Dimension Chain 24 Hour Volume Hits $2.34 Million (EON)

Tezos (XTZ) traded 1.9% higher against the dollar and now trades at $1.33 or 0.00018121 BTC. GXChain (GXC) traded 1.2% lower against the dollar …

Dimension Chain (CURRENCY:EON) traded 4.3% lower against the US dollar during the 1-day period ending at 11:00 AM Eastern on December 30th. In the last week, Dimension Chain has traded down 14.2% against the US dollar. One Dimension Chain token can currently be bought for $0.25 or 0.00003352 BTC on major exchanges including BitMart and Bithumb Global. Dimension Chain has a total market cap of $60.23 million and approximately $2.34 million worth of Dimension Chain was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Tezos (XTZ) traded 1.9% higher against the dollar and now trades at $1.33 or 0.00018121 BTC.
  • GXChain (GXC) traded 1.2% lower against the dollar and now trades at $0.39 or 0.00005355 BTC.
  • Smoke (SMOKE) traded flat against the dollar and now trades at $0.0444 or 0.00001179 BTC.
  • Apex (CPX) traded up 0.6% against the dollar and now trades at $0.0015 or 0.00000020 BTC.
  • DAPPSTER (DLISK) traded flat against the dollar and now trades at $0.0004 or 0.00000006 BTC.
  • Tezos (Pre-Launch) (XTZ) traded down 16.1% against the dollar and now trades at $3.26 or 0.00049283 BTC.

About Dimension Chain

Dimension Chain (EON) uses the hashing algorithm. It was first traded on March 31st, 2018. Dimension Chain’s total supply is 2,000,000,000 tokens and its circulating supply is 244,783,561 tokens. Dimension Chain’s official Twitter account is @ex_scudo. Dimension Chain’s official message board is medium.com/dimensionchain. The official website for Dimension Chain is dimensionchain.io.

Buying and Selling Dimension Chain

Dimension Chain can be bought or sold on the following cryptocurrency exchanges: Bithumb Global and BitMart. It is usually not currently possible to purchase alternative cryptocurrencies such as Dimension Chain directly using U.S. dollars. Investors seeking to trade Dimension Chain should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Dimension Chain using one of the aforementioned exchanges.

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Ethereum Technical Analysis: ETH/USD must break $140 for any hope of a recovery

Ethereum price is trading in the red by some 0.35% in the session on Friday. ETH/USD price action is running at four consecutive days in the green, …

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Ethereum Gold Project Market Capitalization Reaches $47657.00 (ETGP)

Ethereum Gold Project (CURRENCY:ETGP) traded 3.1% lower against the dollar during the one day period ending at 8:00 AM ET on December 30th.

Ethereum Gold Project (CURRENCY:ETGP) traded 3.1% lower against the dollar during the one day period ending at 8:00 AM ET on December 30th. During the last seven days, Ethereum Gold Project has traded 10.6% lower against the dollar. Ethereum Gold Project has a total market capitalization of $47,657.00 and approximately $30,051.00 worth of Ethereum Gold Project was traded on exchanges in the last day. One Ethereum Gold Project token can currently be purchased for $0.0000 or 0.00000000 BTC on popular exchanges including Mercatox, Hotbit and Token Store.

Here is how similar cryptocurrencies have performed during the last day:

  • Huobi Token (HT) traded 0.6% lower against the dollar and now trades at $2.80 or 0.00037999 BTC.
  • Maker (MKR) traded up 1.7% against the dollar and now trades at $444.52 or 0.06026872 BTC.
  • Crypto.com Coin (CRO) traded 0.7% lower against the dollar and now trades at $0.0344 or 0.00000466 BTC.
  • IOStoken (IOST) traded down 0.3% against the dollar and now trades at $0.0396 or 0.00000526 BTC.
  • FTX Token (FTT) traded down 0.6% against the dollar and now trades at $2.20 or 0.00029867 BTC.
  • OKB (OKB) traded up 2.9% against the dollar and now trades at $2.72 or 0.00036822 BTC.
  • Sai (DAI) traded up 0.3% against the dollar and now trades at $1.01 or 0.00011869 BTC.
  • Seele (SEELE) traded 0.6% lower against the dollar and now trades at $0.14 or 0.00001874 BTC.
  • ZB Token (ZB) traded up 0.7% against the dollar and now trades at $0.19 or 0.00002571 BTC.
  • THETA (THETA) traded up 5.5% against the dollar and now trades at $0.0923 or 0.00001252 BTC.

Ethereum Gold Project Token Profile

Ethereum Gold Project (CRYPTO:ETGP) is a token. Its launch date was October 13th, 2017. Ethereum Gold Project’s total supply is 6,000,000,000 tokens and its circulating supply is 5,874,571,479 tokens. Ethereum Gold Project’s official website is www.etgproject.org. Ethereum Gold Project’s official Twitter account is @

and its Facebook page is accessible here.

Ethereum Gold Project Token Trading

Ethereum Gold Project can be purchased on the following cryptocurrency exchanges: Mercatox, Token Store and Hotbit. It is usually not presently possible to purchase alternative cryptocurrencies such as Ethereum Gold Project directly using U.S. dollars. Investors seeking to acquire Ethereum Gold Project should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Gold Project using one of the exchanges listed above.

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NVIDIA Corporation (NVDA) Stock in the Overbought list?

NVIDIA Corporation Stock Performance: Shares of NVIDIA Corporation (NVDA) seen at -2.04% from its 52-week high price while it has been noted …

NVIDIA Corporation Stock Performance:

Shares of NVIDIA Corporation (NVDA) seen at -2.04% from its 52-week high price while it has been noted 89.22% away from low price over the last 52-weeks. The stock moved -0.97% at value $236.87 per share on Friday (12/27/2019) trading session. Traders shown interest NVIDIA Corporation as it recorded negotiations of 6321823 shares while stock maintained an average volume of 8.55M shares. It has a market capitalization of $142.60B. NVDA stock recognized return of 0.60% over last weekly trading activity and showed performance of 9.16% over monthly period. Shares are now at 37.91% for the quarter and 44.23% for the last six months. The company is driving a 80.58% of return over the course of past one year and is now with performance of 77.43% so far this year.

The stock now we are analyzing at is NVIDIA Corporation (NVDA) which is now in overbought queue as the Relative Strength Index has been observed at 71.95. As commonly stock is overbought when RSI goes above 70 (look further in the section of technical indicators).

There are a lot of factors to determine whether trading of NVIDIA Corporation (NVDA) stock is going to end in profit or not but one of the most commonly known important factors has remained the overbought and oversold conditions. So, identifying oversold and overbought stocks is an important skill for every investor or trader. Commonly, traders use technical indicators for oversold and overbought stocks while investors use fundamental factors. Most common Technical indicator that is used to identify overbought and oversold stocks is the Relative Strength Index or called RSI. While most common fundamental indicator that Investors cognize to identify overbought and oversold stocks is P/E Ratio.

How much NVDA Stock’s is Volatile?

Now we will look for the boiling points and excitability of NVDA stock. Last week’s volatility stood at 1.33% and last month’s volatility marked at 1.94%. Volatility of a stock indicates how tightly the price of a stock is constellated around the mean or moving average. A Stock’s volatility is generally associated with investment risk; however, traders can also use it to lock in superior returns. Volatility is also measured by ATR which is an exponential moving average (14-days) of the True Ranges. The stock’s ATR value pointed at 4.88.

At this moment, Stock’s beta measure is 2.04. Beta is also one of the most popular indicators to measure risk of stock trading. It is a measure of a stock’s volatility in relation to the market. Analysts also use it often when they need to determine risk profile of a stock. If beta is higher than 1 then risk is higher and if beta is lower than 1, then risk will be low.

Now here, we will be looking at the trend of NVDA stock’s performance for different time intervals in order to evaluate the company’s share value step by step.

NVIDIA Corporation Stock Look at Technical Side:

Most commonly used indicator to identify overbought and oversold conditions is Relative Strength Index (RSI). RSI is actually a range bound oscillator which is scaled mainly from 0 to 100. RSI from 30 to 70 are considered as a normal state but a RSI indicates the oversold situation when it comes below 30 and If RSI of a stock goes above 70 then it indicates the overbought situation. So as Currently Relative Strength Index (RSI-14) reading of NVIDIA Corporation (NVDA) stock is 71.95, technically it’s an overbought stock.

Though, occasionally stocks can indicate an opposite short-term movement then it becomes important to look for trades in direction of a bigger trend. Like when bigger trend of prices stayed down when RSI was over 70 and bigger trend of stock price stayed up while RSI is below 30 then a 14-day RSI can be considered as a short-term indicator. So, in that situation a Simple Moving Average (SMA) can be crucial to look.

Simple Moving Average calculated as an average of the last N-periods (20-Day, 50-Day, 200-Day). A Simple Moving Average is one of the most flexible as well as most-commonly used technical analysis indicators. It is highly popular among traders, mostly because of its simplicity. It works best in a trending environment. Any type of moving average can be used to generate buy or sell signals and this process is very simple. NVIDIA Corporation (NVDA) stock price is above from its 20 days moving average with 6.50% and trading rising from 50 days moving average with 11.66%. The stock price is performing along overhead from its 200 days moving average with 31.88%.

NVDA Stock Under Profitability Spotlight

Net profit margin of the company is 24.10% that shows how much the company is profiting by every dollar of sales. The company’s Gross margin is detected at 59.50% and Operating Margin is noted at 21.50%.

Return on Assets (ROA) shows that how much the company is profitable as compared to its total assets which is 16.70% for stock. On the other hand, Return on Equity (ROE) is 23.80%. ROE actually measures financial performance and could be thought of as the return on net assets. It is considered a measure of how effectively management is using a company’s assets to create profits. Return on Investment (ROI) is 32.50%. ROI measures the efficiency of investments. It helps to directly evaluate the amount of return on a specific investment, relative to the total investment’s cost.

Investors use price-to-earnings ratio or P/E to determine a stock’s valuation. It is one of the most widely-used company’s fundamental analysis tools and also shows whether a company’s stock price is overvalued or undervalued. Price to earnings P/E of the stock is 67.08 and Forward price to earnings ratio of 32.75.

Analysts Estimation:

Now at last but not the least, we will review what the Analysts are buzzing about this Stock. Looking for Analysts opinion is also important to understand where the stock is heading. Analyst has some hope that stock may be reaching the Target Price value of $235.32 in coming one year period. The Target Price expected by analysts that is achievable in short term period (1 year). Analysts’ Mean Recommendation of the stock is now at 2.2 (1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). EPS growth for the next year is expected to be 29.88% and projected to gain growth of 30.90% for this year. Earnings per share EPS is one of the most important variables in determining a share’s intrinsic value. EPS (ttm) is reported at 3.53. Analysts have some long term expectations that stock could hit EPS growth of 12.50% in next 5 years period while EPS growth seen at 52.20% for past 5 years period.

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2020 Crypto Market Prediction – Cryptos to Watch Out For

Although some new players were introduced to the battle field in form of Binance Coin (BNB), Tezos (XTZ) and Chainlink (LINK), that outperformed …

It would be fair to say that this year has been the continuation of bear market for almost all of the altcoins. Although some new players were introduced to the battle field in form of Binance Coin (BNB), Tezos (XTZ) and Chainlink (LINK), that outperformed every digital asset even the ‘Crypto Goliath’, bitcoin. But just before we look ahead and predict the course of the crypto market as we take a dive into a new decade, it would not be fair to overlook the path crypto market took in 2019.

Crypto Market 2019 Journey

Bitcoin started 2019 with a marketcap of $66.3 billion and was lurking around $3800. Currently, the most sought after digital asset is valued at $7,381 with a market cap of $133.8 billion. Since bitcoin gained an impressive 95% in 2019…

Crypto Market 2019 Journey

On the other hand, altcoins crypto winter continued and the assets plunged to extreme lows. The second largest crypto by marketcap Ethereum suffered once again this year and the digital asset will step in 2020 at the same place where it started 2019 and that is around $130. In July 2019, Ethereum peaked at $350 but the digital asset slipped back to where it started the year.

Ripple (XRP), the cross border transfer token is the worst performer in the crypto arena of 2019. The digital asset stands where it stood 2 years ago! Once considered the crypto rock star (which is indeed debatable), XRP lost almost 95% from its all-time high.

On the other hand Litecoin (LTC) had quite a roller coaster ride in 2019. Regarded as the ‘Digital Silver’ (with bitcoin being the Digital Gold), the crypto asset is lurking around $43 and is back where it started the year. The crypto asset experienced ‘Halving’, where the reward for crypto miners was halved to keep a check on inflation, and its price surged to $145 but that was sadly the only highlight for LTC in 2019.

Stellar (XLM) shared the same fate as XRP in 2019 as the crypto lost almost 60% and stretched its bear run to 2 years now. Other top cryptos like TRON, EOS, Cardano, Monero and bitcoin’s fork Bitcoin SV more or less will finish the year same as where they all started.

Cryptos to Look Out for In 2020

Binance Coin (BNB) was undoubtedly the highest performing digital asset for 2019. BNB, a utility token from one the world’s largest crypto exchange experienced a price surge of 560% in the first half of the year. Analysts suggested that the performance of the token can be attributed to the fact that Binance was open and transparent about $41.5 million bitcoin hack.

The company informed its investors as soon as they assessed the damage done by the attack. Just days after the attack, CEO and founder Changpeng Zhao held an Ask-Me-Anything session on reddit. On the other hand Binance launchpad IEO’s produced more than 600% returns as the exchange took most of the limelight in 2019.

Tezos was the other performer of 2019 with a surge of 185% since January 1st. Major exchanges offering staking rewards has driven XTZ prices making it one of the best performing altcoins of the year.

Ever since Facebook announced its Libra crypto, the crypto market was much hyped and a buzz but regulators came hard on Libra and hearings at Capitol Hill have immensely put the project in jeopardy.

While talking to Bloomberg, Blockchain Capital General Partner, Spencer Bogart gave an insight to survey conducted by his company he said;

“There are two factors to the halving represents a shelling point. There is a significant sum of capital that is in that position. we run a survey every 18 months that surveys more than 2000 american adults.

One of the things we ask is kind of questioning their conviction. We ask, what extent do you agree or disagree that most people will be using bitcoin within the next 10 years. In the spring of 2019 when we asked this, 33 percent of people and 43% of those 18 to 34 said they somewhat or strongly agree. We also asked them about their propensity to purchase. How likely are you to buy bitcoin in the next five years? 33% of those 18 to 34 said they are very or somewhat likely to buy in the next five years.

People are relatively indifferent as to whether they purchase today or tomorrow. It drives more purchasing. importantly, this reflexive feedback loop drives the bitcoin market where rising price drives more infrastructure, more computing power secure in the network. All of which feeds into a rising price”

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