In this post I will tell you about the 7 cryptocurrencys that I chose to invest in September. In all cases "I will bet" for your project, more than the circumstantial contribution
1- IOTA
The cryptocurrency IOTA is a TOP 10, with a market capitalization of more than US $ 2,000 million. It points to the Internet of Things (IoT) sector, where in a nutshell it means that any object can connect to the cloud and be "smart".
This is one of the ideal cryptocurrencys to bet on in the long run, since your project is more than solid.
The recommended entry point is US $ 0.65, about ten cents below the current price. The targets to look for will be at 0.87, 0.98 and 1.10 dollars respectively.
IOTA's key support is around US $ 0.60
2- Litecoin
Litecoin is one of the most winning cryptocurrencys of the last month, where it has left a comfort zone around US $ 50, to write down yesterday its historic maximum of US $ 90.
The strong rise is driven by a statement from the company encouraging its LTC holders to bet on their Token, since it has a very low cost to send money, added to its speed.
At this time the LTC is trading at US $ 77, which may seem expensive or cheap, depending on how you look at it. The optimal entry point is US $ 62, a value that hardly returns in the short term.
If you speculate in the short term, you can do trading with objective up to US $ 87. In contrast, if you invest in the medium and long term you can bet on a Litecoin above 100 dollars.
Litecoin's key support placed it at US $ 52, where it started the bullish climb a week ago
3-Bitcoin Cash
Bitcoin Cash is little more than a month old, and in the last two weeks it has managed to stabilize around US $ 550. It can be said against all odds.
While it is difficult to predict what his future may be, it is clear that having bifurcated Bitcoin gives him something "special."
From my point of view, I would recommend buying the environment at US $ 550, targeting the 630, 700 and 850 dollars respectively.
This investment I consider high risk, so it is advisable to place a protection stop around US $ 400
4- NEO
The Token NEO, better known as the Chinese Ethereum has increased its value in recent weeks, although these days is suffering a correction.
From US $ 7 at the beginning of August, I spent more than US $ 50 in the middle of the month, currently trading at around US $ 30, more than interesting value to buy.
If you speculate in the short term the goals to look for, they are at $ 34 and $ 39, but if you value the investment in the medium and long term you can expect again that it reaches its maximum of $ 51, and why not a little more above still
NEO's key support puts it around $ 20
5- Siacoin
The cryptocurrency Siacoin is one of the cheapest in the ecosystem with a current price of US $ 0.0082, which means that with just 10 cents you can buy just over 10 Tokens.
His project is interesting, pointing to decentralized storage in the cloud.
This currency is advisable to buy it thinking long term, and not so much for intraday trading. The objectives to look for are US $ 0.01 and US $ 0.0180.
Siacoin's key support is around US $ 0.0065
6- Ripple
Token Ripple is one of the best to trade in the short term, because it has quite "predictable" movements. It is very volatile, since the banks intervene.
It moves in a range between US $ 0.15 to US $ 0.29, with its equilibrium point being US $ 0.20.
If you are a short-term trader, Ripple is one of the best alternatives. You can buy the environment at US $ 0.18, looking for a fast target of US $ 0.23. In contrast, if you bet on the long-term you can wait until your resistance is US $ 0.29, or even a little higher (US $ 0.35).
The key support is clearly located at 0.15 cents
7- Gnosis
The cryptocurrency Gnosis is one of the best for trading in the short term, since its movements are very strong.
One of the biggest points in favor of Gnosis is that only 10 million Tokens will be emitted at most, transforming it into a "scarce" good.
At the moment it is negotiated around the US $ 170, an interesting point of purchase. The objectives to look for will be located at 186, 212 and 228 dollars respectively.
Gnosis support stands at around US $ 145.
