CryptoPub Daily - Happy REAL new year!

in #cryptopub5 years ago

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Happy New Year Cryptopub! It is 7 days late according to the calendar but I know many people are having their grand opening today as the first working Monday of the year. I should slip into a more regular pace and am very excited to see where we will be by the end of 2019 in crypto land.

Jan 7 Ticker.jpg

Trade volume on Bitfinex is low (most likely because of the maintenance down time) as Bitcoin is down about 1% from where it was yesterday at this time around $4,150. Ethereum, EOS and Ethereum classic are down a little more comparatively and TRON (TRX) is actually up almost 2% on the day by contrast. In the Poodle Race, we have the whole race in the green lead by Lumens up 3% except 0X Protocol (ZRX) down almost 4% from there is was yesterday.

Jan 7 ticker.jpg

As a throw back to the good old days, here is where we were this time last year. $16k BTC, $1,100 ETH and $279 Litecoin SOBS!

Jan 7 BTC T&A.jpg

T&A today brought to you by @taskmaster4450 predicting an explosion in STEEM https://steemit.com/busy/@taskmaster4450/steem-is-going-to-go-insane-there-is-a-major-supply-problem
I am still looking to the daily Bitcoin chart as it drives the short term fate of all crypto. The price has popped up above the 50-day moving average for the first time since early November and the mysterious $300 pump on Sunday has resulted in the third MACD bounce back up since the last cross upward on Dec 1st. You can see the STOCH and the Bollinger bands have shown us in Bullish territory (above the mid STOCH and median Bollinger line) which is as encouraging as the room we have left on top of the STOCH right now between where we are and 100 (Overbought.) I am torn right now as the trend has us consolidating sideways, my cautious side has me hedge selling, and biggest moves up are made at the top of the STOCH. I have an optimistic target set at ~$4300 which is where the upper Bollinger is as well as the 45-day resistance.


Source/News: https://cryptobriefing.com/zcash-tech-fires-ethereum-scalability/

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Welcome back! I've been pre-occupied by non-arty stuff...

Thanks!

You are just in momentum building mode and I have faith you will be back in a huge fashion. Have a drink in the meantime!

Congratulations @vanessav! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 900 comments. Your next target is to reach 1000 comments.

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To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard:

SteemWhales has officially moved to SteemitBoard Ranking
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Support SteemitBoard's project! Vote for its witness and get one more award!

Thanks for putting me on to @taskmaster4450, great bullish article on steem. Makes me feel better about powering up in these dark times.

Please play this in the pub, makes anyone feel better about the future of crypto:

Cheers!

There is plenty of good news and we will be wise to expect a slow recovery of Crypto in general. As for STEEM, it may go lower and I will just keep stacking it up as I am certain we will be way back up over this price.

Good to have you hanging out even in the crypto winter!

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STEEM 0.32
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BTC 69148.77
ETH 3515.06
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