The Zuck is looking into cryptos, Dogecoin now more valuable than the yen and YOYOW breakout

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·@furious-one·
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The Zuck is looking into cryptos, Dogecoin now more valuable than the yen and YOYOW breakout
![drip-921067_960_720.jpg](https://steemitimages.com/DQmXaYHXrEGk663zXnypgkYt3TuukQNGuRk5jn4GAELpurw/drip-921067_960_720.jpg)

Good morning traders! Time to start doing the rounds and see what's cooking around the globe.


**The Zuck is looking into cryptos**

Mark Zuckerberg, promised in a post on Facebook on January 4th, that he will take a deeper look into decentralization and cryptocurrencies. What implications will it have on Facebook? Maybe as small as just having the ability to pay for FB services with cryptos or maybe he will surprise us with something revolutionizing. Because FB definitely isn't a "power to the people" thing right now. I'm gonna remain skeptical about this one.

![zuckerberg crytos.JPG](https://steemitimages.com/DQmSAKEsGhxNUVmmPUVcsrEqiWE4ttH6LHziNEu4uEwW9rH/zuckerberg%20crytos.JPG)

Catch Zuck's full post here on [Facebook](https://www.facebook.com/zuck/posts/10104380170714571)

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**Some thoughts about Ripple**

Ripple's CEO, Brad Garlinghouse has a reason for us, why Ripple will overtake Bitcoin. "Ripple settles in 3 seconds - and that doesnt leave you open to price volatility risks like in Bitcoin, where it takes hours". Apparently Ripple has already over 100 banks working with them all over the world - Ripple is not as anonymous as Bitcoin  - so it is more favorable for banks to adapt. I know many of us fight against this kind of control, but hey! - we are traders first. If it moves, we trade it. If it's cheap and and fast to transact - we will definitely use it. I say godspeed Ripple!

![ripple faster than bitcoin.JPG](https://steemitimages.com/DQmVkAXigt2mDZe4jYQiAmpHMmbfkVRx324fXCA8W1Gv8Xi/ripple%20faster%20than%20bitcoin.JPG)
*<sub>Via [express.co.uk](https://www.express.co.uk/finance/city/900854/Ripple-price-Bitcoin-cryptocurrency-xrp-Brad-Garlinghouse)</sub>*

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**And the feel-good story is Dogecoin!** A cryptocurrency, created as a joke and intented to be a user-friendly online payment system, has surpassed all expectations and now rocks a solid $1 billion marketcap. Those who are not aware of Doge, it is an internet meme based on a real dog. The meme exploded in 2013. Read the origin of Doge meme on [knowyourmeme.com](http://knowyourmeme.com/memes/doge)

![doge.JPG](https://steemitimages.com/DQmZpK6FJfXyhDorPBHg6AcotRr4ydgUSbPJMS2z3sfk6xp/doge.JPG)
*<sub>Via [Coin Telegraph](https://cointelegraph.com/news/from-memecoin-to-billion-dollar-player-dogecoin-breaks-1-bln)</sub>*

To add insult to injury, Dogecoin is now more valuable than the japanese yen! Being an active USDJPY trader myself, i find this hilarious. 

![doge value.JPG](https://steemitimages.com/DQmcqtL1tX7kKjAQfgBvFb2SFrESr9XW1BH6YPohRmHRRMd/doge%20value.JPG)

![jpy value.JPG](https://steemitimages.com/DQmVNwNFepL2saMwifYZBgshudRQ5h89fiVixHHTCC3ESES/jpy%20value.JPG)


Thanks for pointing this out, [Wolfborg](https://twitter.com/Wolfborg13/status/949069295404834816)


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And finally, i want to take this chance and talk about 2 charts that i have my eyes on.

First one, YOYOW, the chinese STEEM, we have already talked about a litte. But repetition is the mother of  success. As you can see, we did a breakout and perfect retest of the range. It hasn't taken off after the retest quick enough for my liking, nevertheless, this is something we should be watching. After all, what if we all become whales on the chinese alternative of Steemit?

![yoyow chart.JPG](https://steemitimages.com/DQmVsF1RszRW7rCAfrYRcC9xV6QMmVRj9bN98D8AGx85ZZE/yoyow%20chart.JPG)




And aussie/dollar.

Just keep an eye on the 61.8 level, it's getting fairly extended, we might squeeze some more out of it, as the RSI is diverging but at the same time forming kind of a bullflag on the 4-hour chart.

![audusd.JPG](https://steemitimages.com/DQmPLqQJYQ1PMyqm4prwqLgqjYBUDYXQxwg4SCdi68NtQqW/audusd.JPG)


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Thank you for reading, let me know of your thoughts in the comment section. Cheers!

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Check out [Chainbb](https://chainbb.com/), an alternative frontend for STEEM network. If you like forum style, that's the platform for you.

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*<sub>Title image from pixabay</sub>*

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