DestinationMoonCrypto

Civic coin, second takeoff attempt?

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POLONIEX:CVCBTC   Civic / Bitcoin
Coin of the day is Civic.
Once again coming back to Civic, the coin dedicated to personal info security.
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.

From the 18.03.2018 minimum (0.0000265), CVCBTC was drawing a turnaround pattern gradually growing above the 0.00003 level. Today the coin faced a huge inflow of volumes and broke above the 0.0000333 resistance level. The next steps on the way of forming a turnaround pattern will be 0.000037 resistance and most important 0.00004 Level which coinciding with the 100-days EMA. From the downside, 0.00003 level and Bullish Trend Line should hold on to confirm the uptrend scenario.

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