What’s up With SiaCoin?

Siacoin is indeed a great project that one day could pay off big time. As it continues to trade near the very bottom, with the current price standing at $0.014, the growth potential is truly enormous.

Since 18th of March, after hitting the bottom at $0.0082, SC/USD started to move higher producing higher highs and higher lows, while at the same time breaking above the 200 Moving Average. Siacoin reached $0.016 high and corrected down to 50% Fibonacci retracement level that has been rejected together with the 3/1 Gann Fan trendline.

It seems that $0.012 is a strong demand zone and the very beginning of the long term uptrend. Perhaps such a low price will never be seen again. Of course this is pure speculation but it certainly can become the reality.

Source: http://cryptopost.com/whats-up-with-siacoin/