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Nanocurrency

XNO NANO - RE-LISTING ON BINANCEHello people! For the last few days NANO was delisted from Binance because the NANO foundation changed the ticket from $nano to $XNO to fit better the financial naming standards. Today the chart is back on and super fresh. Some people managed to sell it for 3.9, which is extremely profitable considering that at this moment the price sits at 2.13 usdt. I think that the fib sped fan helps us observe some interesting points of contact for short term operations. Have a great week, people!
by Alexandre-Perrella
NANO - Shitcoin Mars trip potentialSo I was going to do my normal prophetic lines and such, then couldn't find a damn chart to do it with properly. I mean data from this one was around right? How could there be nothing.. :( Anyways, this has turned into a 'look what a total pos like Verge can do, now lets just take that % and move it onto NANO. BTW if you weren't around in 17 you won't know what a truly pos verge is. I mean it was like comedy, that spasticated dev whatever his fukin name was, absolutely 10 year old style leading the project... and people ate it up. And Verge went up like a rocket ship. Nano did too, in fact you made like 200x+ your BTC on it if you bought early. It was INSANE. BUT Nano at least has a decent team, great idea and has been fully distributed.. I reallllly like all those 3 points. I really like Nano actually if you didn't notice. Now, will it do it again? Just to ATH is 10x ish. Up to the fabled 100 buckaroos? Major gains. I am pretty sure we are going back to ath. To 100? not so sure. Maybe 70 or something. People were shitting all over Nano a month or whatever ago,, now their coming around. After the pump to $10 people will really focus on it and then we see what this thing has in store for us.
NLong
by Crypto-Quantum-Fox
Nano is looking good on every timescaleNano is prepared for a massive breakout - it looks fantastic on every timescale. Nano's bottomed out in March after 2 years of decline from the devastating general crypto bear market caused by Bitcoin's demonstrated inability to scale. It's now climbing, with enormous strength. Yesterday we saw a single sale of ~$500k worth of Nano - 0.3% of its supply - which is massive in Nano terms. Yet its price, though knocked down temporarily, is still no lower than 12 days previously. Nano is technically superb - instant, instantly immutably secure, audited secure, feeless, scalable, green, and ever-increasingly decentralized due to its superior Game Theory that doesn't financially reward validators. Nano doesn't need Bitcoin's current equivalent of 7 nuclear power station's energy to validate its transactions - the entire Nano network can run on the output of a single wind turbine. Bitcoin would take increasing amounts of global energy if its market price increased, as more miners rushed to join in - so Bitcoin doesn't scale environmentally on marketcap. It's now also beaten Bitcoin as a "Store of Value" (a silly concept, but it's BTC's supposed USP) over 12 months. The only thing that's held Nano back has been buyers needing to see confidence that its fall has been broken. Now that's happened, they'll be confident to come back to it, driven by its superior, scalable and unique Block Lattice technology.
NLong
by MartinAudley
NANO, and How I Used it To Time a BottomWhether or not we have truly seen bottom in the crypto market remains to be seen, but as I mentioned in my BTCUSD analysis(), NANOUSD is the coin that helped me to see the bigger picture. Why? Because I decided to compare it with an old BTCUSD bubble cycle from 2011, when it similarly rose from cents to around $30, only to crash back to $2. I used some simple math to predict the absolute bottom range for NANO before it happened: In 2011, (looking at the LOG GRAPH ONLY), the jumping off point of BTCUSD (low before the rise) was around $0.68. It then skyrocketed to around $29.60. It then declined to a low of $2.05, which is a factor of around 3 from $0.68. If you apply this math to NANOUSD at the end of 2017, you see that it began its parabolic rise around $0.20-30. It's important to note that while the coin was trading at a low of $0.10 before the rise, that is not when it really jumped If you multiply this range by a factor of 3, you arrive at $0.60-0.90. The average of this range is $0.70. I thought originally that BTCUSD would have to crash to 4K for this to happen, but NANO did this independently on August 13th, 2018, so I bought some more around $0.85 after I saw it reversing quickly, because I thought why not? Wish I had bought more though, but I didn't want to risk much at that point. Picked up a couple of other coins on that drop, because it seemed like a true capitulation event to me. The alt buying at that moment is what saved Bitcoin from dropping below 5.8K, in my opinion. In any case, currently after its huge reversal, it has cooled off considerably. This was to be expected. We are now in the process of forming an Adam & Eve bottom, with a base around 26k satoshis. If we drop below there, we should find support before 20k, but I think this will be the base. We also keep getting rejected off 29-30k (as we just saw today as well). Just as BTCUSD stayed in the $5 range for six months before finally starting another bull run, NANO will likely do the same in this $1.80-2.00 range. It's interesting to note that this is an increase of 2.67 from its bottom at around $0.75, whereas BTC stagnated at a factor of 2.5 from its bottom in 2011. I expect NANO's adoption cycle to play out similarly, and we may see an enormous pop in the near future. 6 months from August 13th is around Valentine's day, 2019. Let's see what happens. It could pop sooner, as the market cycles seem to have sped up a little. This is another coin I expect to use once adoption increases. BUY: 2600-3000 STOP LOSS: 2600 (although stop losses in crypto are dangerous. Someone can market sell into supply at any time and flush you out before a parabolic rise. Happened with LTC last December) SELL: 6000 Short term previous strong support turned strong resistance 8000 10000 14000 ?????? This is not a recommendation to buy or sell, and I am not a qualified financial advisor. This is one of my own investments, and a vision for how this could play out in the future. Of course, NANO could fail as a currency, but currently a lot of work is being done on improving it and it is being accepted by more merchants every day. This is an example of how belief works in emerging forms of money. NANO has a strong group of believers behind it, so I'm banking on it succeeding. -Victor Cobra
NLong
by VictorCobra
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