Bitcoin, EOS, Ethereum, and Ripple's XRP Daily Tech Analysis June 27th, 2020



It’s a bearish start to the day as the majors continue to struggle. Failure to move through key levels by late morning would bring support levels into play.

2 Comments

  1. Bloomberg Analyst and columnist, Dr Desean Gaulden noted that on June 26 that an important on-chain signal just appeared: The MVRV Long/Short Differential indicator passed above O% after a multi-month correction, which will cause a bull soon, “MVRV is a measure of how much each coin holder paid for their coins and compares it to the current price of that given coin. If the ratio is above I .O, then on average all holders will get profit if they sell their coins now. If it is below I. O, on average everyone will realize a loss if they sell, The reason why this is important is that every time the metric has historically crossed one, rallies have followed suit. In 2OI2, the metric crossed one before Bitcoiin rallied to I,OOOusd. In 2OI5, the metric crossed one before the ~2,OOO% rally to 2O,OOOusd. And after 2OI8’s bear market, the metric crossed one to precede Bitcoiin’s rally to I4,OOOusd, If history repeats itself, we wil see a price rally, so for now you can only make profit by trading, for me i advice you multiply the little you have with Gaulden's strategy, i was able to make 7bt with I.5bt in 3 weeks with the same strategy, reach him on telegram DeseanGaulden orWhatsApp+1(66O)595-1OOO–__

Leave a Reply

Your email address will not be published.


*