The moment of truth for NLG, can it find some more bullpower?
Watching 
NLG action since early 2019. Gulden had a pretty heavy downwards spiral since 2018, as many other projects, and went as low as 61 sats. It had a nice run up to 268 sats in Januar this year, but couldn't find enough bullpower to go test it's old support levels of 355 sats. With the declining price of bitcoin, NLG is holding well so far in it's sats value.
The moment of truth now has come to see if NLG can bring some bullpower to the bittrex market and aim to break and hold above the 200 sats. The MACD and the RSI have been moving in the right direction so far, but if there is a lack of some more bullpower, then it could be time for some retests of around 115 sats.
My advice to newcomers is to wait and see what happens here. If down, then an entry between 110-120 sats would be a sweet spot to position yourself in. If NLG moves further up, join the ride towards a possible 1k sats mark. Either way, if you invest, make sure you look up the Dutch project. It has a strong and driven community and a greatly secure blockchain. gulden.com
NLG action since early 2019. Gulden had a pretty heavy downwards spiral since 2018, as many other projects, and went as low as 61 sats. It had a nice run up to 268 sats in Januar this year, but couldn't find enough bullpower to go test it's old support levels of 355 sats. With the declining price of bitcoin, NLG is holding well so far in it's sats value. The moment of truth now has come to see if NLG can bring some bullpower to the bittrex market and aim to break and hold above the 200 sats. The MACD and the RSI have been moving in the right direction so far, but if there is a lack of some more bullpower, then it could be time for some retests of around 115 sats.
My advice to newcomers is to wait and see what happens here. If down, then an entry between 110-120 sats would be a sweet spot to position yourself in. If NLG moves further up, join the ride towards a possible 1k sats mark. Either way, if you invest, make sure you look up the Dutch project. It has a strong and driven community and a greatly secure blockchain. gulden.com
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