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IOTA opportunities explode with Electronic Gian Bosh partnershipOn the November 12, engineering and electronics manufacturer Bosch, has announced about the partnership with IOTA. Here is the actual tweet: twitter.com Bosh is a leading enterprise in regards to the research and development of technology designed for Internet Of Things (IoT). Currently Bosh is integrating its new data collection IoT device with the decentralized IOTA Data Marketplace. IOTA Marketplace is where parties can trade (buy and sell) access to active data streams, through MAM (Masked Authenticated Messaging). MAM is often said to be like a radio, where Only who knows the radio frequency may reach the message. In MAM, only who knows the Channel Key can get access to the data. Also, users can “trust the source and integrity of data even though the identity of the source is masked”. After Bosh announced about the partnership, IOTA has gained more than 5% over the Bitcoin, hitting 79k satoshis. Nevertheless, the growth has been short-lived and price currently stuck close the 200 Moving Average. The recently low at 76k satoshis could prove to play an important role in the short term price development. Daily close below that price, could send IOT/BTC down to the 72-74k support area, confirmed with Fibonacci retracement levels. But, as long as daily close will remain above, IOT can be expected to move higher, especially considering the fact that the 78.6% Fibonacci resistance has been broken. The next upside target is seen at 84-85k satoshis area, which is 61.% Fibonacci. Its worth mentioning that the RSI oscillator broke above the descending channel and found the support at the upper trend line, rejecting it recently. Considering these technical aspects as well as the huge partnership with Bosh, over the medium term price increase should be expected. Having said that, probability that 74k satoshis support area will be re-tested should not be ignored. And finally, if 70k satoshis physiological support is broken, bullish outlook will become much less likely. In that case the downtrend continuation could be the most expected scenario.
by CryptalDash
ChainLink gaining 300% while Bitcoin is crashing>>> “Thumbs up” and “Likes” are always appreciated! <<< Introduction to Chainlink Chainlink is a decentralized oracle network. Decentralized oracles connect and access smart contracts to any external, off-chain data data in a trust-less way. It's accompanied by following the rules of a protocol that incentivizes all nodes to tell the truth and punishes them for lying. Chainlink is considered to be one of the top blockchain technologies which provides highly secure and reliable oracles. Introduction to Wanchain Wanchain has set out to change and improve the way the world does financial transactions. It aims to track digital currency transactions on different ledgers. Partnership On the November 10, Wanchain announced about the integration and partnership with Chainlink. The implementation of Chainlink oracle, that is currently in Beta, will bring access to information typically stored off-chain such as payment gateways (VISA, PayPal), data feeds for any sort of information. The most common concepts where oracles can be integrated are: 1. Prediction Markets 2. Crowdfunding 3. Finance 4. Insurance 5. Identity 6. Gambling The possibilities for this technology are very broad; from simple things like random number generation to a very complex and sophisticated processes. Certainly, the oracle solution would increase reliability, transparency, and interoperability to many institutions. Why Chainlink? Wanchain chose to work with Chainlink over other oracle providers for several reasons. First, Chainlink is running a decentralized network of oracles which creates an ecosystem providing safety and reliability. Also, as Wanchain seeks to create an exceptional experience for developers looking to build cross-chain applications, Chainlink is the perfect fit as it is known for being easy to use, safe and reliable. Also, while Wanchain seeks to make it a developer friendly platform which is open for cross-chain application. The goal is to be able to interconnect different blockchains and traditional financial world. This makes integration with Chainlink extremely beneficial for both parties. Market reaction Disregarding the crash of the Bitcoin, ChainLink price remained very stable. In fact, since July, LINK/USD has been on a steady rise, gaining 300% over the USD. It is one of the very few coins where the uptrend has been so stable. Nevertheless, several days after the announcement of the partnership with Wanchain, LINK has reached the resistance at $0.64, that is 61.8% Fibonacci level. The rejection has been very clean, suggesting an upcoming downside correction. Risk Therefore, as long as resistance is holding price should go through a correctional or a consolidation phase. It could result in a price decline towards: First support: $0.41 (78.6% Fibs) Second support: $0.27 (88.6% Fibs) Third support: $0.16 (Previous low) Potential On the upside, if the resistance will be taken out, more gains might come as a result. Resistance levels to watch are: First resistance: $0.8 Second resistance: $0.96 (or $1 psychological level) Third resistance: $1.16 Summary All-in-all, fundamental news could have already been already fully reflected on the price as resistance is being rejected. But break above, would imply a much bigger growth potential for the ChainLink. >>> Don’t forget to push the “Like” <<<
BINANCE:LINKUSD
by CryptalDash
Tron (TRX) partners with a 3D gaming platform - NewWorld______ Hit a like button to unlock super content ______ Yesterday, Justin Sun made an announcement to the Crypto Community that Tron (TRX) had partnered with NeoWorld. In the tweet he explained how the partnership would work out in the 3D Virtual Reality world created by NewWorld. Here is the link to the tweet twitter.com Partnership NeoWorld is a bockchain based multiplayer online virtual reality world. In this 3D players can explore new frontiers, create skylines, pursue careers, build wealth and so on. The idea of a virtual world brings about the question as to which type of cryptocurrencies can be used. Since NewWorld is similar to the real world, we might not be surprised to learn that TRX can be used to buy and sell land as well as buildings in the virtual world. TRX and Gaming This partnership could be great for Tron, and in some way technical analysis could help to establish the direction of the Tron coin against the cryptocurrency giant – the Bitcoin. In one of our previous ideas we already mentioned about TRX getting involved more and more into the gaming industry. According to that idea, TRX/USD already broke above the resistance, showing potential strength over the USD. () Support Lets analyze Tron against the Bitcoin and see if it also offers any sort of upside potential. TRX/BTC clearly is moving within the ascending channel, where the uptrend trendline is being rejected. At the same time the 38.2% Fibonacci support is holding, as price failed to close below this level (351 satoshis). But it has established a low at 341 satoshis, which is the level to watch at this point. If broken, TRX is likely to drop further, and test 316 satoshis support. Target On the other hand, while the support is holding, TRX trend will remain up. On the 7th of October, TRX/BTC broke and closed above the 200 Moving Average, then corrected down and rejected the Fib support. Price still producing higher highs and higher lows, and considering above-mentioned facts, one can assume the ongoing validity of an uptrend. Nearest upside target is located at 88.6% Fibs, that is 470 satoshis level – a 30% growth potential. Summary Now, as price approached the uptrend trendline again, the volatility might increase, which will either result in a break below the support or continuation of an uptrend. In either case, it is worth following the TRX/BTC price action in the coming days.
by CryptalDash
2
QUTUM partners with Amazon as Trade Volume goes ballistic Yesterday, on the 17 October, QTUM has announced a partnership with Amazon Web Services (AWS). The goal of this partnership is to establish Blockchain-as-a-Service (BaaS) through AWS. This partnership could be huge for QTUM as AWS users as well as developers will be able to develop and run smart contracts through Amazon Machine Image. These services will be focused primarily on creating the bases for enterprise-grade solutions, an identified need within the BaaS model of AWS enterprise customers. As know, QTUM has a hybrid platform, which can merge a bitcoin alike blockchain with the Ethereum Virtual Machine. This certainly will make it much easier to build dApps on a wider scale. “Qtum is one of the most decentralized entities on the internet and AWS is one of the largest cloud providers in the world. It is a perfect combination for users and the enterprise. We look forward to continue making Qtum’s smart contract and Dapp technology available for what is arguably its most in-demand market, the enterprise,” said Qtum Co-Founder Patrick Dai. However, rumors are; what if this partnership is simply overhyped, and in reality means that Tron (QUTUM is a brainchild of Tron) is purchasing could computing power from Baidu? Well, the day of announcement, QTUM made a 16% gain over the Bitcoin, with the huge spike in volume, which might indicate the starting point of recovery after the massive selloff. Nonetheless, price didn’t manage to break above the btc 0.000650 resistance, that is a 361.8% Fibonacci retracement level. While the daily close remains blow, QTUM/BTC uptrend expectations might be a little premature. If/when the resistance is broken, price should be able to reach the key resistance level at btc 0.001120, which is simultaneously a 38.2% and 525.2% Fibs. Only clean break above the key resistance shall indicate on the beginning of a longer-term uptrend. Yet, price remains under selling pressure, even after the QTUM announcement of the Amazon partnership. Does it suggest that such a ground-breaking partnership doesn’t mean much for investors? Only time will tell, but if price breaks below the btc 0.000523 low, tested on the 15 October, the bearish trend will likely to continue, down to either btc 0.000374 or 0.000228 support level. Support: 1. 0.000541 2. 0.000374 3. 0.000228 Resistance: 1. 0.000651 2. 0.000881 3. 0.001120
by CryptalDash
ION looking great after announcing partnership.Ionomy studios announced this past Friday that they have partnered with Rekell Games and will be involved in a redesign of the popular game Rumble Arena!! Jumping from coin rank 171 to 156 in the period of a week, USD value has increased more than 40 cents with a $7,188,296 increase in market cap since my last overview of the coin! Community wise, support for the coin is growing and technical analysis seems to be confirming an uptrend. Following support on the 1-day chart and recently bouncing from the .618 price action has wicked through resistance at the .382 twice in the last few days. Breaking a number of resistance lines on the 4-hour chart price action has also broken through resistance on the the RSI. If support for Ionomy's innovations continues, ION looks like it could reach it's all-time high of $8.18 again by the end of the year...and then who knows from there!
ILong
by theJadeCrow
While Bitcoin is Struggling Verge is performing extremely well. Verge is on a bull run while the rest of the crypto market is struggling. This is based on the fact that they've managed to raise 75m xvg through crowdfunding and a new partnership that they will announce on April 16th 2018. There seems to be a lot of excitement around this and this reflects in the price action. You have to remember this is a bear market and xvg is performing well despite this. There is much speculation about who the partner might be. A survey conducted on twitter by @CryptoKaku where 1,200 people have voted, the front runner is Amazon, followed by Pornhub. Some of the clues from the verge development team from the verge currency chat are as follows: 1. Market...e-commerce and more than that 2. Industry...a big online one 3. Multi billion dollar company. So there you go. Great times for Verge up ahead.
Long
by GBBBKSA
9
Verge is currently very Bullish. New Partner Announcement Apr 16Verge is currently very bullish. It reached 690 ($0.055) satoshi yesterday after that announcement that they have a new partner. The name of the partner has not yet been announced but will be on April 16th 2018. They have also managed to raise 75m XVG ($3.2m) through crowd funding in just over a week which is quite impressive. This basically shows how strong the very community/ family is and their belief in XVG. Since reaching 690 satoshi, there was a pullback to 504 ($0.040) but currently looking bullish again. The price currently has broken through the 0.618 fib. MACD and RSI on the hourly is looking bullish too. It should be relatively easy to get back to the 690 mark in the short term since there is a large hype of the announcement of their new partner. I won't even be surprised if xvg increases to 750 ($0.06)or even 1000 (0.08) satoshi by April 14 to 16. Let's see what the price gets to for the short term and then think about the mid term. Around April 15th, we might see a small sell off as traders take their profit and depending on how good the news is on the 16th, the future price of XVG will be decided. Do let me know your thoughts. Not advise just my opinion. DYOR before investing.
Long
by GBBBKSA
3
BIG announcement: Komodo + Monaize partnership TodayToday #KMD finally announced their BIG announcement. Partnership with Monaize www.monaize.com keep an eye on the price. It broke the support zone and could have a bigger pull back before another rise up. Disclaimer The information is not intended as and does not constitute investment advice to any person. The information here should not be construed as any endorsement, recommendation or sponsorship of any company or crypto. There are inherent risks in relying on, using or retrieving any information found here, and I urges you to make sure you understand these risks before relying on, using or retrieving any information on my posts. You should evaluate the information, and you should seek the advice of professionals, as appropriate, to evaluate any opinion, advice, other information. If you find this it useful, appreciate if you donate your BTC to 18Juo1Wn6ydx5U9wExNUMzruYZFATjT2Db
by Piraiee
Time to go long on PIRS, very long.The has been absolutely no fundamental change to this bio company that has multiple big pharma partners. Yet due to the overall biotech downturn NASDAQ:PIRS was hit pretty hard. This presents a true 10 bagger opportunity , and Im not even remotely stretching the truth. The technicals show you why right now is the PERFECT time to buy. A little due diligence will show you why its a must hold in 2016. As you will find here --> there is plenty in the pipeline, both propietary and partnered. And when your partners are this strong, its hard to fail.
PLong
by WholeLottaBull