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The Crypto market has been more volatile since the introduction of Bitcoin Futures on the bigger regular exchanges and we had some volume peaks as new participants enter this exiting digital currency market, with holiday profit taking and the normal “fear” and “greed” phenomena clearly visible in price action. The more recent price action looks a lot like as Wyckoff put it, shaking out the “weak hands”.
As long as the $11500 level holds, we should see $18500 (maybe as soon as the weekend) and our longer term target sits at $24000.
Verge (XVG) has risen about 12 times higher to a high of 0.00001977 since our report on the 15th of December and is currently trading at 0.00000878, falling back more than 50% from the high.
Humaniq (HMQ) is currently at a good level for a buy, in our view a Crypto with lot of upward potential, trading at 0.00003825.
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