Tight Resistance next 24 hours, bullish up to 5 by next Friday

POLONIEX:VTCUSD   Vertcoin / US Dollar (calculated by TradingView)
With steady movemenent last two days we haven't seen a huge drive in volume with a lot of resistantance at the current 4.4 mark.

Given this is a slow chip back to 5, I think once we break back into the 5 area the FOMO is going to set in and we see the big volumes coming back into play and the reversal continues.

Other factors-Dev Team is hosting a Q and A on reddit tomorrow. Last time around this spiked a 25 percent jump to the price.

Take that for what you will but with the road map updates this week and the slow build up to come I think we see a big push this weekend back to 5 and then quick jump to near 6 late next week followed by small correction.

Everybody and their dog keeps saying "$6" or "$8" is around the corner and VTC keeps dissapointing. Hope you're right but this thing ain't moving past $5 for a loooonnngggg time IMO.
bengreenberg87 TXCryptoTrader
@TXCryptoTrader, I think it spikes passed the 6 mark but then takes a sharp decline to be honest. It's an arms race rice between ASIC resistant coins but not a long-term sustainable one.
TXCryptoTrader bengreenberg87
@bengreenberg87, gotcha and thanks for the reply! So you don't think VTC will hit $10 anytime soon?
bengreenberg87 TXCryptoTrader
@TXCryptoTrader, 10 would be pretty aggressive but there is no doubt VTC is one of the hottest coins right now. A lot of that has no merit, though, but crypto right now is still in a speculation period just in sense of few coins actually being used. With all the updates with VTC I could see it getting to 10 but have to imagine it be a huge correction from there.

Shilling is awful but it becomes defacto for a real increase long-term to the coin which is great for VTC albeit not always for the right reasons.
TXCryptoTrader bengreenberg87
@bengreenberg87, Thanks for the thoughtful and helpful response! Yea...there's a LOT of crypto youtubers pushing this coin. We'll see what happens but I'd be happy in the next month with a $6 bump:)
bengreenberg87 TXCryptoTrader
@TXCryptoTrader, you got it!
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