PPC - Poloniex : Maybe We can Get More?
Here is my thoughts on PPC :
From early days, like many other cryptocurrencies, PPC went into a down trend in long time. BUT
Recently we see many coins rising up from death, like ZEC and few others. Also, the long term trend line is still not touched by the last wave, so, there is a possibility that PPC rise up from the current price (near the support line) up to meet that trend line. After that, there can be two futures for it.
1- Like ZEC and few other coins, it revives itself and goes above that bearish long time trend line
2- It reverse toward bearish market on that trend line, if this case happens, there is a chance that PPC may become dead in future like many many coins that came and gone !
I personally hope developers on PPC and LTC think about something to revive their situation on the market.
From early days, like many other cryptocurrencies, PPC went into a down trend in long time. BUT
Recently we see many coins rising up from death, like ZEC and few others. Also, the long term trend line is still not touched by the last wave, so, there is a possibility that PPC rise up from the current price (near the support line) up to meet that trend line. After that, there can be two futures for it.
1- Like ZEC and few other coins, it revives itself and goes above that bearish long time trend line
2- It reverse toward bearish market on that trend line, if this case happens, there is a chance that PPC may become dead in future like many many coins that came and gone !
I personally hope developers on PPC and LTC think about something to revive their situation on the market.
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