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Weekly buy opportunities - Cashless societyI recommend entering a long position in the idea that the ultimate goal is to replace cash in society if you're an investor. As per Bitcoin cash's ultimate goal to achieve 'mankind scale, 50 transactions a day for 10 billion humans', coins such as Litecoin, Bitcoin, Bitcoin Cash hold massive potential. Kyber and 0x are not very applicable in this area, however it is always nice to generate some capital from a clearly bullish coin. The Gaussian channel indicator provides us this data Its only a matter of time
BINANCE:ZRXUSD
by Bixley
1
0x- Dex tokens go up with DeFi goldrush! Long it in the buy zone unless the breakout fails and the price falls below the invalidation lvl. 0x (ZRX) & kyber network (KNC) are two of the older DEX tokens (Decentralized exchanges) and they are both on Coinbase. Whereas, Balancer (BAL), airswap (AST) and other DEX token s are not. ZRX is still under $1 and unlike KNC which has gone up 10x already, it has "only" gone up 2x this year. Furthermore, its spot trading volume is consistently ranked among top 10 DEX (Uniswap doesn't have the native governance token) and its token, in terms of trading volume, is consistently ranked in the top 5 DEX tokens. The only thing to watch out for is its market cap... Yes, in crypto, 300 million market cap means large cap and speculators had the penchant for driving up the price of low market cap tokens between 50 to 100 million back in 2017. I expect the Defi gold rush and liquidity farming to continue carry DEX, lending and oracle tokens at least in the near future.
Long
by Libratus
1
0x (ZRX) Consolidating, Potential Bullish Move Ahead0x (ZRXBTC) has been consolidating and holding the same support level for multiple months now. The trading volume is stagnant which signals that this is an accumulation phase. A strong bullish move can easily follow. Conditions for change The above signal is only true if prices remain trading above the MA200 black line. If prices break below this level, the above analysis becomes invalid. Thanks a lot for your continued support. Namaste.
Long
by AlanSantana
6