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Latest Groestlcoin News
The cryptocurrency community recently celebrated the 10-year anniversary for Bitcoin. While this was a great milestone, the real celebration is what the blockchain technology has achieved for various industries around the world. And these include but not limited to introducing decentralized financial systems, distributed ledger technologies (DLTs), blockchain as a service in industries such as transport, healthcare and both online and offline payment systems. In this case, let me introduce Groestlcoin (GRS), a cryptocurrency project that is p
Not sharing the same popularity as the top ten crew on the official market cap ranking list Groestlcoin (GRS) may not appear to be a “must” when it comes to investing in blockchain and digital assets, however, GRS has numerous qualities that make one blockchain project successful. Launched back in 2014 before a handful of crypto toppers like Ethereum was introduced to the world of ICOs, Groestlcoin was presented as a zero-fee way of making blockchain-based transactions, making up for a SEGWIT and Lightning Network ready project. However, desp
Groestlcoin (GRS): Up By Over 79% Despite the Bear Market
Although we could see some significant improvements in the market after the most recent dip has ravaged the majority of cryptocurrency prices, including Ethereum (ETH) dropping to its nine-month lowest during the last 24 hours, Groestlcoin (GCR) rebound against the fiat made quite an impact in the market. Rising by over 79% against the dollar, GRS battled against the harsh downtrend, while the top 20 currencies in accordance with the market capitalization also managed to pull out a neat return after the horrific dips took place on August 14th
Groestlcoin (GRS) Technical Analysis: The One To Watch, Recovers 100% in 24hrs
Nothing in this article is to be construed as investment advice. Neither the author nor the publication assumes any responsibility or liability for any investments, profits or losses you may incur as a result of this information.
Groestlcoin Upside Target
Groestlcoin has formed a double bottom on the 12th of June and since then price has been climbing up consistently, while rejecting the uptrend trendline. Price broke above the extended descending channel and the 200 Moving Average. The channel and MA breakout occurred simultaneously just today, suggesting further upside potential. GRS/USD is now highly likely to move up towards the key resistance seen at $0.9. This is the 23.6% Fibonacci retrenchment level, where previously price bounced off a number of times.
What Is Groestlcoin? Groestlcoin is an ASIC-resistant cryptocurrency that boasts having “almost ZERO fees.” Although the coin itself is only pseudo-anonymous (like Bitcoin), the development team has ported a wallet (Samourai) to give you full anonymity. Like most people, your first question is probably, “What the hell is a ‘groestl’?” The cryptocurrency uses the Grøstl-512 mining algorithm, so the team aptly named the project “Groestlcoin.” Many people in the community have called for a rebranding to help with adoption though it doesn’t se
Groestlcoin (GRS) Begins Voting Process to Decide About Rebranding
Groestlcoin is a crypto that maybe few have heard of; however, its community is very close and enthusiastic. Its constant upgrades earned it some respect within the crypto sphere for having an active and very up to date development team. However, one of the problems that users always express has to do with the name. Basically Its pronunciation is a bit strange for the average user, and this is problematic for non-experts who want to start trading. To solve this problem, the Groestlcoin team has decided to leave the name issue in the hands of
What’s Going on With Groestlcoin (GRS)?
Groestlcoin (GRS) likes to be recognized as the first coin to activate the SegWit on its protocols and the first cryptocurrency to perform Lightening transactions on its MainNet network. Attention has been drawn to the seemingly unknown coin after taking a mammoth leap. Price and Performance of Groestlcoin (GRS) As at the time of this […]
Groestlcoin – How Far Can It Go?
Following the previous idea on Groestlcoin, it has reached the upside target and broke above it. GRS coin remains one of the leaders in the recent performance. Since price has bottomed out at $0.26, the increase in value was 760%, resulting in the GRS/USD moving as high as $2.3 in just over two weeks. The upside momentum remains very strong and the rise is likely to continue. The next resistance level is seen at $127.2% Fibonacci retracement level, that is $3.5.
Do not Miss the Opportunity to Buy Groestlcoin [GRS] when it’s Cheap
Groestlcoin [GRS] is not a new cryptocurrency. It’s been around for more than 4 years. The fact that you don’t know about it isn’t surprising, for Groestlcoin hasn’t spent a… View Post
Binance goes dark for a few hours before ‘claiming’ it back in action
Just a few hours ago, Binance was tweeting about listing Groestlcoin [GRS] and then a sudden wave of negativity filled their social media handles. Binance is not a fresher to hackers and its not been long since the previous hack attack. What looked like trouble to this gigantic exchange platform was the login error faced by a majority of the users across the globe. The entire market was panicking and there was chaos filled everywhere. A couple of hours ago, the Binance telegram group had been inundated with complaints from customers who could
Groestlcoin (GRS): Another Unknown Altcoin Steals the Show
Groestlcoin (GRS) may be a terrible choice of name for a cryptocurrency, but It has confirmed the saying; you don’t judge a book by its cover. Just a fun fact, It was the first coin to activate the SegWit on its protocols and the first cryptocurrency to boast Lightening Network MainNet transaction. Price and Status […]
Groestlcoin (GRS) jumps by more than 100%! Is it a pump and dump?
One thing I have noticed in the crypto market is that any time there is a massive pump, it is always followed by a dump. But sometimes the pump goes… View Post
Groestlcoin continues to range between 5.7k and 16k satoshi areas. These levels correspond to the Fibonacci retracement levels, 76.4% and 23.6% accordingly. While there is no established trend as GRS/BTC continues to reject the support, the range trading is likely to continue. If that’s the case, the price should go up once again towards the 16k satoshis resistance. Whether the resistance will be broken or rejected, remains to be seen.
Groestlcoin has been corrected down for 47 days since it reached the $2.75 high on 21st of December 2017. Correction resulted in a 85% decline while reaching $0.4 support area. GRS/USD nearly tested the 88.6% Fibonacci retracement, however, the support hasn’t been touched, and while RSI formed a bullish divergence price started to move higher. The downtrend trendline has been broken and on a correctional move down 4/1 Gann Fan has been rejected, forming the local support at $0.54. GRS Coin should continue moving higher towards either $1, that
Groestlcoin Markets 26
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