Coin of the day is Civic.
One of the most promising ICO of the 2017 Year. The company develops technologies for the protection of personal information and identification, a hot topic nowadays.
Civic main agenda is to provide technologies and services to the individuals, which gives the ability to protect and control their identities.
Civic is building an ecosystem that is designed to facilitate on-demand, secure and low-cost access to IDV, i.e. identity verification services via blockchain, such that background and personal information verification checks will be more secure, and no longer need to be undertaken from the ground up every time. Civic also has a Civic token ( Ethereum based ERC-20 token), or CVC, that participants of the ecosystem use to transact in IDV-related services.
CVCBTC bounced off the 0.0000265 low ten days ago and went upwards in a channel pattern. Recently the price broke above the psychological level 0.00003 and then went above the long-term Bearish Trend Line, which represents a downward tendency. For now, the price chart is not showing enough signs of the reversal, but current price action could be a starting point of the uptrend cycle. If CVCBTC will manage to break above the 0.00004 level and 100-days EMA, the coin should be considered for the portfolio.
One of the most promising ICO of the 2017 Year. The company develops technologies for the protection of personal information and identification, a hot topic nowadays.
Civic main agenda is to provide technologies and services to the individuals, which gives the ability to protect and control their identities.
Civic is building an ecosystem that is designed to facilitate on-demand, secure and low-cost access to IDV, i.e. identity verification services via blockchain, such that background and personal information verification checks will be more secure, and no longer need to be undertaken from the ground up every time. Civic also has a Civic token ( Ethereum based ERC-20 token), or CVC, that participants of the ecosystem use to transact in IDV-related services.
CVCBTC bounced off the 0.0000265 low ten days ago and went upwards in a channel pattern. Recently the price broke above the psychological level 0.00003 and then went above the long-term Bearish Trend Line, which represents a downward tendency. For now, the price chart is not showing enough signs of the reversal, but current price action could be a starting point of the uptrend cycle. If CVCBTC will manage to break above the 0.00004 level and 100-days EMA, the coin should be considered for the portfolio.
