{"id":12655,"date":"2015-02-16T10:31:23","date_gmt":"2015-02-16T15:31:23","guid":{"rendered":"https:\/\/wncen.com\/?p=12655"},"modified":"2019-09-30T16:02:43","modified_gmt":"2019-09-30T16:02:43","slug":"darkcoin-price-technical-analysis-1622015-starting-off","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/darkcoin-price-technical-analysis-1622015-starting-off\/","title":{"rendered":"Darkcoin Price Technical Analysis for 16\/2\/2015 \u2013 Starting Off!"},"content":{"rendered":"
Starting from today, I will be doing a daily darkcoin (DRK) technical analysis, so it is better to set basic resistance and support levels that we can build upon throughout our analysis during the upcoming couple of weeks.<\/em>
\nBy examining the 1 hour Cryptsy (DRK\/BTC) charts from tradingview.com<\/a> (look at the below chart), we can notice that darkcoin price increased today from around 0.01021 BTC to 0.01275 BTC, before falling again to 0.01166 BTC. Since then, the price was oscillating between 0.01275 and 0.01166, as it seems that the 0.013 level is resisting a further rise in DRK price. As shown by the long upward shadows of the candlesticks on the 1 hourly chart, it is more likely to see darkcoin price decline to test the 0.01080 support level than see it increase during the upcoming 24 hours.<\/p>\n