Card sent to the Minter Smart Contract returns...
- ema- and s/r-cluster could give a good support, but depends a little bit on BTC - ada is blockchain 4.0 with multiple chains
Good support through traditional markets and good resistence.
Correlation of traditional markets and BTCUSD combined with the actual weakness of traditional markets, which could hold on caused by fundamentals like increasing interest rates, trade wars, loans, Shiller-KGV (like 1928), buy-back programs and more, should drag the BTCUSD one step further down to the next resistence, specially if the close is under ~$7500.
BTCUSD in short term stronger than traditional markets, could be a sign for more potential, but we should keep an eye on the $5000 mark
- stronger rebound in traditional markest, shows the trust difference - mostly positive correlation except in one zone the Bitcoin is showing more weakness, caused by stricter regulations, Mt. Goxx sell off, behavioral finance and more, which compromised the optimism also the option of short leaveraged short sellers could give a stronger negative pressure - under...
If the power of the crypto community is stronger than the smart money and their misoneism, the market could continue the chart formation. It will also depend on the speed, influence and trusthworthiness of both news, but it's a good chance risk ratio.