Peercoin Hits Bottom | Up to 8300% PProfits To All-Time High

19 Agu 2019

Peercoin (PPCBTC), one of the first cryptocurrency projects to launch and also a classic, hit a new all-time low on the week of the 15th of July and started to print some bullish signals... Let's take a look:

• After hitting a new ATL, PPCBTC printed the "Morning star" pattern. This is a bullish pattern and holds additional strength here as we are looking at the weekly time frame.
  
  
• Together with this new low and the bullish candlestick pattern, we can see a massive increase in trading volume and a huge 100%+ bounce.
  
  
• Long-term bullish divergence, since late 2017, can be spotted on the MACD (purple arrow).
  
  
• The RSI hit massively oversold and its lowest ever.
  
  
• The profits potential for PPCBTC from the current price (0.00004128) to Novembers '16 peak price, is a massive 8300%+.
  
  
• Just reaching EMA50 (0.00011630) from the current price, which can be easily achieved, can generate a generous 181% gains.
  

As you can see, Peercoin has been available for trading on Bittrex since April 2014. Good for long-term hold and to diversify.

Any questions?

Feel free to use the comments section below...
It will be my pleasure to answer any questions.

Namaste.