Fundamental and Technical analysis on XDN

in #xdn7 years ago

DigiNote (XDN) found on Bittrex exchange. This coin has some strong fundamentals and if you read the white paper which you can find here

xdn.png

A little background about the coin:

"DigitalNote (XDN) provides instant worldwide privacy protected transactions and untraceable encrypted messaging transfers with almost zero processing fees in decentralized peer-to-peer users network. Mathematics secures the XDN network and empowers individuals to control their own finances and information. Your private key is your bank account, with no censorship and surveillance''.

Now for the technical side. Looking at XDN on a longer time frame we can see that it has come out of it's months of bearish resistance. Recent pull backs are a result of the upcoming bitcoin fork (28th December) but if you look closer at the 1-2 hour time frame and also the 3 day time frame you'll find there's some HUGE upcoming gains. And even though there are sell offs during a fork some Alts move in an upwards direction. Bare that in mind.

I'm definitely going to be holding this coin from now and moving into the new year I'm expecting some great upside potential not only in XDN but also a few other coins.

Please also remember this disclaimer:

I am not a financial advisor and Crypto trading is risky so knowing that if you choose to trade with the information I'm sharing then you are doing so at your own risk and if the trade goes against you then I cannot be held responsible for that.

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very important info,thanks for sharing @ zakariashikder. now alredy resteemed this post

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