Crypto markets are experiencing a nice bounce. But before we get into the details, a bit of housekeeping.
We’ve made some minor upgrades to the Crypto Asset Strategies website. Previously, our archives were not displaying all past updates and content. This was my oversight and has been resolved.
You can now see all previous updates, recommendations and Crypto Monitor episodes here.
Now let’s take a quick look at markets and our portfolio.
Bitcoin (BTC) is currently trading around $8,500, a key resistance level. We’ll see if we can break out higher to the upside over coming days. If bitcoin can break through this resistance with force, the entire market should move substantially higher.
Our new speculative pick, High Performance Blockchain (HPB), is currently trading at $3.24, up around $0.18 since our recommendation.
There hasn’t been much news on our coins since the last update, but here’s where they’re trading.
OmiseGO (OMG) rebounded to $15.71 over the last week, but has been flat in trading over the last 24 hours.
Nano (NANO) is up over the last week from a low of around $5.71 to $7.01 today.
Ark (ARK) is trading for $3.10 and is flat for the day.
Vertcoin (VTC) is trading at $2.64, up around 3.5% for the day.
Next week I’ll have an airdrop recommendation for you. As a reminder, an airdrop is when a new coin or token gives away small amounts of the coin as a method of increasing its distribution and adoption.
It’s a fun way to acquire some free coins that could rise in value and learn about a crypto project in the process.
Good investing,
Adam