This Month's Technical Analysis Marathon Week 4: Cryptocurrency Chart Watch 2019

The other day I heard a story like, “Even though it was so exciting, around me no one talks about cryptocurrencies anymore. I think it will fade out like this.”

I suppose that’s true.

Because the 2017 hype was almost devoid of actual demand, an environment created merely by rumors of “everything will make you money” and expectations fed by rumors. People who were swept up and invested accordingly naturally feel disillusioned.

However, as you look around here in Japan, even for Bitcoin alone there are still almost no places where it can be used in everyday life. Are there any situations where ordinary people can earn something in Bitcoin as payment?

No, nowhere.

Dapps and other apps (games) are gradually appearing, but they are only in a very small segment of this space and not yet widely adopted. Are ordinary people using public blockchain-enabled convenient services and apps more and more?

No, not at all.

There isn’t any real opportunity coming yet, is there?
（cheap punchline）

Now, we will again hold a technical analysis marathon. Since there aren’t many major changes to scrutinize with the usual technicals, this time we will draw lines on the near-term levels to focus on and build a short-term strategy.

This timeon XRP, BCH, LTCthree tickers.