CryptoPub Daily - More or less?
Good afternoon cryptopubbers! We have had a good start to the week so lets stack up that FIAT for a good entry point and enjoy some cryptotalk over our daily drink specials.
Trade volume is alright today for Bitcoin which is up just over 2 points to $3,637. EOS has pushed its way into the top 3 in trading volume and is up over 8% as is Ripple which tops the growth on my ticker. Dash and ZEC semi private coins are stagnating a little so far while Monero is up a good 3%. In the Poodle race of entertaining alts, Tron and Lumens are in the green up around 3% while 0x Protocol is trailing the pack, down 2%
T&A today is brought to you again by @overkillcoin who has released some of his long-awaited, much anticipated crypto animation to lighten things up! https://steemit.com/art/@overkillcoin/mcdowntrend-s-animation-loads-of-memes
I am looking at the daily Bitcoin chart to see where this little dead cat bounce brings us more medium term. It is interesting to see that, after spending so much time outside the Bollinger Bands in the big drop, price has slowly stayed within the band since. The recent jump has stopped exactly where the median Bollinger is so watching over the next while will be very telling. With room at the top of the STOCH for more increase, a return to bullish trend for the short term could see price increase to the top Bollinger line over 4k. Like many other traders, I am not counting on this and am also looking at the bottom Bollinger line as a bounce back down will be a continuation of the bearish trend on the daily chart which started back on November 9th.
Source: @overkillcoin Be sure to spread this far and wide on your social media so that we can help our resident designer with a big Christmas boom. https://www.dropbox.com/sh/gidii9wvpb8bdbs/AAA6r_KraxrKQmF9G0KW9bOqa?dl=0
News of the day: https://www.ccn.com/big-crypto-recovery-as-eos-surges-35-can-bitcoin-recover-to-4000/
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Monero: 42h5cfr1xVpgZhcksYZnq5BdXXrA42sCZFrZfz6se6SwHh8r5cX51gnJGqzqmcLS9145aNd3NPvYvMTRep7fxnYeGSmg95p
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