Nubcake question

[Greendragon]

How do you all know what the resistance price's are.
Some say that we can shoot up above 300 dollars, 266 dollars is important..
How do you know ?

[Alley]

You have to look at the top exchanges order books.  You will see what price points sellers are putting there coins.  There might be 10,000 coins for sale at $270 so that would be a wall that would take some time to break through.

[RyNinDaCleM]

You have to look at the top exchanges order books.  You will see what price points sellers are putting there coins.  There might be 10,000 coins for sale at $270 so that would be a wall that would take some time to break through.

Orders can be moved instantly. Don't put all your trust in the orderbook.

I would say to use charts. You can see areas where the price spent a lot of time, signifying a decent amount of support/resistance. Highs, Lows and trends.

[Amph]

well the resistance point is easy to spot, if the price remain stable or around a certain range for so long, if you really think that a 6 months stable price(i didn't check the exact amount of time for the 220-250 range) cna be destroy suddently without any reason, then you are fooling yourself

it is evident that a price that hold for such a long time determinate a resistance point

[RodeoX]

How do you all know what the resistance price's are.
Some say that we can shoot up above 300 dollars, 266 dollars is important..
How do you know ?

The answer to your question is that no one here has a god-damn clue what is going to happen next. Speculation is guessing. Don't become deluded into thinking someone somewhere knows the answers.