I made a list of the coins that will be attending in the Consensus 2018 in NYC on the 14-16th of May. Do keep in mind that this meeting has pumped the 'BTC' value every year by about 50% to 100%. Bitmexlifestyle published an analysis of that and its not to be taken lightly. Not only is 'BTC' affected of this meeting but also the altcoins, especially the ones that are attending it.
So here is a list of those coins and I will be analyzing a few of them today: WAVES, Emercoin, Monaco, Trust Token, Zcoin, VeChain, 'CDT' (Blox), 'HGT' (Hellogold), SALT, Polymath, Zcash, Enigma, Pundi-X, Atonomi, QTUM, Ripple, AION, SONM, Ripio, 'Stellar', Agrello, ARK.
In this post I'll be looking for Ripple again, have you seen my last post on Ripple and did you get out some profits off it. If NOT take a quick look at it. Please give me a thumbs up and dont forget to follow if this information was useful for you. And if you want me to analyze your coins please mention it in the comments section below.
So, our good old buddy Ripple... By now the coin has achieved a fame to have its prices closely related to BTC. That means we will be feeling the positive effects of the Consensus 2018 on Ripple as well as BTC.
When it has its breakout at around 8216 you can buy in. The orange colored levels at approximately 8500 and 8700 are pivot levels on the Fibonacci Retracement where the price has to decide which direction its going. CCI is getting almost green which suggests that the prices will go higher in the short run. Nevertheless the MAs are above the price which puts pressure on the price so that it doesnt get much higher. In 1-1.5 moths I believe that the price will be higher than the peak of our last rally which was around 11k. So for longterm holders its a definite buy signal just before the Consensus '18. A thumbs up is greatly appreciated!
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