Where Is The Darkcoin Price Forecast Heading To? To The Dark Or To The Bright Side? (DRK/BTC)
We are issuing a Darkcoin price forecast based on cryptocurrency technical analysis. We are zooming in on both, long and short term. Over the past weeks, bitcoin prices behaved very weak. But even worse, most altoins have been even weaker. The only cryptocurrency that behaves strongly and even outperforms bitcoin over in 2015 is darkcoin.
In 2015 to date, Darkcoin prices are up from 0.0062245 BTC to 0.0081504 BTC, a percentage gain of +30.9% versus bitcoin.
Darkcoin Price Forecast Long Term:
The Darkcoin price rally since January 2015 remains intact. The price action has formed an uptrend line that has been tested successfully a few times.
What is next? As long as prices remain above the green uptrend line, we can expect a further darkcoin rally. The first target could be 0.008990 BTC. If this level can be breached, we can even see prices rallying to an even brighter side of 0.01 BTC in the near future.
Darkcoin Price Forecast Longterm
Summary:
TREND UP as long as holding above the January 30 low of 0.006350 BTC (target: 0.008990 BTC). Bearish below 0.006349 BTC (downside target 0.00540 BTC, a previous low).
Darkcoin Price Forecast Short Term:
Here, we are zooming into the last 10 days of darkcoin price action: In the short term chart, we clearly see a parallel trend channel that we also call bull flag. Usually, a breakout should happen to the upside.
A rise above 0.0083 BTC would very likely trigger a sharp darkcoin rally.
On the dark side, a break through 0.0073 BTC would most likely trigger a fall to previous support around 0.0068 BTC.
Darkcoin Price Forecast Short Term
Summary:
TREND UP as long as holding above 0.0073 BTC . Bearish below 0.00729 BTC (downside target 0.00682 BTC).
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Have a great Crypto-Trading Day!
@S3052
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