theJadeCrow

ION looking great after announcing partnership.

Long
BITTREX:IONBTC   None
Ionomy studios announced this past Friday that they have partnered with Rekell Games and will be involved in a redesign of the popular game Rumble Arena!!

Jumping from coin rank 171 to 156 in the period of a week, USD value has increased more than 40 cents with a $7,188,296 increase in market cap since my last overview of the coin!

Community wise, support for the coin is growing and technical analysis seems to be confirming an uptrend. Following support on the 1-day chart and recently bouncing from the .618 price action has wicked through resistance at the .382 twice in the last few days. Breaking a number of resistance lines on the 4-hour chart price action has also broken through resistance on the the RSI. If support for Ionomy's innovations continues, ION looks like it could reach it's all-time high of $8.18 again by the end of the year...and then who knows from there!




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