NXT price performance. I'm watching the open and close prices today.steemCreated with Sketch.

in crypto •  5 months ago

Hey fellow Steemers, I hope today has been a happy one for yourself. I woke up a little later than usual since I was writing some articles late last night and am finally done with university I gave myself the extra sleep. The crypto markets are playing nicely today, I'm especially enjoying XVG's performance.

nxt.png

So we've seen an increased sell off in NXT even though most other coins took this week well and began what is turning out to start looking like their next waves in the market cycles. As you can see on both the 6hr chart and the 12hr chart we fell through the cloud and are currently trading at a line of support. If we can hold this line and close on it or above and proceed to work through the cloud again this will be a very bullish sign for NXT. The Stoch RSI on both time frames is completely oversold and has been for a good while, so its my belief that we've finally worn out all the sellers. If you take a look at the volume candles on both time frames you can tell that this has been wearing off as well. Lets paint the next candle green!

6hr:
NXT open and close line graph.png

12hr:
NXT open close on 12hr.png

Thank you for taking the time to read my post. If you think it is worth your upvote and resteem I would greatly appreciate it! You can follow me if you want more content similar to this or are interested in abstract psychedelic art and my general de-banking journey as I walk it. Lets start a conversation in the comment section.. let me know what your thoughts are :)

Peace, Love and Light.
Mark

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Nice post

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Thank you!

I just cancelled my xvg sell order..... I'm holding till nxt year

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Nice! Each to their own, I prefer to take a little profit here or there but the majority of my bag will stay untouched for a long while...

Solid blog. Same thoughts here. The current total market cap of all cryptos might seem high but blockchain is here to stay and will involve all our lives. I do see a bright future for everyone that's hold's their coins with a long term vision. I was wondering if anyone of you uses: https://www.coincheckup.com I don't know any other site that gives such good inisghts in the team, the product, advisors, community, the business and the business model, etc. For example: https://www.coincheckup.com/coins/Nxt#analysis For a complete Nxt Investment research report.