Review of RChain $RHOC 03/10/2018

Before I get started, I want to remind everyone that this is not financial advice. I am not a financial adviser. If you take everything that I say to you as truth, you may get fucking #rekt.

What is RChain? RChain (RHOC) is a Blockchain solution with industrial scalability in mind. Their goal is to provide delivery of content like Facebook with the transaction speed of Visa. Each instance of the RChain VM will be independent and will have its own set of smart contracts and networks. This means that RChain is partitioned by default and will offer scalability for all projects. Because it’s small and lightweight, each instance is lightning fast, has high throughput and high availability. Smart contracts enjoy meta programming, reactive data streams and pattern matching. They have solid development and advisory teams.

Fundamental analysis:

I believe the fundamentals are strong. They seek to disrupt the current Blockchain paradigm. They will offer scalability in ways that people can only dream of. They have a solid social media presence, an active Github space and lots of loyal followers. I believe this project will take off soon and will offer the returns that investors are looking for.

Technical analysis:

Down 24.5% over the last three months, $RHOC has taken a hit in value. Like every other alt, it derives its values from $BTC. Using EMA 20, SMA50 and BB20, as seen below, $RHOC is almost oversold. With a higher level of volatility in the market and sideways movement, I don’t expect any big moves in this token. This is probably a good entry point, in my opinion, to buy and accumulate. When the alt winter is over, this will definitely shine.

Source links:

RHOC Info: https://www.rchain.coop/

Twitter: https://twitter.com/rchain_coop

GitHub: https://github.com/rchain