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Chiacoin

Chia Network XCH Is Ready For Altseason!Hello, Skyrexians! While altcoins are still in the correction and we have the great buy opportunities we continue observe altcoins ant their targets for bull run. Today we have OKX:XCHUSDT for analysis. I know most of people hate this coin because of its permanent dump. Today we will try to understand if Chia holders have any chance to see the breakeven or profit for their investment. Let's take a look at the weekly time frame. This coin is definitely in the downtrend and we cannot wait for the new ATH. The downward move has the clear 5 Elliott waves structure which is likely to be finished already. The green dot at the bottom for Bullish/Bearish Reversal Bar Indicator is the strongest confirmation for the bull run start. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . Target for the bull run is the zone between Fibonacci 0.5 and 0.61 at $200 and $340. This is global downtrend coin, so we expect the new all-time low after reaching this target during the altseason. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
NFTs Are Here to Stay: Proof-of-Storage Makes its MoveBack from NFTNYC 2022 (was showcasing and promoting our new company there) and the biggest takeaway from the conference was the NFTs are here to stay, despite the downturn in the markets right now. But during this period of market consolidation there have been a few "spikes" among select alt-coins as people start to tighten up their wallets and look for projects that have more utility over hype. The last few weeks have been very good for projects associated with decentralized storage systems, which includes STORJ and XCH (Chia Coin), which has basically outperformed every other crypto asset out there. (50%+ in the last few weeks.) These are the "signs of life" investors often look for to see if a project has "resilience" against the typical waves of ups and downs. Proof-of-storage projects have potential large upsides - especially in the long-term - because while betting on which NFT project is going to "moon" can be extremely risky, it's a "sell pickaxes, not gold" situation where you can potentially profit off of regardless of which NFT collection themselves do well. Especially with security vulnerabilities starting to emerge as people realize that many NFT collections (including big-name platforms like OpenSea) are not actually decentralized and may be vulnerable to hacking or company bankruptcy. In the past the question was - "are people going to care enough to protect these .jpgs in the proper way?" It seems like the answer to that is yes, and projects that already have solutions to said problems are likely to do well, long-term.
COINBASE:STORJUSDLong
by RyanTanaka
Decentralized Storage for #NFTs and More - $STORJ, $FIL, $XCHHave you guys noticed that there isn't any video NFTs out there? That's because there's nowhere to store them right now on the blockchain. STORJ ($STORJ) has done well this year due to the fact that people are seeking decentralized storage systems due to massive demand for #NFTs. Filecoin ($FIL) has yet to make a move but in my opinion that's because they're targeting enterprise and institutional money Chia ($XCH) is an interesting system that uses Proof-of-Space algorithms to verify transactions, similar to Bitcoin's Proof-of-Work. It's a very obscure project but it could potentially have big upsides once the ecosystem matures since it's a way for miner-types to make a few extra bucks with the HD space that they have sitting around. Either way, decentralized storage systems being a thing in the future seems like a sure thing at this point. Hedge your bets accordingly. 👍
SLong
by RyanTanaka
Decentralized Storage for NFTs and More - STORJ, Filecoin, CHIAHave you guys noticed that there isn't any video NFTs out there? That's because there's nowhere to store them right now on the blockchain. STORJ ($STORJ) has done well this year due to the fact that people are seeking decentralized storage systems due to massive demand for #NFTs. Filecoin ($FIL) has yet to make a move but in my opinion that's because they're targeting enterprise and institutional money Chia ($XCH) is an interesting system that uses Proof-of-Space algorithms to verify transactions, similar to Bitcoin's Proof-of-Work. It's a very obscure project but it could potentially have big upsides once the ecosystem matures since it's a way for miner-types to make a few extra bucks with the HD space that they have sitting around. Either way, decentralized storage systems being a thing in the future seems like a sure thing at this point. Hedge your bets accordingly. 👍
SLong
by RyanTanaka
XCH on Daily (chia-pooling-protocol-officially-released)The Chia Network created the coin with a focus on the environmental implications of digital currency "mining" — the highly specialized, energy-intensive computing process that creates new coins by solving complex equations. The Chia Network was founded by Bram Cohen, who also invented the peer-to-peer file-sharing system BitTorrent, The key difference between chia and other cryptos, according to its founders, is its "proofs of space and time" method of verifying transactions that utilizes unused disk space on users' hard drives and is more energy-efficient than bitcoin's "proof of work" model. It starts to look good for XCH on Daily as well as on lower time frames DYOR blog.pool.space www.chia.net pool.space ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only. KEYWORDS R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
XLong
by Anoinvest
7
Chia XCHUSDT 6h So far there is little positive on the chartIn recent months, the Chia Network project made a little noise and made itself felt in the cryptocurrency market because the price of the Chia token reached $1,700 at highs Our colleague, more closely follows the project, and told us that the project is developing, the network has grown more than 60 times and there are many positive reviews more. We do not know how and do not want to fall in love with projects, but simply consider each of them as a tool for trading. So let's see what the XCHUSDT chart tells us. Now we see little positive on the chart, the volumes are decreasing, and the price falls with red candles and without any problems and struggles approached the critical level of $500. Below $500, the nerves of the most stable ones will give way and the price of ChiaUSDT may start to fall even faster. We assume that a lot of money will start to be purchased thoroughly no earlier than in the $320-340 zone. The minimum positive scenario is a rebound from $500 to $ 570-600 And then you will have to look at who is stronger: - If buyers, then grow up to $900 is possible - If sellers, then drop to $400, or even to $320-340 _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness b y 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
30