DAO

Cryptocurrencies are in a sideways trend and are being challenged by their overhead resistance levels.

Undervalued altcoins are moving positively towards previous highs. The best performing altcoins trade in the bullish trend zone as they make a relief rally to the upside.

Cryptocurrencies resumed their downward correction as bulls failed to break through the next resistance levels.

Virtually all cryptocurrencies, including the biggest losers, have regained bullish momentum as altcoins rally. The performance of the losers indicates that they are posting minimal losses or minimal gains.

Virtually all cryptocurrencies have reached oversold regions. Some are consolidating for a possible rebound. Could the downtrend be over when cryptocurrencies are oversold? When to expect buyers to emerge in the oversold region?

Loopring, Helium, Curve DAO tokens, Ravencoin and Filecoin are in downward corrections.

Poker has gone from paper cards in saloon bars of the 1800s to huge online companies allowing people to play from home. But now it’s time for the next advancement.

Cryptocurrencies failed to continue recent rallies as altcoins fell back to their previous lows. OMG Network lost all of October's bullish gains and became the biggest loser of the last 7 days.

DAO is a new form of production, organization and management. It allows participants to manage an organization in a decentralized way, without a clear final decision maker. All decisions are made collectively through voting. DAO is an open form of management, and its members are mobile and have the ability to grow and expand.