$CRPT lower low then up!Most LIKELY we need to make a new lower low. Then we should reverse to at least top of the channel. Lower low would be right about the bottom trendline and hit the fib as well.
CRPTUSD trade ideas
$CRPT Looking LONG! ***If*** AMEX:CRPT then we should expect .1!!!! Been a long time for a retrace. Over due.
CRPT 1Day SpeculationThis caught my eye on the 1 Day chart for CRPT.
Lookls like we are snug up against several resistance zones, which if conquered,
could lead to a massive breakout!
Always trade your own Ideas!
Good luck!
CRPT 18HR long to .135ishCRPT 18HR looks like a good buy in opportunity around this price .11 price area. It looks primed to conservatively run to .134-.14.
3X 3 XX Easily.. Take your profits and close the trade .. Don't keep it.. Not advice to buy. Everything I post here is for me only.
Crypto Daily: Top-5 Portfolio Grew by 20%Today we continue to talk about our experiment with rebalancing a portfolio from the Top-5 cryptocurrencies
For the previous three weeks in a row, our portfolio had been steadily declining and showing a clear downtrend. During this time, its value has decreased by 12.5%. Let’s see if we managed to break this trend over the past 7 days:
As you can see from the table, our portfolio was able to break the negative trend and showed very strong growth of 20% or $7,500. This is one of the highest rates for the entire time of our experiment. Thus, the volume of the portfolio again exceeded the important $40,000 mark. Absolutely all assets in the portfolio showed positive dynamics this time.
At the same time, Bitcoin became the growth leader, despite the highest capitalization on the market. Its growth was 25.2%, which allowed it to regain a foothold at $40,000. The main resistance on the chart is in the $40,000 — $41,330 range. If Bitcoin breaks through it, then the price can quickly rise by tens of percent. Anchoring above the 200-day moving average is a good sign. A few days ago, a “double bottom” pattern formed on the bitcoin chart, which also indicates an increase in the $44,000 — $45,000 area.
XRP was only slightly behind Bitcoin and rose 24.92% over the week, which is also a strong result. The chart tested the 200-day moving average and bounced down. However, many signs indicate a reversal trend, which could lead to a new round of growth in the $0.92 — $1 range.
Litecoin also saw significant gains, gaining nearly 20% in value. The chart was able to break through the upper border of the descending channel and fixed above it. This opens up significant space for the coin to grow. The closest level the chart will strive to reach is the $170 mark. This is where the final transition to an uptrend is located.
Ethereum also posted good gains, up nearly 16% over the past week. For the last 4 days, the chart has been storming the $2,300 level and cannot overcome it in any way. This is a key area for Ethereum. When the price consolidates above this level, there will be an opportunity for growth by 30% — 40% up to $3,000. This development is especially likely in light of the upcoming London hard fork on the Ethereum blockchain.
CRPT this time showed the weakest dynamics since it became the growth leader last time. The coin chart began to show the first signs of a reversal. Namely, the price bounced off the largest support level and has already increased by 20%. The indicators also point to strong oversold and have already begun to turn upward. All this could trigger a very strong wave of growth in the coming months, up to the $0.50 mark.
The assets in our portfolio continue to remain in acceptable proportions, so today we will not rebalance the portfolio.
The past week has been very positive for the cryptocurrency market. The vast majority of cryptocurrencies have turned upward and are testing resistance zones. Depending on whether they are able to break through them, the further direction of the market movement will become clear.
CRPT token team started burning tokens Do you know that Crypterium has burned more than 1 million CRPT tokens settling the first step in a series of extra burnings?
Crypterium team collected 1,080,765 CRPT tokens that were successfully burned on July 11. The first step towards burning 30% of the total supply is made!
At the same time, Crypterium confirms that the burning amount will be growing further since the team will be redeeming tokens from the open market for burning purposes.
The team burned more than 2.5M tokens in total, and it is worth saying that more than 18M tokens out of 83M are frozen on the savings accounts
Moving forward, Crypterium is forecasting to hit a €200.000.000 monthly cash flow within the next two years. Such a sum would represent a burn volume of €1.000.000 worth of CRPT tokens, a significant increase from current levels.
These simple factors can play a significant role in the long-term value, don't you think so? :)
