Not much has changed since our last update two days ago. Bitcoin is still stuck trading directionless around $230 per coin. Volatility continues to decline across the board as altcoins emulate big brother’s movements. In our article on Tuesday we hinted that market participants may adopt a ”wait and see” approach ahead of the third bitcoin auction scheduled for March 5th (7 days from today). While it seems implausible that crypto markets will remain subdued for another week, taking into account that we’re already experiencing very low volatility, stranger things have happened. Keep an eye on the levels we will share below and don’t try to preempt the eventual breakout.
Namecoin With Another Bounce Near $0.55
Alternative cryptocurrency Namecoin had another bounce near the important $0.55 mark. On Tuesday prices traded as high as $0.539 before falling back. The crypto has been trading in a range between $0.40 and $.55 for the past month, as can be seen on the chart below.
READ MORE https://blog.fxopen.com/namecoin-bounces-off-0-55-peercoin-stil-in-range/
IMPORTANT INFORMATION
FXOpen’s New Prize Draw “Get an FXOpen Coin!”
Starting from February 23rd through May 3rd, FXOpen will be holding a special prize draw for a limited edition special commemorative Silver Bullion Coin decorated with the company’s logo. The coins are designed exclusively for FXOpen clients. Any client, who holds a minimum of US$200 deposited in total in his/her FXOpen trading accounts, automatically enters the draw.
During the 10-week period we plan to give away 50 FXOpen Coins. Each working day a silver coin of 1.00 troy oz will be raffled off and delivered to its new owner. The winners will be selected randomly. The names of the winners will be published in the daily reports on the corporate blog. The weekly list of winners will be available in the “News” section of our official website.
READ MORE https://www.fxopen.com/en/fxopens-new-prize-draw-get-a-fxopen-coin
