TenX (PAY)
My comments:
The volumes in the whole cryptospace has been widely discussed among Youtubers, experts, traders, investors etc. Everyone agrees, that since the peak in December'17, the volumes have been declining almost on a daily basis. Also Google trends chart shows the same, that interest in "crypto" and "Bitcoin" has been on a decline since the beginning of the year 2018.
No exception is TenX, the volumes has fell sharply, from almost 120-150 BTC/day, to as we see from the screenshot 30-40 BTC/day. This is very very low number. On other picture we can also see that in the last few hours in trading chart on Bittrex, we see many gaps, in the candle sticks.
The bull market is in the full swing, no one argues any more. Today we have a "green day", then BTC is up +2%, the other altcoins are mostly on the rise too. But this is very fragile increase comparing with the current trend towards lower prices, in most altcoins. When looking at TenX hourly chart, we see a slight increase in price too. The last 24 hrs the coin increase by almost +1%, and buyers still pushing the price up slowly.
The price most probably will keep moving up in a slow pace. Reaching 14500-15000 satoshis. But once again, this is highly depends on the overall crypto market moods. I will trade this coin with small capital, just for few percents profits.
Disclaimer: This is not a financial advice, when investing or trading please do your own research.
