Siacoin Can Do More (Short-Term Move Mapped)

SCBTC (Siacoin) is now gaining momentum while moving higher and has room available for more.

Our next target is sitting at 39/40 satoshis before prices start to retrace... This price has already been hit on Binance, so we are likely to see the same happen here... Our next target is marked on the chart.

News updates
Sia Announces Skynet, the Storage Foundation for a Free Internet
"Nebulous, developers of the Sia network, has launched a content distribution and file sharing network
According to Nebulous CEO, Skynet offers lower storage costs and higher speed, and has advantages over both centralized solutions like Amazon Web Services and the InterPlanetary File System (IPFS)."

Source:
blog.sia.tech/skynet-bdf0209d6d34?gi=9e8b3774d679
theblockcrypto.com/post/56274/sia-blockchain-developer-nebulous-releases-decentralized-file-sharing-platform
sia.tech/skynet2020

Namaste.

Previous analysis | Jan 13, 2020 | SCBTC (+111%)