Today’s Top Three of Concept Panel: “Side Chain,” “Exchange Issued Tokens,” “Super Computer.”
Any rise in cryptomarket is driven by capital. The concept panel rank rotates with a constant main force capital’s input and output. Lock down the coins on hype, track the trace of the big capitals to “dance” and “benefit” from the crypto fame.
Foreword:
BTC dropped below $8,000 and $7,800 marks, which two are crucial supporting levels. It has dropped to $7,420 earlier, an all-time low since the April 21st, the day when the main force capital tugged the BTC price from $6,900 to $7,600, which is the price range that the main force capitals for long position won’t give up so far. BTC is estimated to enter a $7,600 to $8,400 range battle between short position vs. long position capitals.
EOS is on hype for a while. EOS received strong support and rose to $11 after nose diving to $10.5. This indicates the EOS weekly gap has been filled and will rise and dive following the momentum.
Top Three Concept Panel Gainers
“Side Chain,” “Exchange Issued Token,” and “Super Computer”
Side Chain （6 coins/ 2 rise, 4 drop) increased 2.77% by average and it has $150 million 24-hour trade volume, which is the only rising panel by press time. ZEX: 24-hour change rate (17.27%), Trade Volume ($119M) ZEX dropped from $20 to $1 since May 11th, which has a huge potential to rise. Stay focused to its dynamics.
Exchange Issued Token (25 coins/ 8 rise, 17 drop) declined by 5.49%. Its 24-hour trading volume reached $0.57 billion. OKB 24-hour outflow is $5.79 billion. The Candlestick Charts and the bolling band show OKB is likely to return close to $3.
Super Computer (6 coins/ 1 rise, 4 drop) declined 6.5%, with $0.31 billion 24-hour trade volume. This panel carries unclear trend with several terms of capital outflows. Coinness will keep an eye on its dynamics.
That’s it. Coinness Panel Fame is a reference that should not form any evidence to your trade decision. Please stay focused and trade with caution. See you TMR.
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