CryptoPub Daily - Friday Bounce?
Good Mornin' Cryptopub. We already have the tunes playing and are finding a little green on the charts to celebrate our way into the weekend.
![Oct 12 Ticker.jpg](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmSmR6mTeFiB149jPeA26HDgPaSHLzWZdMNvH534vv9T6P/Oct%2012%20Ticker.jpg)
A day of slight rebound continues as Bitcoin volume has dropped off again and price is sitting up a point to $6,330. Ripple, 0X and Bitcoin Gold are bouncing back and rising a little faster while others are just a little down on the day. ELF is the only Poodle Race coin in the red, down a half point in last, while Tron, Funfair and Lumens trail 0x respectively.
T&A today brought to you by our resident celebrity artist @overkillcoin and the RollerPoster https://steemit.com/art/@overkillcoin/art-spammy-visits-the-rollerposter
Looking at the 12-hour Bitcoin chart, the many days of consolidation and low trade volume lead to a squeezing of the Bollinger deviation lines and a break downward. With a strong downward cross on the MACD and a drop right to the bottom of the STOCH, we have rebounded a little and found some stability at the 100-day support line. We haven't reached the bottom of the STOCH on the daily chart so I am still expecting a drop to continue and am leaving my limit buys where I set them yesterday.
Strong Buy of the Day
- Aragon (ANT/ETH) - Eth Traders buying decentralized organization blockchain today - https://aragon.org/ https://www.tradingview.com/symbols/ANTETH/
Source: @overkillcoin
News of the Day - Ripple - https://www.ccn.com/ripple-xrp-marks-the-best-correction-as-crypto-market-recovers/
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Woops! ZRX just dove down 10%!
I think is was added to coinbase or something recently and might account for the increased trade volume and volatility.