Since last review Bitcoin Cash seemed to follow its elder brother Bitcoin and to go up. However, now it has been returning to the starting point. If this is only a correction to growth that has started, the decline will end today or tomorrow. But still, concerning the signals to sell from medium-term trend indicators, return to starting point of growth and...
Last week the majority of main cryptocurrencies changed in price a little. Except Bitcoin which continued to rise and to fix above $ 8’000 already. Its share in total capitalization grew to 46,8%. The number of billionaire-coins decreased to 19 and their total number (according to coinmarketcap.com) increased to 1’690. The total capitalization of cryptocurrencies...
In last review we wrote about the resume of Ripple’s decline after the attempt to grow higher than $ 0,50. This decrease did not have continuation. So, Ripple has been clutched in narrow diapason of $0.45-$0.5 for 5 weeks already. Along with that the growth of Bitcoin by 40% from minimums was ignored in fact. Ripple is consolidating above strategic level of $...
In last review we wrote about the drift of Ether waiting for the wind of changes. Since then Bitcoin has grew by 30% and has been above low-moving average of weekly chart what allows to state the emergence of quite strong wind of changes on cryptocurrency market. But many other coins and among them Ether turned out to be almost unreceptive to that wind. We...
Last week the majority of main cryptocurrencies increased in price exceeding the maximums of the previous week. But by the end of the week major part of the achievements was lost. Except Bitcoin which managed to rise and fix above $ 7’300. Its share in total capitalization increased to 45,5%. The number of billionaire-coins grew to 20 and their total number...
In last review we wrote about Bitcoin which found the support near $ 6’000. Since that this support has not been overcome. The bulls cheered up. Disappointed bears close short positions. As a result, we see an attempt to form new growing trend. MAcross gave a signal to buy on daily chart. Along with that, this signal has already passed the test by correction with...
In last review we wrote about the risk of avalanche-like fall of LTCUS rate. There was no fall. And, like it usually happens in such situations disappointed bears with cheered up bulls raised the market significantly. Litecoin has been attacking downward trend on 4-weeks maximum. Trading volumes are very low. The down trend has not been broken. Both fast and low...
Last week main cryptocurrencies lost the increment of last two weeks and started to decline. However, Bitcoin managed to spend all the week above the key level of $ 6’000. Its share in the total capitalization is still 42,8%. The number of billionaire-coins decreased to 18 and their total number (according to coinmarketcap.com) increased to 1’641. The total...
Bitcoin Cash has changed in the price insignificantly since the last review. There has been a consolidation on downward trend around 8 months minimums. Along with that fast and low moving averages are above current rates and have slight decline technically creating downward pressure. Still, summer lull reduces the chance of significant movements both up and...
At the end of the week Ripple went down again after achieving correction maximum near $ 0,52. At the beginning of this week the decline continued. And the minimum of previous week has been overcome. So, we can speak of medium-term downward trend resumption. Along with that, the correction did not achieve fast-moving average unlike many others cryptocurrencies. It...
Last week major cryptocurrencies went up a bit from local minimums reached earlier. Bitcoin managed to spend all the week above key level of $ 6’000. Its share in total capitalization increased to 42,8%. The number of billionaire-coins grew to 19 and their total number (according to coinmarketcap.com) increased to 1’619. Total capitalization of cryptocurrencies...
n last review we wrote about the balance of supply and demand near $ 500. Since that the rate has declined a bit. However, under $ 500 there is a demand and it seems to exceed supply. At least now. So, equilibrium price has been found for current market conditions. Ether has started to drift and it has been fluctuating under influence of casual wind gusts. To...
Since last review on Bitcoin it has dropped under $ 6'000. However, it has found a significant demand on the minimums since November 2017 and has managed to resist drop staying in narrow corridor under $ 6'600. So, there is a feeling of games limitation of both bears and bulls. The assumption about summer holidays has found its realization. For growing up to $...
Last week major cryptocurrencies changed in price a little, achieving new local minimums during the week. Bitcoin achieved its minimum of $ 5’780 and by the close of the week managed to rise above key level of $ 6’000. Its share in total capitalization increased to 42,5%. The number of billionaire-coins is still 18 and their total number (according to...
In last review we wrote about Litecoin's downward slide. Since that time, it has continued. The was a little update of the minimum. But it was getting lower and lower steadily. On the chart for almost 6 months we see a gradual decline after the previous rise. This semiannual story looks like giant snow cap sliding down a high mountain under its own weight. The...
In last review we wrote about BCHUSD hanging above the key support near $ 600. Since then the situation has become worse. Bidding has been going under $ 700 already. The market has been sagging peacefully and smoothly. Trend indicators give signal to sell. By experience, such market behavior most often leads to loss of support. There is one question left: will...
Last week major cryptocurrencies continued their decline achieving new local minimums and losing important supports. Bitcoin reached minimum of $ 5'755. And by the close of the week it could rise above key level of $ 6'000. Its share in total capitalization increased to 42%. The number of billionaire-coins is still 18 and their total number (according to...
Signal to buy from MAcross which we wrote about in last review on Ripple turned out to be false. As it usually happens with signal against trend on bigger scale of chart (on weekly chart MAcross is in sale since March). So, bulls' expectations are ruined yet again. However, Ripple also did not dove far down. All that makes it possible to make an assumption about...