Home / Featured / MaidSafeCoin Price Analysis: MAID Finds Support at Short-Term .618 Fibonacci Retracement

MaidSafeCoin Price Analysis: MAID Finds Support at Short-Term .618 Fibonacci Retracement

MaidSafeCoin has experienced a brief month of rising prices as the markets see an appreciation of price action in the region of 6.54% over the last 30 trading days. However, this short lived bullish run has recently met resistance and has rolled over, dropping almost 5% over the last 24 hours of trading. At the time of writing, MaidSafe Coin is currently trading hands at a price of $0.32.

MaidSafe was founded in 2006 by David Irvine, in Scotland, United Kingdom. Irvine intended to create a decentralized data management service which uses the spare resources from network participants. The MaidSafe team has been consistently developing their SAFE network for a number of years, which stands for safe access for everyone.

The Safe network brings together clients and farmers, allowing farmers to supply spare computing resource and clients to use the features of the safe network such as browsing and storing data. The farmers are remunerated for donating their resources to the Safe network….


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