• Home
  • News & Analysis
  • Trading
  • Live Data
  • Events
Home News Video: Nano Introduction And Technical Analysis

Shutterstock

Video: Nano Introduction And Technical Analysis

-

Today’s Video Briefing takes on another crypto project that’s trying to break free of the blockchain’s shackles: Nano. Much like IOTA, Nano’s block-lattice architecture allows it to process fast transactions for zero fees – and none of the embarrassing costs of traditional blockchain mining.

Those advantages made Nano the hottest coin in the market last December, as the price shot up to $33 per token before crashing in one of the year’s most famous hacks. But is that all there is to it? Kiana looks into some of the other reasons to doubt the Nano currency, which go down into the fundamental incentives that support the currency.

Then we take a look at Nano’s technical indicators.  While it’s been a long time since Nano was worth $33, the speedy little token still shows plenty of pluck and has many true believers. That might not save it from Bear season, though, as Kiana examines Nano’s price action to determine where it’s headed.

SIMETRI Research

 

DISCLOSURE

Authors at Crypto Briefing are invested in cryptocurrencies. The author of this post may be invested in digital assets mentioned here.

Kiana Danial
Kiana Danialhttps://www.investdiva.com/
Kiana is an experienced crypto and forex trader who is currently writing 'Cryptocurrency Investing For Dummies'. She is also the CEO of Invest Diva, and "Invest Diva's Guide to Making Money in Forex" was picked by McGraw-Hill and became an immediate international success.

JOIN OUR COMMUNITY!

Join the conversation on Telegram and Twitter!

8,427FollowersFollow
1,342SubscribersSubscribe

More News & Analysis

Get The Best Of Crypto Briefing!

Crypto news flashes, new DARE research, upcoming mainnet launches, market reports, and much more!

X
X