Hello fellow GRIDCOINERS, BOINCers and Crunchers!

Hope you are enjoying the nice rise of GRIDCOIN as well as the rise of the majority of the most important coins at the **Cryptosphere** during this week.

First of all…
<h3>…If you are newbie or newcomer to GRIDCOIN, please, read the following two points as a preamble:</h3>

-	[What is GRIDCOIN?]( http://www.gridcoin.us/) 
- [Introductory post]( https://steemit.com/gridcoin/@toofasteddie/why-i-m-not-mining-anymore-but-boincing-instead-gridcoin-weekly-report-and-analysis-introductory-post) (Don’t upvote  it, just read it) and also have a look to [this one]( https://steemit.com/gridcoin/@toofasteddie/why-i-m-not-mining-anymore-but-boincing-instead).

![](https://steemitimages.com/DQmRwMqEPPvjQux2o5XzmaYnxzkvXDHs2rwkVjePy6qYBJ1/image.png)


<h2>GRIDCOIN performance in the Market and current expectations</h2>

- Let's have a look at the general charts of the last 7 days:

![](https://steemitimages.com/DQmeBz6F4hFQtMcHRRU94Gx7PKGhbicpEk2PSdu3ZfpFAhh/image.png)


 GRIDCOIN is performing  very well these days, behaving as forecasted and demonstrating a good strength in volume as well as in **price increase of 30%**.

- GRC vs USD 4h-chart:

<center>![](https://steemitimages.com/DQmXrcdhVPqDQEwFGEWCHC69ucn4aAY2hCvtigWUwc58Fmh/image.png)</center>

After reaching 0.0645 USD yesterday, GRIDCOIN is now correcting classically by means of what is commonly known as “abc” correction subcycle in Elliot-Waves Terms, something like this:

<center>![](https://steemitimages.com/DQmc4hZWQXc5MaPoCx4sGrHMyKq7bC5W1PoxurM9VBn1s9m/image.png)</center>

If my Elliot Wave counts are fine, in a **wider Time-frame** (1D-charts) we should expect another **Bullish subcycle** starting next week , since I think we are in the 2nd-correcting wave according to the Bullish cycle drawn at the chart below (wave (iii) in dark blue):

<center>![](https://steemitimages.com/DQmNxdwtzaitevwM36GRnPXhLqEVmE8BvgjZGZr2r5awTdk/image.png)</center>

<h4>As summary, the forecast of 0.1 USD for mid-term is still valid , (representing 130% more from my first call last week), being the current moment a good chance to buy some GRC.</h4>

<h2>More information:</h2>
- GRIDCOIN is currently ranked as number 200 of the Coin Market Cap.
- It is now traded at $ 0.052472 or 0.00000480 BTC.
- Its ATM (All Time high) was reached on mid-June this year when it reached 0.11 USD ( 0.00003830 BTC)
- It is trade on BITTREX, POLONIEX and Openledger between others
- It has a very healthy community here in steemit, always willing to help you in case you get lost or need some information.
http://www.gridcoin.us/
https://boinc.berkeley.edu/
http://wiki.gridcoin.us/Main_Page
https://twitter.com/GridcoinNetwork
https://www.reddit.com/r/gridcoin/
https://www.grcpool.com/
https://steemit.com/gridcoin/@toofasteddie/update-on-my-boinc-steem-engine-a-new-computer-added

<h4>*If you are thinking on Mining some cryptos with your computer, bear in mind that there is one choice that will give you not only money but also moral satisfaction.</h4>

<center>Keep on BOINCing!!


@toofasteddie</center>