FUNDAMENTALS
With MaidSafe rebuilding secure decentralised internet with BnkToTheFuture equity fundraising.....
And MaidSafe's funding on BnkToTheFuture coming up on 12th September which would run for 30 days.
Traders and investors may begin consider investing in the coin for a medium to semi long term....
See reasons
http://www.ibtimes.co.uk/maidsafe-rebuilding-secure-decentralised-internet-bnktothefuture-equity-fundraising-1579724
TECHNICALS
Taking a look at the daily charts of maidsafe... We can see that the coin has enjoyed a fair share of the uptrend for the past two months... Except for a retracement on the downside for 2 weeks now...
From the charts the coin seems to be oversold considering the RSI indicator (circled in the image).... This may however indicate exhaustion on the bears side....
With the fundamental news about the coin we may see a bounce off the support line (green line) to the upside in the days to come...
Courtesy
NANOKEN
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