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As the Crypto Currency takes a breather from the recent explosive rise recently witnessed, ICONOMI is no exception.
Currently Ranked No. 27 in the Crypto Currency Market with a Market Capital of approx. $166m, ICONOMI joins the rest in taking a breather after seeing an explosion in price from the BUY Alert Signal of $0.73 on 12th May.
Currently priced at $1.90 we have a HOLD recommendation on ICONOMI and will monitor the technicals over the next few weeks.
Thanks for reading.
Stephen
That's a very well made post , thanks for sharing
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Shared on twitter. Stephen
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I'd say the market is in MORE than a "taking a breather mode".
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No kidding. I've never seen anyone say "taking a breather" in reaction to a massive decline.
Its a crash with a possible bounce in the making, but new lows on this issue seem close at hand. Forget hold, I'd be flat waiting for the knife to stop falling.
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This is normal to cryptos, moves up or down are very strong.
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good
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Nice post..
Up vote and follow..
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Slowly buying ICN
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I always thought that this coin is not so popular!
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Your Explaination is good. There are so many competition in Crypto Currency Market to be successful. Your guess and presentaton is nice.
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Is true that ICONOMI is the only gold-backed cryptocurrency? I read in a comment.
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Nope, but digix has a token that represents real gold.
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