After a huge funding (which has hurt their cycle a bit) and several updates from the team we're apparently bottoming out. As one of the big projects this year is finally consolidating ideas and showing progress on their relationships and even new ICOs on the platform coming to life there's finally a trend reversal (apparently). The chart shows a hidden with the showing higher lows and the price showing lower lows, this indicates underlying strength. On the other hand we have showing a trend change at 20% oversold levels which might further indicate a change in trend. Next 2 months have interesting updates coming which would most likely create hype for people to buy in. from 8/12/2017 to this moment gives a good perspective as it's showing sells slowing down.
Updates for the team/product: https://blog.bancor.network/
Github (development progress): https://github.com/bancorprotocol/contracts
Coming conferences in which BANCOR will appear in:
- TechCrunch Disrupt - SEPT 18-20, 2017
- CapitalFest 2017 -Big main event of Amsterdam Capital Week - SEPT 27, 2017
- BlockCon 2017 - BlockChain Convention SantaMonica - OCT 10-11, 2017
- Ethereal - Culture-focused blockchain event that brings innovators in the field - OCT 27, 2017