Project @upvoteinvest on Steemit is designed for everyone who would like to become an investor without actually investing much! All the author rewards for our posts are used as a deposit for trading on crypto stock markets. Thus, generating more profit. All you need to do is to upvote. Every three months we pay back 50% of the income in Steem tokens to our subscribers who contributed to the project by upvoting our posts, according to their contributions.
Hello Steemians,
If you had a chance to read our previous posts, you probably already know what to expect from Bitcoin in the next few days.
We are still convinced the price of BTC will slowly go up to about $13800. While it won’t necessarily help top altcoins to grow, it’s likely to influence the coins that are currently below top 30 according to the Coinmarketcap rating.
In our opinion, coins related to already functioning platforms and projects, for instance in the banking, insurance or lending sectors, have the best chances for a steady growth this year. Steem token is also a good example, and we are hoping to witness its continuous rise.
At the same time secondary coins like MCO and QTUM, even though they showed some noticeable growth, couldn’t remain at the achieved level and rolled back. However, we are still expecting them to go up pretty soon.
The are two coins, RCN and TRST we would like to discuss in detail today. Below is a screenshot with RCN data from Coinmarketcap
The main idea behind this project is to create a chain of easy accessible private loans, first of all for the South America markets. This makes sense because the region is known for high inflation rates and tendency towards cash transactions.
Take a look at a three day chart here, it gives a better perspective. The coin is relatively young, so we won’t be drawing support or resistance lines in this case.
RCN remained petty stable at the time of the BTCcrazy rally in November and December last year. The team announced the launch of the operations in upcoming April and the overall situation for this token looks quite promising. There is a chance of a VERY rapid growth and signs of a bull trend.
Now let’s go through the TRST chart from the same source, Coinmarketcap
TRST offers a similar easy loan service and is also new to the market. Again, the three day chart can give us a clue on what to anticipate.
The main thing here is that it’s moving along the main resistance line, and has already went through it once at 0.00016. If that happens again, we will probably see a solid ascending trend. So, we recommend keeping an eye on this coin.
As of right now it’s almost impossible to predict how hight both RCN and TRST can jump. Everything will depend on wildcatters and they definitely love such opportunities.
We wish you profitable trading!
The @upvoteinvest team
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A formal disclaimer
Some of the posts might contain our opinion on trading strategies based on our technical and fundamental knowledge. However, please, invest at your own risk. We can’t be held responsible for any losses.
Great post
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поддержал, как всегда!
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