MaidSafeCoin (MAID & eMAID) - Price & Trading topic (Part 2)

The price is on a real downward trajectory here. I am caught in two minds, now obviously it is a buying opportunity but I am also asking myself yes but why is it? Why are support levels not being maintained?

Just sell up and go away and be optimistic somewhere else

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Beta has entered a get ready and wait state and I guess some have decided its not worth the waiting and moved on. Only takes a very small number to do this to see a big drop. Weak hands and all that.
My prediction would be that once the update comes through and then when uploads start in earnest the interest will be revived. Two major steps coming up (upgrade & uploads incr) and they may occur within hours of each other.

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Whenever the date for official marketing begins, we won’t be seeing these levels.

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Traders are going to trade. The short term noise doesn’t matter. The long time value of the project does and that will be shown in the price over time. Very few people have heard about Autonomi. Over time they will if the project delivers as it looks like it is starting to now.

If you freak out about every little dip, you are possibly over invested or do not have the understanding or conviction of your investment.

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In addition to @neo’s good points, remember that volumes are still extremely low. So volatility is going to be extremely high. This is part of the territory here until we get new token and are on large exchanges. So buckle in or trade the waves.

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I am not “freaking out” just jaded after some 8 years in this.

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I can understand that. I’ve been invested 10 years. But happy to see the project in beta with an exciting road map ahead.

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59 posts were split to a new topic: Pay once store forever

$0.56 is the first level to watch to the downside together with the 128 day moving average. Looking at current price action I would not expect that to result in a strong bounce.

0.485 is the next level, which also is the price where a lot of tokens changed hands in the upper price range.

After that it’s the sweep of $0.43 and worst case $0.27 (please, god no).

To the upside we’re continuing to look at $0.65 which is alligning with the 50 day moving average. Personally I’m bearish until we get above this level, that doesn’t mean I dare sell at these levels.

On project level I’m expecting this week will bring network improvements which will allow wave 2 to start. And if proven stable I expect partnership announcements and small marketing efforts to start early next week.

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I think that although the listing on Bitmart still has a short history, it is worth looking at the technical analisys, it is interesting to see the level of the Accum/Dist indicator, or accumulation/distribution on the weekly chart of eMaid:

It can be seen that since the 1st of April, the price has had a negative divergence from the indicator, which means that the rise in the price is not confirmed by the indicator, i.e. since the 1st of April, the market has been giving away tokens during the rise in the price.

The daily chart tells a bit different story:

However, it can be seen that the rise in the price is dynamic, while the ‘Accum/Dist’ indicator is close to neutral, meaning that the rise is not fully supported by the indicator either.

However, the indicator on the weekly chart is of a higher order as it shows things in a more global perspective (longer periods and higher volumes per chart unit).

However, this is only an analysis and should not be taken as a recommendation to buy or sell!

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but will people start caring before the coin is diluted? :thinking:

Analysis of recent (May) crypto report on adoption - very bullish.

Once we get past launch and are on some bigger exchanges, our scalability and no fees should give us a big boost up I hope.

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On Bitmart we had a very short moment we touched $0.56 and quickly moved away from it. Since that monement it looks like we’ve found the momentum upwards again. Let’s see if we can get back above the 128 day moving average again. Currently sitting at just over $0.60. Move up is without much volume so hard to tell if we can keep this momentum going.

Tomorrows update and maybe some marketing/partnership announcements sure makes it a fun week ahead.

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And here comes the moment when he publicly admits his lies, I wonder if you still think he’s Satoshi?


Privacy. Security. Freedom

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And the Dutch are no longer able to trade (Emaid) on Bitmart, I mean no disrespect to any of these regions on the list (except for the State of New York :stuck_out_tongue_winking_eye:), but the Netherlands does seem like the odd one out here.

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Whenever that marketing campaign begins, maybe some diamond hands will finally start letting go of some. Waits with the patience of a thousand suns.

Don’t hold your breath :rofl:

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I think that by the end of the year we will not see any sub $1 prices anymore.

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no one has a chrystal ball, but I think thats very conservative. When it lands on some high profile exchanges the game is on.

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