CLOAKCOIN, SPECTRECOIN, DIGIBYTE AND ALTCOIN'S OVERALL MARKETCAP

HAPPY NEW YEARS Everybody! Another Year has came and gone. 2018 is upon Us and what a wonderful year it will be! Total Market Cap one year ago today was $17,700,314,429. today it is $614,960,383,377. What a year 2017 was! In one years time the Cryptocurrency Total Market Cap has increased by 3474.29072994% Absolutely awesome! Here's a snapshot of last New Year's Day Coinmarketcap (source: https://coinmarketcap.com/historical/20170101/)

Just look at those prices. Man has those prices risen! I bet you wished you could go back and buy those coins at those prices. LOL. Now, let me bring Your attention to that top picture. The Total Market Captitalization (Excluding Bitcoin). Today the Altcoin market has experienced its highest Marketcap to-date. What a beautiful thing. Bitcoin Dominance is only 37.70% of the total MarketCap. Altcoins are coming alive! At the moment, there are 1,381 cryptocurrency coins to choose from. Makes Your head swim just thinking about having to find a diamond-in-the-rough among all those coins.

Now, the information I'm about to go over is My opinion. It does not constitute trading advise. Do Your Own Research (DYOR). I've been blessed these past few years trading cryptocurrencies. In the past 20+ years I've traded commodities and futures successfully using technical analysis and believe that to be successful buying and selling assets such as cryptos, futures, and commodities (any open market asset) requires knowledge encompassed in the art of technical analysis.

The first coin I want to briefly discuss is one of two that in this article that falls within the "Privacy Coin" genre. It is Cloakcoin. CloakCoin is now on course for a whole new level, which will be confirmed by a quality audit of an external company in January and increased promotion of the ENIGMA technology. Please refer to Cloak's website for more information:
Website https://www.cloakcoin.com/
Bitcointalk channel https://bitcointalk.org/index.php?topic=823143.0

Presently, Cloak has surged above the trend line coming down from its June, 2017, high and appears to be forming a bullish pennant. Should any trader(s) set a bear trap look for prices to fall to the trendline then recover and resume its upward surge. I look for the Cloak market price to increase substantially once the audit by an external company is released circa mid to late January, 2018.

I expect Cloak prices to reach the $65.00 - $75.00 level in the near future

Spectrecoin is the second "Privacy Coin" I want to discuss. XSPEC was one of most successful ICO stories coming out of 2016. It has been slow getting on its feet due to marketing. However, On December 13th, price bottomed at 0.00001804 BTC and is presently trading at 0.00037495 BTC (or, $5.08).

XSPEC prices have already exceeded its All-Time-High (ATH) set on 6/21/2017 at 0.00018500 BTC (*Note: The initial Opening Day Price Bar appears to be at approximately the 0.00030000+ BTC level however the author isn't referencing that High at this point, see below).

Looking at the XSPEC chart from the Cryptopia Exchange it appears that price has broken through the ATH and could meet resistance around that "Opening" day price.

For more information:
Website https://spectreproject.io/
BitcoinTalk Channel https://bitcointalk.org/index.php?topic=2103301.0

I expect XSPEC prices to reach at least $35.00 - $60.00 level in the near future.

Now I'll briefly discuss la crème sur le dessus. Yes! I'm talking about Digibyte. Trendlines coming down from the July and September highs to the 12/20 High of 0.00000385 BTC was pierced on 12/22 with a thrust upward to 0.00000662 BTC since then prices have been trading within 12/22's High and Christmas Day's low of 0.00000350 BTC.

It appears Digibyte setting up a bullish pennant similar to CLOAK. Same opinion here as above. Should prices fail to move upward within a 75% completion of the pennant then look for prices to fall toward the above-mentioned DGB trend line for support and a subsequent thrust upward.

How is Digibyte categorized within the cryptocurrency world? Take a look:

For more information regarding Digibyte:
website https://www.digibyte.io/
Bitcointalk channetl https://bitcointalk.org/index.php?topic=408268.0

I expect prices to reach the $0.12 - $0.25 level in the near future

The above is NOT trading or investment advise. It is ONLY the opinion of the Author. Please contact a licensed professional for trading/investment advice. DYOR.

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HAVE A HAPPY AND PROSPEROUS 2018!

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Altcoin Exchange | Decentralized Exchange via Atomic Swaps http://bit.ly/2EfECjz

Register - Nexty http://bit.ly/2AsFLGv

POW - The new global currency http://bit.ly/2nhfkNF

Bitconnect http://bit.ly/2jkapKk

Binance Cryptocurrency Exchange http://bit.ly/2zeRGnj

Moon Litecoin - Free Litecoin Faucet http://bit.ly/2iK7RVB

Bitcoin & Ethereum Wallet - Coinbase http://bit.ly/2igH5iR