Visa
ICX/USDT Iconloop is hitting $3 in April 2020, and $60 in 20302020.02.02 is the the first global palindrome day in 909 years. This date was chosen to introduce a theme that now resounds globally due to climate change and other governmental challenges that developed cities and emerging economies face on a wide scale:
At the start of 2020 We Celebrate the past, and create the future. We are ready to embrace Smart Cities, Connected Cities by Hyperconnecting the world.
As I write this post, ICX is up more than 350% in only 30 days! Why? It has a sudden skyrocketted 24 hour volume of 420 million and is now number 33 on coinmarketcap.
As I did a thorough research on what exactly is iconloop blockchain and who are behind it I was completely mindblown to the smithereens.
Iconloop blockchain has received open government support, vc funding and has been approved by South Korean FSC for some time now. It also has wide support from some of the largest Korean banks and the United Nations to continue presenting South Korea's capital Soul city the best example of a Hyperconnected Smart City.
The chronological milestones that connect the dots back to iconloop and icon foundation are a real jaw dropping experience. People are quickly realizing who is really behind iconloop and how price will catch on with the list of developments achieved so far, despite the fact that iconloop and icon foundation are only 4 years old. This recent price action suggests the genie is finally out of the lamp, YES!
The sleeping giant is waking up as it takes the world by storm!
Over the past 2 years alone, ICON has Partnered with a myriad of companies , to connect the largest Korean bank records, health history, higher education credentials , transportation services, authentification requirements mandated by local governments.
Thanks to Iconloop and Samsung's dpass, citizens can have a new digital identification through Samsung Pay and Idemia that's already already being used is one of many Samsung subsidiaries working towards the same cooperative vision of interconnecting the world and is being implemented by a growing number of countries worldwide, the largest korean banks also use iconloop's technology to connect smart citizens to bank records including SBI .
Colombia is an example of a progressive country in an emerging economy Colombia 's, who had been seeking a way to replicate x-roads model of interoperability . In this case, they had waited for a solution like iconloop not available to the world for many years, 8 years later after updating their public transportation system with the help of Korean banks and Seoul government , they've finally announced a digital id system is on the way to continue of a cashless society, and of course they are not the only ones racing to get there.
South Korea's first Central Bank Digital Currency bridged through iconloop called S-Coin will release this same year!
South Korea’s ministry of science and technology has plans to invest 450 billion won (~$382 million) for blockchain research and development in the next 4 years.
Yahoo finance and crunchbase reported the startup with 100+ employees has recently received more than 8 million dollars in funding out of an announced 382 million destined to the same set of solutions offered by iconloop.
The list of commercial partnerships keeps growing at a skyrocketting pace!
Forbes writing about an Invisible ‘Global Currency’ That’s 24 Times Bigger Than Bitcoin hinting at Mastercard, Visa who resound the global vision of Samsung called Digitally Connected Smart Cities. Mastercard and Visa brochures promoting a cashless world with efficient transportation systems like the one mastered by Seoul while featuring internationally awarded and a recognized former Mayor of Bogotá. Bogotá is one of many cities that accepted a total of 176 million dollars from LG CNS , a Korean services company and subsidiary of the LG Group, confirming their responsibility for providing the most advanced information technology solutions of its kind to Recaudo Bogota, representing Korea’s largest ever information-technology services export as iconloop continues leveraging the technology implemented in Seoul’s public transport system to develop a custom solution for smart cities, hyper connected cities by 2030. Their plan is to meet modern cities fare collection, fleet management, and user-information needs.
Korean banks backing mobility and transportation hyper connected smart city solutions since the Millenium, like for instance Bogotá transit system backed by Smart Cities confirming they are looking to integrate iconloop blockchain technology developed at the heart of Samsung's Seoul city.
By connecting the dots, you soon realize why iconloop will be worth billions of dollars by 2030, that puts the value of each icx utility token in circulation to about 60 dollars a piece.
This is THE best investment that can truly change your life. Project price by December of 2021, 12 dollars! This year it will hit 3 dollars! Current price? less than 50 cents.
A true gem.
#Tokio2020 #iconloop #samsung #visa #mastercard #lggroup #cashless #smartcities #seoul #korea #iconproject $icx #japan
Visa Psychological Resistance 200Possible psychological resistance at $200 a share, wouldn't recommend shorting this as this is a very consistent stock, providing steady returns, however it will be interesting to see what occurs once price has broken the $200 milestone. Also sitting at top of regression trend, which may lead to a small pullback
VISA - DAILY CHART
Hi, today we are going to talk about Visa and its current landscape.
As nowadays we live in a consumerist society and access to a credit card has continually become easier to obtain, is reasonable to predict that the card debts are also going to rise too, as financial education isn't the strong point of U.S consumers, and are used to the debt culture.
The heat up U.S economy put credit card companies in a more comfortable zone as the unemployment rate remains near to historic lows, which helps customers to keep up with their bills. However, the question that worth to be raised here is, if the 90 days past due card debt is probably surging to 2.01%, the highest level since 2010 amid a heated economy, what is going to happen with this type of debt, once the U.S economy make its first downward movement of correction and make harder for customers pay their credit card bills. Even with the credit card issuers tighten their credit standards, we can't be sure it's going to be enough to avoid a crisis on the sector, which could lead to a flood of bad debt, decline of new credit card issuance and other types of liabilities. This scenario could mean concerning news for Visa if the company doesn't progressively start to deploy the proper countermeasures for this scenario.
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IS THAT BITCOIN OR MASTERCARD???Looking at the chart of Master Card you will find two amazing insights!
First: The chart a few years ago looked pretty much the same as Bitcoin is now. If you compare the fibonacci retracements and the development to those of Bitcoin , Bitcoin should be around 200.000$ by the end of 2023.
Second: Master Card has finished that second heavy cycle and is looking as if it would collaps very soon, compared to the Bitcoin chart in December 2017.
MA and V patiently waiting for confirmationCurrently waiting for the blue line to close above orange. With the cross awaiting to happen on the MACD. Once MACD crosses with the cross of blue over orange. It will be a very strong buy till the heikin Ashi candle closes red with volume that's when ill sell rinse and repeat. If you did so from January you would of made a nice 45%+ gain this year ALONE. WOW!
VISA approaching support, potential for a bounce!
VISA is expected to drop to 1st support at 168.40 where it could potentially react off and up to 1st resistance at 186.90.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Visa approaching support, potential for a bounce!
Visa is expected to drop to 1st support at 168.40 where it could potentially react off and up to 1st resistance at 186.90.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
VISA approaching support, potential for a bounce!
VISA is expected to drop to 1st support at 168.40 where it could potentially react off and up to 1st resistance at 186.90.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
$V Potential Short Swing Setup Forming I have been watching $V for a while now, along with $MA and some other major credit card companies.
In particular, $V is interesting to me because of its clear pattern in volume on the 1M chart:
On top of that, it is approaching this bear divergence line on the RSI:
While it is not there yet, the weekly is showing some signs on the RSI that a dive lower might be in order:
As we cross 20, it is likely we will close in on 0, and that could lead to some serious oversold levels on smaller time frames.
One other notable thing is that we are very close to the top of this expanding wedge, and have now seen some sharp selling after the last two thrusts on the weekly:
The 1D shows that we are right on the trend line, and if we fall, it will likely be sharp. RSI is also still a bit bearish here, having just crossed below 20 on the close today:
The 4H is just as bearish, with this dead cat bounce leaving us at a close on the trendline:
Basically, if this rallies off this trend line but fails to make a higher high before exhausting on the 1D RSI, or it plunges below, I think you are safe to open a short position.
With confirmation, I think you are safe to target the $166 and $156 price levels from here on the daily: